Litigation and dispute consulting
Today’s litigious business environment poses significant risk
to enterprise value. Grant Thornton’s litigation and dispute
consulting professionals help overcome the complexities
of critical business challenges.
Litigation support Once filed, we are skilled and • Prepare lay and expert witnesses for
Our litigation support services add value experienced in litigation proceedings. testimony.
to all phases of the litigation process. Prior Typical services provided during the • Provide expert testimony in deposition
to the filing of a complaint, we will course of discovery and prior to trial are as and in court.
investigate, perform forensic accounting follows: • Rebut opposing expert testimony.
services, provide a preliminary • Prepare and respond to requests for
quantification of damages, determine production of documents. After settlement or trial, we can assist
possible causes for damages and potential • Prepare and respond to interrogatories. with claims management, the execution of
mitigation. As the case progresses, we • Prepare and confirm stipulations. distribution plans and any ordered
provide case management services to • Interview knowledgeable parties for remedial actions.
determine resource requirements and costs relevant information.
and to assess alternative strategies. • Document identification. Class-action assistance
• Gather, inventory, index and manage We recognize that class-action lawsuits
evidence. require specialized expertise to understand
• Prepare and respond to pleadings. the scope and potential risks associated
• Perform investigation and forensic with claims. Prior to class certification, our
accounting procedures. professionals have had experience dealing
• Provide electronic data discovery and with certification issues and determining if
computer forensics assistance. criteria have been met under Federal Rule
• Mine and analyze data. 23(b), including class membership
• Prepare and defend declarations, definitions, class members and boundaries.
expert disclosures and reports. During litigation, our professionals have
• Calculate damages. the necessary qualifications in accounting,
• Assist to prove liability and causation auditing, finance, economics and statistics
for damages. to serve as consulting or testifying experts.
• Prepare supporting demonstratives
for trial. Continued >
Forensic accounting, fraud
and investigation services
When conducting or responding to corporate investigation,
a swift, strategic approach to controlling damage is paramount.
Grant Thornton’s multidisciplined insights can safeguard
your company’s assets.
• Prepare or assess business interruption
Forensic accounting waste and abuse. Our credentialed
To perform forensic accounting services, claims. specialists use established forensic
we use recognized techniques to gather, • Locate evidence to support claims. investigation methods such as interviews,
analyze and interpret financial and • Determine prior period adjustments to computer forensics, financial analysis,
economic evidence to assist others in accounting books and records. records research and background searches
making informed decisions about business • Validate allegations of white-collar to discover the red flags that make up the
concerns. Among other reasons, forensic fraud, waste and abuse. “fraud triangle:”
accounting is useful to: • Investigate whistleblower claims. • The pressure or incentive to commit
• Determine contractual payments. fraud.
• Calculate license fees and royalties. Our Advisory Services team has a unique • An opportunity to commit fraud.
• Validate construction costs incurred. combination of Certified Public • The ability by the perpetrator to
• Analyze and classify partnership Accountant (CPA) auditors and tax rationalize the fraud.
expenditures. professionals, Certified Fraud Examiners We produce reliable findings and
(CFE), Certified Anti-Money Laundering conclusions, which have been used
Specialists (CAMS), certified electronic successfully in civil, criminal and
data discovery technologists, and high- bankruptcy proceedings, corporate
tech computer and research tools that give actions, governmental inquiries, regulatory
us unmatched capabilities to successfully investigations and insurance claim cases,
perform the most complex forensic among other matters.
Fraud prevention and deterrence
To avoid becoming a victim of fraud you
Fraud and investigation
We believe the investigation of fraud must keep it from happening. This process
requires the use of skilled and experienced begins with an assessment of enterprise
fraud and forensic professionals. Our fraud risk. Our professionals are thought
experienced investigators are trained to leaders in this area, experienced at
respond quickly and confidentially to
allegations of fraud, white-collar crime, Continued >
When it comes to managing electronic information, you need
to be prepared for critical events. At Grant Thornton, we
take control of the E-Discovery process, mitigating risk and
saving you time and money.
Thanks to recent amendments to Federal Preservation and collection Hosting and review
• In-house data center benefits
The professionals at Grant Thornton can
rules, regulatory scrutiny, the digital data
help you navigate your way through the You will benefit from Grant Thornton’s
evolution and the ever-present possibility
maze of Electronically Stored Information in-house electronic discovery data
of litigation, companies today require
(ESI). Not only will we collect and preserve center. Grant Thornton IT professionals
thorough, secure and efficient processes
the data, but we will maintain the chain of manage the operation of this data
for managing electronic information. At
custody. Our forensic experts can provide center which ensures a high level of
Grant Thornton, we have expertise,
recovery of lost, hidden and deleted security, minimizes hosting costs and
technical resources and robust processes
information, if needed. We collect and provides global review access.
and technology required to take the risk
• Safe harbor
prepare data in all cases as if we’re going to
out of information collection and
trial. This ensures we are properly prepared Grant Thornton has joined the
should the litigation proceed to court. Department of Commerce safe harbor.
Planning and scoping
meets the safe harbor framework. This
This is a critical stage in constructing the Processing
enables us to speed the process and
Once the data is in-house at Grant Thornton,
approach. We will work closely with you
collect data from the European Union.
our Electronic discovery experts use a
to develop a comprehensive discovery
• Multi-level security
wide variety of state-of-the-art software to
plan and timelines which meet your
We have a multi-level access security
load and index the data into our E-
requirements. This will ensure that we
system which allows different users to
Discovery platform. Optical character
deliver what you need and when you
have different levels of access. Data
recognition software allows scanned
review will take place via an encrypted
documents to be stored so they are easy
for you to search. Indexing also eliminates
duplicate documents, which saves you
time. Indexing will enable easy access and
review for your global team.
Restructuring and turnaround services
At Grant Thornton we know that a key factor in crisis
management is navigating change. Our corporate advisory
and restructuring services leaders have time-tested strategies
to turnaround a business, accelerate performance, drive
enterprise value and restore opportunity.
Strategic planning Cash management and financial information effectively. Our trained
Our operational and financial modeling professionals work with our clients to
professionals provide integrated strategic In stressed situations, companies must perform triage diagnostics and define long-
assessments to thoroughly evaluate the measure, report and forecast results, and term stabilization programs. We have
overall performance and direction of a manage cash coincident with increased prepared and evaluated restructuring plans
business, division or a specific product by scrutiny by third parties. By thoroughly (in or out of court), designed and
examining a variety of factors. In this way, assessing short-term cash flows, our cash performed financial and management
our professionals can help develop fully management and financial modeling reporting, provided web-enabled
supported forecasts and plans or refine specialists have proactively addressed these coordination activities, and managed sales
strategic direction. We can also assess and issues to buy time to develop long-term and creditor negotiations.
restructure business trade terms, solutions. We can assist with the In addition, we provide the following
conditions and incentives, and evaluate preparation of integrated cash forecasts, services to assist debtors, debtors-in-
creditor distribution plans as part of a including cash flow reports, payment possession, trustees, examiners, creditors,
recovery strategy. priorities, forecasted versus actual activity, creditor committees and others:
borrowing-base calculations and covenant • Asset tracing.
compliance computations. Using this • Record reconstruction and analysis.
information, we can also identify cash- • Special investigations.
saving and generating ideas to successfully • Analysis of alleged preferential
deal with creditors. payments or fraudulent conveyences.
• Preparation of operating reports, and
regulatory filings and disclosures.
• Reconciliation, substantiation and
Our pragmatic approach to crisis
prioritization of claims.
management situations such as
• Analysis or reorganization plans.
bankruptcy, material financial fraud or a
• Valuation of estate assets.
major restructuring event stabilizes the
environment by coordinating dialogue
among stakeholders and processing