The toughest nut to crack in many divorce asset searches is the private company. While people always want immediate access to bank accounts (and aren’t allowed to get them without discovery), you can always start to try to figure out what someone’s private company is worth.
If a U.S. company is private, it doesn’t
When was the last time you gave something away from your professional practice? I’m not talking about pens, calendars or tote bags. When did you give away knowledge about what you do?
Not, “Look at the results we get,” but rather, “Here’s how we do it.”
I’ve done a lot of speaking over the years,
Clients who hire us for asset searches always want to know what we find. As often as not, the big news after an asset search is when we don’t find something we should be seeing but are not.
When someone is concealing the truth, they often put in place a lie to throw you off.
A fascinating interview with the chief fact checker for The New Yorker in the Columbia Journalism Review here got us thinking about the distinction between checking the veracity of facts and finding new ones.
Our firm does both, dealing mostly with the former in due diligence and the latter with asset searches.
The New Yorker’s
What’s wrong with using a forensic accountant in your hunt for a spouse’s hidden assets? Nothing, provided you hand that accountant all the pertinent information you can. We’ve mentioned the need for these professionals frequently on our site, and this Forbes article by Jeffrey Landers explains similar reasoning.
The problem with forensic accountants can be
In an unusual move for a divorce case, a Queens judge added Benny Tal’s business partners as defendants in Benny’s divorce action because the three men had colluded to hide Benny’s assets from his wife Michal. As Michal told the New York Post, “It’s like a dirty soap opera. There’s so much fraud going
Grammy award winner Ne-Yo and several professional athletes are among those set to testify in federal court against the principals of Ohio-based sports drink company Imperial Integrative Health Research & Development. Preston Harrison and Thomas Jackson are charged with defrauding investors out of $9.5 million.
According to Bloomberg, the co-founders of Ezra Holdings, Ltd., a Singapore-based offshore marine company, reached a confidential settlement resolving their lengthy legal battle over $164 million in marital assets. Much of the dispute centered around ex- wife Goh Gaik Choo’s claim that ex-husband Lee Kian Soo had dissipated marital assets.
Goh alleged, that after
Grandchildren of the late Judge Leander Perez, a segregationist political boss who ruled Plaquemines Parish, Louisiana from the twenties until his death in 1968, recently filed a so-called “legacy lawsuit” against several large oil companies for allegedly polluting land on which the family held mineral rights. The glaring problem with the plaintiffs’ case is that
A London judge has ordered oil trader Michael Prest to pay his wife over $600,000 in support and alimony payments or face jail time. Prest’s case gained attention last year for a landmark U.K. Supreme Court ruling permitting Yasmin Prest to pierce the corporate veil to reach assets that Michael had placed in trusts held