Accuracy advises in a telecommunications JV dispute
Accuracy acts as an independent expert in a dispute between two joint venture partners involved in the retail of telecommunications products in India. Context Our client, a Middle Eastern group involved in retailing telecommunications products (the “Claimant”), entered into a JV with a large Indian retail group (the “Respondent”) to explore opportunities in […]
Accuracy uncovers fraud at a large IT manufacturer
Accuracy assisted a manufacturer of IT products in a mismanagement case perpetrated by one of its senior executives. Context Our client is one of the largest manufacturers of personal notebooks. In Italy, the group operated primarily through two subsidiaries on which we focussed our engagement. A handful of employees created unlawful sophisticated mechanisms, […]
Accuracy counters a real estate litigation in Turkey
Accuracy assists a public body in Turkey in a litigation related to a real estate development project. Context Our client was subject to a litigation case from a Dutch investment company related to its investments in a large residential and commercial construction project in the suburbs of Istanbul. The Dutch investors arranged to […]
A fraudulent mortgage scheme in Canada
A major Canadian financial institution faced an illegal property flipping scheme and required a substantial investigation to uncover all the associated impacts. Context Accuracy was hired by a major Canadian financial institution to investigate an illegal property flipping scheme. Illegal property flipping is a type of mortgage fraud involving the fraudulent selling of […]
Accuracy investigates claims in a CAN $2bn PPP project
Accuracy assists a Quebec public body in investigating claims related to a massive CAN $2bn PPP construction project. Context Accuracy was taken on by a Quebec public entity following claims from the contractor on the PPP project for cost overruns and delays. Our client requested us to perform an audit of (i) the […]
Acquisition of an Energy company in Luxembourg
Accuracy uses its financial due diligence and business modelling skills to assist a large investment fund in its decision to invest in an energy company in Luxembourg. Context Our client, a large French investment fund, was looking to acquire a stake in a Luxembourg-based energy group with operations in Western Europe. The group […]
Accuracy works with one of the world’s largest sporting goods groups
Accuracy provides a business plan review and valuation services for the sporting goods brand in India. Context One of the largest sporting goods groups in the world operated its Indian business through a JV with a local JV partner. The partner sought an exit from the arrangement, and a dispute arose due to […]
Acquisition of a construction company leads to an arbitration process
Following an acquisition in the Middle East, accounting issues were identified leading to an arbitration and damages calculation. Context Our client primarily works in the construction industry in EMEA and Asia. As part of the client’s growth strategy, it acquired a Germany-based engineering company. After completion of the transaction, the target company encountered […]
Modernising the Panama Canal
Accuracy’s comprehensive project delay analysis enabled the Canal’s modernisation project to continue. Context In 2006, Panama’s authorities decided to build a third set of locks in the Panama Canal to double its freight capacity. In 2009, Panama hired a European consortium for the project based on its low price ($3.2bn, $1bn+ lower than […]
Accuracy helps defend against bribery charges in an international case
Accuracy acts as an advisor to a large Italian aeronautics company in its defence against bribery charges. Context Our client constructs and sells helicopters and outsources the engineering of some components to three suppliers (two in India, one in Tunisia). The CEO of our client’s parent company was arrested by Italian authorities under […]