The unprecedented economic stress on firms and their directors and officers has resulted in a surge of business liquidations and reorganizations, filings for bankruptcy protection, and litigation. Some of the largest firms have sought court protection from creditors, resorted to government bailouts, or become targets of shareholder suits as their boards and managements cope with the financial challenges of the economic crisis.
For more than twenty-five years, attorneys have retained Cornerstone Research staff in matters involving fraudulent conveyance and preferential transfer, valuation of distressed firms and their securities and assets, securities fraud, ERISA, lender and auditor liability, change of control, and piercing the corporate veil. We have addressed such issues extensively in bankruptcy proceedings and in related litigation in district courts and other venues, analyzing questions of solvency, reasonably equivalent value, and other issues that arise.
Cornerstone Research staff have expertise in business, asset, securities, and derivative valuation and in conducting securities, financial, accounting, and economic analyses of financial markets and industries. We have developed specialized knowledge of databases containing comprehensive financial information, regulatory filings, security and derivative price information, merger and failure data on financial institutions and other firms, as well as relevant macroeconomic and real estate data.
Our network of faculty experts is drawn from leading business schools, law schools, and economics departments. In addition, our industry experts include individuals with longstanding experience as auditors, executives, directors, rating agency employees, and regulators.