PA applies expertise in disciplines such as economics, accounting, finance, trading, risk management, capital markets and statistics to assist clients with legal proceedings. Our consultants are experts in the regulatory and business environments and the organizations and operations of the utility and energy industry. Combining functional and industry expertise with practical business experience, PA is able to identify and quantify the critical elements of a client’s argument and effectively communicate them to legal counsel, judges and juries in both commercial and regulatory settings.
Client benefit
PA provides assistance at all stages of the litigation and regulatory processes including assisting clients in identifying and clarifying the facts of the case, constructing pointed interrogatories and discovery requests, accumulating and organizing relevant data and preparing fact-based financial and/or operational analysis. In addition, PA prepares and delivers testimony in depositions, arbitrations and trial settings and employs compelling graphics and exhibits to present a concise and credible point of view.
Energy clients choose PA for the depth of experience our experts bring to the matter and the excellent track record of performance we have working with our clients.
Valuation support
PA specializes in the analysis of complex energy commodity portfolio valuations, credit and collateral analysis, contract interpretation and settlement quantification. Additionally, our experts perform forensic audits and transaction analysis in support and development of claims and damage assessment including:
- mark-to-market analysis of linear and non-linear instruments
- position analysis of linear and non-linear instruments
- counterparty credit analysis
- collateral analysis
- asset valuation.
PA’s extensive energy industry experience provides insights into detailed valuations that enable our clients to assess modeling results in the context of the prevailing market conditions. PA employs meticulous document control and management procedures and practices, while applying technology in appropriate ways to maximize the efficiency and minimize the cost of the project.
Expert testimony
PA’s experts are experienced in a wide range of economic and business-related energy disciplines and are skilled in communicating complex ideas in a clear and precise manner. PA has an in-depth understanding of and familiarity with relevant legal and regulatory procedures. Additional support for expert testimony includes:
- critiquing opposition testimony for cross-examination and impeachment
- reconstructing and evaluating work papers of opposing experts and preparing deposition questions and interrogatories
- reviewing articles, speeches and prior testimony of prospective opposition experts for consistency with current arguments
- preparing other experts for deposition and trial.
PA experts have testified before US State and Federal courts, regulatory agencies, arbitration panels and administrative law judges. In addition to the many cases that went to trial, PA experts have assisted counsel by providing analyses for numerous out of court matters.