Answers to complex forensic accounting and business valuation questions
Our job is to make sense of the numbers. Cogence Group can assist you and your client in your next commercial litigation matter. Our reputation is built on being skilled at communicating our findings persuasively and with integrity.
Having testified in more than 130 litigated matters, Cogence Group brings a unique perspective and creative approach to solving complex financial problems in an understandable way. We help define the financial or economic analysis needed, and deliver reasoned, credible, and persuasive opinions in the courtroom.
Cogence Group Testimonials
I really enjoyed working with Eli Neal on a business valuation for a closely held company. He was always professional while dealing with very contentious litigation. Eli was particularly helpful in responding to unique requests by counsel in order to make the process fair to all parties. His report was detailed and thorough, which was noted by one of my client’s members, who is a licensed CPA. I would not hesitate to work with Eli again and have already recommended him to other attorneys.
Allison C. Bizzano – Lotus Law Group
Simply, Jay and his team were the most valuable resource we had throughout the course of our case, including through trial. From working with the client to develop our strategy, to digesting the other expert’s report, to presenting a compelling narrative at trial, the Cogence team was with us every step of the way. Jay’s trial presentation was top notch, and it led the judge to adopt in her opinion Jay’s methodology and nearly every conclusion he reached. We were lucky to have Cogence on our side.
Nicholas Kampars – Davis Wright Tremaine
Jay and Taylor are true pros. They helped our client to resolve a complex federal court litigation matter by providing expert analysis, testimony, and by assisting our team’s effort to cross examine the opposing parties and experts. The analysis provided was spot on and objectively untouchable. Most importantly, the Cogence team was always in line or one step ahead in preparation. We could depend on timely deliveries without fire drills. And the product delivered was exceptional. Jay and his team understand that complex litigation is full of moving parts, and they were never in a position to slow the machine. To the contrary, they aided in our effort to keep it well oiled and aggressively moving forward. I wouldn’t hesitate to use them again.
Joel Parker – Schwabe Williamson & Wyatt
Eli Neal handled valuations for several of our 300 unit + apartment communities with complex tenant in common ownership, other assets held by the separate tenant in common LLCs, and recent entity changes.
I was impressed that Eli grasped the ownership structure without any corrections and that his report not only supported the valuation, but allowed a reader to trace back to understand the ownership structures.
Jeff Chaidez, CPA – AM Hayden Properties, Inc.
I’ve benefited three times now from the expertise of Taylor Cothran, a forensic CPA at Cogence, on difficult cases. Taylor testifies like a dream, and she does thorough background workup so that the adverse attorney’s cross-examination of her opinions doesn’t get anywhere. During case workup, Taylor willingly dives right into murky piles of confusing financial documents, analyzes them, creates easy-to-understand exhibits for court that explain her testimony, and she makes herself available to prep for trial even at inconvenient times. She’s done a great job on cases ranging from maritime contracts, to loss of earning capacity on an injury claim, and to analyses of employment benefits. She also has the rare skill of being able to testify about present value of economic losses. In conclusion, she is able to testify with the same credibility as an economist, but with more attention to real-life facts than we typically see with economic theoreticians.
Timothy Grabe, Attorney
Our arbitration involved the late addition of a counterclaim for lost profits. On short notice, Cogence helped us review financial records and develop deposition questions and topics. With minimal time to prepare, Jay Sickler then attended the hearing to assist with cross-examination and offer rebuttal testimony. The arbitration panel soundly rejected the counterclaim, in large part because of the work of Jay and his team. We owe our success to Cogence, and wouldn’t hesitate to work with them again.
Daniel S. Reynolds – Saalfeld Griggs PC
Cogence Corner Blog
Review and discussion on topics related to business valuation, financial forensics, economic analysis and more.
By: Eli C. Neal It remains to be seen how long COVID-19 will shut down small businesses in Oregon, but even a shutdown of just a few weeks could have a devastating impact on business owners. Small businesses in the Portland Metro area, and across the State of Oregon may have an opportunity to file…
By: Eli Neal We’ve concluded our blog series on Cannabis. Below is a summary of the articles written: 1. An Introduction to the Oregon Marijuana Industry 2. How to Perform a Business Valuation of a Marijuana Business 3. Adjusted Net Asset Approach for Marijuana Businesses 4. Market Approach – Marijuana Business 5. Income Approach (Discount…
By: Eli Neal Oregon dispensaries began selling cannabis legally to recreational users on October 1, 2015. Since then, 2,030 Oregon marijuana business licenses have been approved. Now that three years have passed since legalization, cannabis businesses are starting to find themselves struggling to stay afloat or in the midst of business disputes. This is a…