Forensic Accounting
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreOur energy industry experience spans traditional thermal and renewable power generation, oil & gas, mid-stream operations, chemical & petrochemical, and alternative fuels.
Our forensic accountants quantify business interruption and financial damages resulting from equipment failure, catastrophic events, and other operational disruptions. We leverage extensive domain expertise to provide defensible financial analysis when energy operations are disrupted.
We evaluate and quantify energy-related damages in conjunction with property insurance claims, commercial litigation, and subrogation – advising on matters that arise during construction or disruptions during day-to-day operations, including business interruption, contingent losses, and delay in start-up scenarios.
Through our combined forensic accounting expertise and energy industry experience, we deliver expert analysis of a variety of factors impacting damages quantification Power Purchase Agreements (PPA), Virtual Power Purchase Agreements (VPPA), Contracts for Differences (CFD), Renewable Energy Certificates/Credits, Production (PTC) and Investment Tax (ITC) Incentive programs, and the valuation of refinery linear programming models, as well as RINS and LCFS valuations.
Our forensic accountants deliver expertise to a wide range of clients in the renewable energy industry, including solar, wind, hydroelectric, geothermal, biomass, and battery energy storage facilities. We measure business interruption and contingent business interruption losses, expense to reduce losses and extra expense claims, and Delay in Start-Up (DSU) and Advance Loss of Profit (ALOP).
Our experts are well versed on the impact of these claims on tax credits, including loss of production tax credits (both before and after the implementation of the Inflation Reduction Act of 2022) and Investment Tax Credit recapture provisions.
We quantify damages to renewable power facilities and their assets in a wide range of matters stemming from:
We assess Business Interruption and Contingent Business Interruption for traditional thermal power generation facilities, typically powered by fossil fuels, including natural gas, coal, and diesel. Our forensic accountants are experienced in quantifying losses across facilities operating under Power Purchase Agreements (PPA), in merchant marketplaces, and in ancillary service and capacity monetization schemes. In addition, we deliver expertise to support steam turbine generators and co-generation facilities that have experienced losses affecting production and contractual performance.
Our experts have extensive experience measuring damages including business interruption, incremental expense, and inventory loss across the oil & gas industry. We serve all major industry segments with tailored forensic analysis including:
Our forensic accounting experts quantify damages in matters related to the chemical and petrochemical industry for commercial insurance claims, litigation, and subrogation.
We have extensive experience calculating business interruption losses and extra expenses at highly-complex, integrated chemical facilities, as well as conducting specialized analysis related to the interdependencies of product groups produced in chemical and petrochemical plants, where disruption in one process affects downstream units and output. Our team delivers comprehensive financial modeling to help with claims, root cause analysis, and allocation of loss across insured locations and production lines.
We help insurance professionals and legal counsel evaluate business interruption and extra expense losses at ethanol and alternative fuels facilities worldwide. Our forensic accountants analyze the impact of equipment failure and operational disruptions on energy yield, production efficiency, and market delivery. These analyses are essential for quantifying recoverable losses and understanding how specific perils such as fire, mechanical breakdown, or contamination affect production cycles and long-term asset performance.
We analyze the financial impact of upstream and downstream supply chain interruptions across the energy sector. This includes loss quantification resulting from port closures, feedstock delivery delays, contractor insolvency, and forced outages at interconnected facilities. Our team evaluates how these disruptions influence contractual obligations, revenue timing, and cost escalations providing our experience in both first-party claims and third-party liability disputes.
Our forensic accountants assess losses related to project delays in the construction and commissioning of energy assets. We quantify delay in start-up (DSU) and advance loss of profit (ALOP) claims tied to equipment failure, permitting issues, and contractor delays. Our analysis includes scheduling reviews, critical path modeling, and performance-based revenue forecasting, critical for traditional and renewable energy infrastructure investments.
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