Bankruptcy & Restructuring
LECG bankruptcy experts have unparalleled credentials in matters of bankruptcy and insolvency. Few accounting firms have met the bankruptcy challenges of LECG bankruptcy experts in their work of more than 15,000 cases including some of the largest and most complex cases in the country.
LECG bankruptcy experts have years of experience in well-defined areas of specialization in almost every capacity of bankruptcy and insolvency accounting. Every expert receives extensive training to keep current with the ever-changing bankruptcy environment. This gives LECG experts unique expertise and judgment in handling the complex issues that arise in these types of engagements.
LECG bankruptcy experts have been appointed as trustees, receivers, and examiners in numerous Chapter 11 and Chapter 7 cases in a wide range of industries. They have also served as financial consultants to trustees, receivers, examiners, debtors, creditor committees, and secured creditors to provide essential and timely financial analyses required to make the difficult decisions in complicated bankruptcy cases. This unparalleled background enables our experts to identify and analyze issues and provide cost-efficient solutions and yield the greatest benefit to the client.
LECG experts have also been inducted as fellows in the American College of Bankruptcy—an honor bestowed on only a chosen handful of CPA practitioners in the United States. Additionally, some experts have served on the national board of directors of the Association of Insolvency and Restructuring Advisors.
LECG tax experts comprise one of the largest groups of CPAs in the nation who are primarily devoted to preparing bankruptcy-related income tax returns.
LECG experts are well versed in the application of the intricate provisions of the Internal Revenue Code, Bankruptcy Code and case law and are able to effectively apply tax-planning strategies to maximize tax benefits to an estate and its creditors.
LECG experts have testified in bankruptcy and state courts on a variety of arcane tax and bankruptcy matters. The ability to testify regarding tax ramifications of prior and anticipated transactions, and assist legal counsel to develop potential and ongoing litigation (pertaining to tax-related issues), has proven to be an invaluable asset to clients.
Complex tax issues arise in many of our cases. Our tax experts have the experience and knowledge to handle tax issues relating to:
Complex multi-state and consolidated corporate returns
Employee benefit plans
Federal and multi-state payroll tax
Federal and state tax disputes
Individual, partnership, and corporate income tax
Property tax
Sales and excise tax
Tax projections and planning
Capabilities
Representative Engagements
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