Post-Acquisition Dispute Involving an Insurance Brokerage

Our work in this matter included identifying, collecting and analyzing the relevant financial documents, preparing an expert report providing our opinion with respect to the proper calculation of the Adjusted Purchase Price due to the vendors of the insurance brokerage business, and providing our comments on an opposing expert’s report and conclusions. We attended mediation and presented our analysis and conclusions, as well as our comments on the opposing expert’s analysis, to the mediator. The matter ultimately settled after the mediation. 

This case involved concepts specific to the insurance brokerage industry including analysis of commission income and contingent profits. A thorough review and understanding of the terms of the Purchase Agreement was also required in order to properly calculate the adjusted Purchase Price.