The subject of this case study is the operator of several wind farms that supplied the generated electricity to a large industrial customer under a Power Purchase Agreement. The wind farms were all connected via overhead transmission lines to a substation on the boundary of the industrial customer that contained two transformers with the same rating.
The Idaho Mine is the second largest silver mine in North America. After over 100 years of operation, it was closed in the late 1980s due to aging equipment, high operating and maintenance costs as well as safety issues.
We were retained by the franchisor of a chain of fast food restaurants to perform royalty audits for “high risk” franchisees. It was alleged that some franchisees were under-reporting their revenues, and under-paying the royalties owing to the franchisor. We reviewed the annual revenues report by all franchisees over a 5 year period, and identified the franchisees that should be subject to a royalty audit, based on specific criteria we developed with the franchisor.
We were retained by the franchisor of a chain of fast food restaurants to perform royalty audits for a select number of franchisees. We were asked to verify that the revenues reported by the franchisees (and on which royalties paid to the franchisor were based) were complete and accurate.
Due to a fire in a hydrocracking complex in a refinery, the Insured suffered a significant and prolonged outage with a constrained output of higher-value refined products. MDD were instructed to review and quantify the claimed BI losses, which exceeded USD 275m.
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