Partner: Nasol, Eizel M.

Salon, Jane Ellen Marie M.

Forensic Firm: J.S Held Consulting Firm

Overview:

J.S. Held is a global consulting firm that combines technical, scientific, financial,
and strategic expertise to advise clients seeking to realize value and mitigate risk.

Our professionals serve as trusted advisors to organizations facing high stakes

matters demanding urgent attention, staunch integrity, proven experience, clear-cut
analysis, and an understanding of both tangible and intangible assets. The firm provides
a comprehensive suite of services, products, and data that enable clients to navigate
complex, contentious, and often catastrophic situations.

AREAS OF EXPERTISE:

They combine technical, scientific, financial, and strategic expertise to advise

clients seeking to realize value and mitigate risk.

Their professionals serve as trusted advisors to organizations facing high stakes

matters demanding urgent attention, staunch integrity, proven experience, clear-cut
analysis, and an understanding of both tangible and intangible assets.

They offer a comprehensive suite of services, products, and data that enable
clients to navigate complex, contentious, and often catastrophic situations.

Level of Service: Litigation (Bankruptcy)

They provide assistance to distressed companies, their counsel, receivers, and

regulators in matters of bankruptcy and insolvency litigation.
 Their team delivers specialized expertise, flexibility, and integrity when working
with clients that are facing financial distress or have reached the point of bankruptcy or
insolvency.

They also help organizations to assess the causes of financial distress; evaluate
potential fraud and misconduct by management, employees, and third parties that may
have contributed to the financial hardship; and perform valuations of businesses and
their remaining assets, including intellectual property (IP) and other intangible assets.
We also routinely work with regulators and receivers in bankruptcy and insolvency
matters and are actively involved in organizations that serve those practitioners.

Cases /Engagements:

FEATURED ENGAGEMENTS – STATUTORY & FORENSIC ACCOUNTING CONSULTATION

TO RECEIVERS & LIQUIDATORS (Business and Commercial Forensic Accounting)

Our experts were engaged by counsel for several different state insurance
departments in their roles and receivers and/or liquidators of insolvent insurance
companies to assist in assessment of whether financial statements were prepared in
accordance with statutory accounting practices, analysis of the conduct of directors and
officers, and evaluation of compliance by auditors with generally accepted auditing.

Our team was engaged to investigate causes of insolvency, perform liability,

causation, and damages analyses related to directors, officers, accountants, actuaries,
and other consultants. Issues have included loss reserve adequacy, reinsurance
recoverable, and internal control deficiencies, among others. Work included review of
workpapers, coordination and review of work of consulting actuaries, and preparation
of deposition outlines. Additional services included preparation of pro forma financial
statements, deposition assistance, and rebuttal of opposing experts. Expert testimony
was provided.

This is considered as a Business and Commercial Forensic Accounting because the

firm focused on whether the business was following the proper accounting standards,
also on the kind governance of board of directors and its officers along with auditors
following the generally accepted auditing principles.

FEATURED ENGAGEMENT – FRAUDULENT TRANSFER DISPUTE FOR INTERNATIONAL

INSURANCE COMPANY (Economic Crime Forensic Accounting)

Our experts were engaged on behalf of an international insurance company

regarding a dispute arising from claims of fraudulent transfer and involving complex
business transactions including evaluation of a billion-dollar reinsurance agreement,
issues of asset valuation and goodwill, and impairment thereof. Services included
deposition and trial testimony.

This is considered as Economic Crime Forensic Accounting since the international

insurance company was involved in embezzlement crime and other complex business
transactions that resulted to a court trial.