Forensic

Forensic due diligence

We assessed potential claims on mutual settlements between the company and a counterparty in connection with the storage of products on racks leased by the company.

Forensic due diligence

Based on the analysis of the company’s financial and economic activity, including the analysis of loans, purchases and sales, we compiled a list of transactions, as a result of which money was withdrawn from the entities under review.

Forensic due diligence

We conducted a forensic investigation into the financial and operational activities of a leather factory to identify loss-making transactions caused by management’s misconduct.

Litigation assistance, financial and technical due diligence

A large chemical plant was involved in a dispute with a foreign subcontractor in connection with fires caused by a malfunction of equipment supplied by the subcontractor.

Our team performed a technical audit and instrumental control procedures based on which actual damage was calculated (taking into account the assessment of emergency recovery work) and lost profits associated with the fires.

Litigation assistance, financial and technical due diligence

A large Russian chemicals company was involved in a dispute related to claims against an international subcontractor under the EPCM contract. The case was considered by the SCC Arbitration Court in Stockholm.

During the project, we conducted comprehensive financial and technical due diligence. We also assessed the damage caused by defective equipment supplied by the subcontractor and calculated the costs incurred by the client.

Forensic due diligence

We performed forensic analysis and technical due diligence to establish signs, circumstances and facts of bad faith actions of contractors during the construction of the facility. The result was obtained based on the analysis of source documents and project documentation (design, working and as-built documents).

Forensic due diligence

We conducted forensic due diligence of the repair works procurement portfolio to identify signs of inefficient procurement practices involving abuse (excessive demand, distortion of parameters in defect schedules and technical specifications, manipulation of lotting for complex procurement, inflated unit rates and costs, excessive volumes of materials supplied by contractors, etc.).

As part of the project, technical audit procedures were conducted to verify the justification and technical specifications of the procurements.

Dispute advisory services

We calculated the costs actually incurred and potential damage in a dispute between a major Russian oil company and its international contractor under a service contract governed by the laws of England and Wales.

The dispute arose after the contractor refused to supply complex technological equipment ensuring uninterrupted and accident-free operation of production facilities. To calculate the damages, a benchmarking of availability, as well as the costs of components and units of technological equipment, was performed, taking into account delivery under sanction restrictions.

Forensic due diligence

Forensic due diligence We identified and analyzed defective transactions, developed recommendations to prevent risks associated with identified risk transactions: the client acted as a creditor in the event of bankruptcy of the entity under review.

Dispute advisory services

We determined the amount of the organization’s loss arising from a lease transaction a part of arbitration proceedings, specifically regarding the recovery of unjust enrichment.

Forensic due diligence

We identified the companies of the “unofficial perimeter” of the group of companies under review. We calculated the amount of losses resulting from transactions with companies of the “unofficial perimeter.”

Forensic due diligence

We identified schemes of abuse and calculated potential losses in the procurement and investment activities of the Group.

Identification of cash flow schemes in the organization

We identified cash withdrawal schemes, tracked cash flows and financial instruments, calculated losses.