Fraud & Embezzlement / White Collar Crime
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Economic Damages
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Rebuttal Reports
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Shareholder Disputes
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Business Interruption

Divorce – Personal or Business

Wrongful Termination

It is common for court cases to involve complicated financial and economic issues, and legal professionals should not be expected to be skilled in the subtleties of financial matters. Compiling and analyzing reams of accounting, financial, statistical and economic information in a clear manner for a judge and jury to understand can be daunting. J. Richard Claywell, CPA’s litigation support services assist attorneys throughout all phases of the dispute process: from discovery through trial. We help you develop and present concise, objective evidence that clearly shows the merits of a legal position. We accomplish this by assisting you in developing and analyzing monetary damage issues in litigation, arbitration or mediation forums.

We have experience working with attorneys in a variety of cases in Houston, Texas, Oklahoma, New Mexico, Arizona, California, Nevada, Illinois, Montana, and Missouri. Richard has testified in Texas County Courts, Texas State Court, Bankruptcy Court and Federal District Court.

Areas for Investigation in Forensic Services

  • Misappropriation or theft of physical assets
  • Fraudulent conveyance
  • Diversion of income
  • Funding of personal expenditures through corporate accounts
  • Financial statements and other data
  • Fraud and malfeasance

Business Valuation / Appraisal Services

  • Business-Appraisal-Process-Chart-thumbnailCalculation of business enterprise value
  • Quantification of relevant minority and lack of marketability discounts applicable to the subject interest
  • Measurement of impact of violations of non-compete agreements
  • Quantification of reasonable compensation for shareholder-employees

This chart shows the procedures required as generally accepted business valuation practice. It provides a checklist of procedures that should be followed by the experts on both sides of a case.

Litigation Related Expert Valuation Opinions

The valuation professionals of J. Richard Claywell, CPA can assist in numerous litigation-related matters, including:

  • Shareholder and partner disputes
  • Minority shareholder oppression actions
  • Post-transaction disputes
  • Securities and shareholder derivatives actions
  • Bankruptcy / Reorganization litigation
  • Family law matters / Divorce
  • Intellectual property disputes
  • Income and estate/Gift disputes
  • Breach of contract
  • Infringement
  • Lender liability
  • Lost profits
  • Malpractice / Negligence actions
  • Personal injury
  • Wrongful termination

Transaction Disputes

We have hands-on working experience in the transaction process and related transaction-related disputes. We also hold the proper accreditations often helpful in transaction-based litigious matters, including but not limited to, CPA, ABV, ASA, CBA, ICVS, CVA, CM&AA, MAFF, CFD, ABAR designations. J. Richard Claywell, CPA provides dispute advisory and forensic services for transaction-related disputes in the following areas:

  • Analysis of scope and findings of pre-transaction operational and financial due diligence efforts
  • Financial reporting and GAAP compliance issues relative to interim and closing date financial statements
  • Post-transaction solvency analyses for bankruptcy/fraudulent conveyance situations
  • Post-transaction analysis of fraud/breach of representations and warranties
  • Earn-out disputes
  • Forensic investigations and detailed accounting record reviews, including alter ego and self-dealing assessments
  • Assessment of closing balance sheet adjustments
  • Assessment of appropriate valuation methodologies and standards of value
  • Assessment of debt and equity structures in dispute


“Thanks for the hard work you performed on a very difficult case. There were many obstacles that you had to overcome to dig down to the truth, but your persistence revealed the real cause of the damages. At trial, you managed to keep it simple, which I truly believe is what saved the day.” -Paul J. Goldenberg, Attorney