SERVICES

Bespoke Services

We support our clients in challenging business circumstances by deploying our financial expertise in Disputes and Corporate Finance. Explore our selected credentials.

Investment Losses Energy Poland

Post M&A arbitration over an acquisition of onshore wind and photovoltaic power plants

Assisted a major European renewable energy producer in an arbitration administered by the Court of Arbitration at the Polish National Chamber of Commerce over a breach of representations and warranties in the share purchase agreement related to an acquisition of several onshore wind and photovoltaic power plants located in CEE.

Instructed to prepare a DCF valuation of two wind farms under several scenarios for loss assessment purposes and provide written and oral expert evidence to the arbitral tribunal.

Service Disputes
Proceedings Arbitration
Institution SAKIG
Client role Claimant
Our role Party Expert

Commercial Damages Manufacturing Spain

Arbitration over unsettled payments and alleged lost profits due to a contested termination of an agreement to distribute industrial meters

Assisted an industrial metering company (claimant) in an arbitration administered by the Court of Arbitration at the Polish National Chamber of Commerce with its joint-venture partner in Spain (respondent) over unsettled payments and alleged lost profits due to an unplanned termination of a distribution agreement.

Prepared an expert report on the quantum of the counterclaim submitted by the respondent and given oral testimony at the arbitral hearing.

Service Disputes
Proceedings Arbitration
Institution SAKIG
Client role Claimant
Our role Party Expert

Commercial Damages Energy Poland

Private enforcement litigation over gas trading losses suffered by a combined heat and power plant due to abuse of market power

Assisted a green energy group (claimant) in a private enforcement litigation against a major CEE gas supplier (respondent) over trading losses suffered by one of the group's combined heat and power plants due to the alleged abuse of the Respondent's market power.

Prepared an expert report quantifying the claimant's loss due to its inability to realise its long gas trading positions on the market.

Service Disputes
Proceedings Litigation
Institution Court (Poland)
Client role Claimant
Our role Party Expert

Asset Valuation Energy Poland

Arbitration over the settlement value of energy supply infrastructure for automotive

Assisted a major global automotive manufacturer (respondent) in an arbitration administered by the Court of Arbitration at the Polish National Chamber of Commerce initiated by its long-standing supplier of energy vectors (claimant) over the fair value of energy equipment to be bought back under a call option in a complex historical and technical circumstances.

Prepared an expert report valuing the equipment under the combination of cost and market approaches and commented upon the claimant's expert income-based valuation of the business related to the equipment.

Service Disputes
Proceedings Arbitration
Institution SAKIG
Client role Respondent
Our role Party Expert

Forensic Accounting Agriculture Poland

Litigation over an M&A transaction involving a livestock breeding company

Assisted and an agriculture and commodities trader in a litigation over an M&A transaction involving a Polish livestock breeding company.

Reviewed the case documentation and prepared a comprehensive commentary to two expert reports issued by court-appointed academic institute on the target's financial reporting in the context of the transaction.

Service Disputes
Proceedings Litigation
Institution Court (Poland)
Client role Respondent
Our role Party Expert

Commercial Damages Resources Poland

Private enforcement litigation over coal supply overcharges to a food processor resulting from abuses of market position

Assisted a major food processing company (claimant) in a Polish private enforcement litigation against a market-dominant coal supplier (respondent) over substantial coal supply overcharges resulting from a series of abusive contractual amendments imposed by the respondent.

Prepared an expert report quantifying the claimant's loss due to the overcharges under several alternatives reflecting the sequence of the respondent's abuses of its market position.

Service Disputes
Proceedings Litigation
Institution Court (Poland)
Client role Claimant
Our role Party Expert

Commercial Damages Construction Poland

Advisory in negotiations over a delayed renovation of a four-star hotel under a global brand

Advised a company holding and operating a diversified portfolio of hotels in Poland in negotiations with a construction company over a delayed renovation of a four-star hotel to be operated under a global brand.

Built a financial model incorporating both the renovation and operational stages of the hotel and evaluated a number of alternative scenarios for the client's decision-making purposes.

Service Disputes
Proceedings Negotiation
Client role Claimant
Our role Advisor

Commercial Damages Chemicals Poland

Claims related to a delayed and defective construction of a major petrochemical facility

Assisted one of the largest Polish chemical companies (investor) in a dispute with a global industrial engineering group (contractor) related to a delayed and defective construction of a major petrochemical facility (project).

Conducted a comprehensive analysis identifying over 40 distinct construction-related heads of damages, including lost profit and loss of market opportunity, suffered by the investor and prepared their preliminary quantification for negotiation purposes.

Service Disputes
Proceedings Negotiation
Client role Claimant
Our role Party Expert

Commercial Damages Manufacturing Poland

Arbitration over non-performance on a contract for design, delivery and installation of a large-scale production line

Assisted a leading Polish manufacturer of specialised building materials (claimant) in their arbitration administered by the Court of Arbitration at the Polish National Chamber of Commerce against an Italian engineering group (respondent) resulting from non-performance on a contract for design, delivery and installation of a large building material production line.

Issued an expert report assessing the claimant's costs-to-cure as well as profits lost over an extended period of time due to substantial delay and malfunctioning of the line. Delivered oral testimony at the arbitral hearing and prepared post-hearing summary of issues at the arbitral tribunal's request.

Service Disputes
Proceedings Arbitration
Institution SAKIG
Client role Claimant
Our role Party Expert

Forensic Accounting Consumer Poland

Post M&A arbitration over net working capital of an acquired packaging company

Assisted a founder of a Polish manufacturer of specialised packaging (respondent) in a post-M&A arbitration proceeding administered by the Court of Arbitration at the Polish National Chamber of Commerce brought by an Austrian packaging group (claimant) over alleged breaches of the seller's indemnities with respect to the target's certain items of net working capital.

Reviewed the target's relevant accounting practice concerning working capital management and recognition of asset impairment to produce an expert report and deliver oral testimony to the arbitral tribunal.

Service Disputes
Proceedings Arbitration
Institution SAKIG
Client role Respondent
Our role Party Expert

Investment Losses Consumer Poland

Family dispute over an investment in a retail chain of premium bakeries

Advised one of the heirs to a family bakery business in litigation proceedings initiated by another heir over an investment agreement related to a retail chain of premium bakeries.

Prepared a series of papers on the financials of the disputed business to assist counsel in their pleadings.

Service Disputes
Proceedings Litigation
Institution Court (Poland)
Client role Respondent
Our role Advisor

Commercial Damages Energy Poland

Arbitration concerning financial settlements and losses due to delays in the construction of a utility-scale solar farm

Assisted an international contractor specialised in end-to-end construction of renewable energy infrastructure in an arbitration under rules of the Lewiatan Court of Arbitration against a Canada-headquartered investor concerning constructions delays, unsettled payments and lost profits related to a construction of a utility-scale photovoltaic farm in Poland.

Expert report investigating mutual financial settlements between the disputing parties in the context of work completed and assessing the investor's profit lost due to delayed construction.

Service Disputes
Proceedings Arbitration
Institution Lewiatan
Client role Claimant
Our role Party Expert

Commercial Damages Telecommunications Poland

Post-M&A insurance claim on high-speed internet infrastructure

Assisted a consortium of insurance companies providing warranty and indemnity cover in an M&A transaction involving a regional provider of high-speed internet under a claim notification procedure initiated by the buyer over certain deficiencies of the acquired network infrastructure.

Prepared a comprehensive review of the technical and business valuation aspects of the claim for the insurers' decision-making purposes.

Service Disputes
Proceedings Insurance claim
Client role Insurer
Our role Advisor

Investment Losses Financial Poland

Litigation over a diversified multibillion euro family estate

Advised a high-net-worth individual in Swiss court proceedings over a family estate including a multibillion-euro investment holding spanning energy, chemicals, infrastructure and real estate industries.

Prepared a series of analysis papers covering business valuation, asset appraisal and financial reporting for internal purposes of the client.

Service Disputes
Proceedings Litigation
Institution Court (Switzerland)
Client role Claimant
Our role Advisor

Investment Losses Resources Rwanda

Investor-State arbitration over an expropriated African gold refinery

Appointed by a UAE-based investor in an ICSID arbitration under two bilateral investment treaties pursuing investment damages as a result of unlawful expropriation of its equity interest in a joint venture established to build and operate a gold refinery in one of African countries.

Prepared an expert report assessing the value of the expropriated company, reviewing the amounts invested by the claimants and determining the value of stolen precious metals.

Service Disputes
Proceedings Arbitration
Institution ICSID
Client role Claimant
Our role Party Expert

Commercial Damages Energy Poland

International arbitration concerning delays in the construction of a utility-scale solar farm

Assisted an international contractor specialised in end-to-end construction of renewable energy infrastructure in an arbitration under rules of the Lewiatan Court of Arbitration against a Lithuania-headquartered investor concerning constructions delays and unsettled payments related to a construction of a utility-scale photovoltaic farm in Poland.

Prepared an expert report investigating mutual financial settlements between the disputing parties in the context of work completed due to premature termination of an EPC contract.

Service Disputes
Proceedings Arbitration
Institution Lewiatan
Client role Claimant
Our role Party Expert

Investment Losses Healthcare Poland

Post-M&A insurance claim over a large chain of specialised hospitals

Assisted a major specialised healthcare provider in its insurance claim related to the acquisition of a large chain of hospitals whereby it alleged overstated purchase price paid due to materials deficiencies in medical staff resulting in depressed actual and future earning capacity of the acquired business.

Prepared a preliminary assessment of the resulting losses under three distinct heads of damages in support of the insurance claim notification.

Service Disputes
Proceedings Insurance claim
Client role Claimant
Our role Party Expert

Business Valuation Business Services Poland

Valuation of an IT services company for transaction under common control

Assessed the valuation of a service company focused on large IT infrastructure projects for transaction under common control.

Prepared a comprehensive business valuation report to be used by the controlling parent.

Service Transactions
Client role Target
Our role Appraiser

Asset Valuation Resources Poland

Valuation of LNG and LPG assets and businesses for organised liquidation purposes

Assess the value of LNG and LPG assets and businesses of a former subsidiary of a Russian energy group for organised liquidation purposes following the takeover of the subsidiary by Polish authorities under the special purpose legal framework introduced after the Russian invasion on Ukraine.

Prepared a comprehensive asset and business valuation report to be used by the company's administrator in an orderly liquidation proceedings supervised by court.

Service Transactions
Client role Target
Our role Appraiser

Forensic Accounting Real Estate Poland

Forensic review of a complicated land disposal process

Reviewed the financial rationale behind a series of transactions involving the sale and purchase of large plots of industrial land executed via a complex ownership structure.

Prepared a review report for decision-making purposes of the new management of the seller.

Service Transactions
Client role Seller
Our role Advisor

Restructuring Plans Consumer Poland

Business review and restructuring plan for a distress manufacturer of modular bathrooms

Assisted a leading manufacturer of modular bathrooms under distress due to a significant economic slowdown on the manufacturer's single target market in operational and financial restructuring involving changes to both debt- and equity-financing.

Conducted a comprehensive diagnostic business review, prepared short-term cash flow forecasts and a comprehensive restructuring plan for three banks to release financing and the shareholders to enter into a merger with a competitor.

Service Restructuring
Client role Target
Our role Advisor