March 2017
In This Issue
Quick Links
evUpcoming Events
 
In his role as National Director of the National Association of Legal Investigators, Trace Investigations founder and CEO, Don C. Johnson, CLI, will serve as master of ceremonies for NALI's 50th anniversary conference and celebration from June 8-10, 2017 at the Embassy Suites Hotel in Alexandria, Virginia. Complete details at NALI.com.


We are grateful to have the opportunity to provide you this valuable information. We take special care to ensure the information we provide you in "Tracings" is the latest and most current information available .
In this edition, we address uncovering assets during due diligence in business matters, and in anticipation of litigation in personal injury and other civil or administrative proceedings, such as judgment enforcement. We close with a case study showing how one document we discovered was worth a million dollars.

The goal of this e-newsletter is to provide you with critical information that will help you prevail in your business affairs wherever fact finding is an essential component. We will share what we have learned in our 30+ years as professional investigators and intelligence analysts.

We want to write about topics that will assist you in succeeding in your business endeavors. Please e-mail us your topics of interest to
tracings@traceinvestigations.com.
 
We encourage you to share our e-newsletter with others in your sphere of influence. 
 
Sincerely,
The Trace Team

art1Uncovering Assets
Are you owed money? A re you facing a risky business decision? If you answered "yes" to either question, an asset investigation might be helpful in uncovering the money you are entitled to, or for healthy risk management in a business matter. Whether you are considering a business acquisition or merger, are involved in a personal injury case, or need to collect monies owed on a contractual obligation, locating assets is crucial for obtaining a favorable settlement or resolution to a legal dispute. The goal of an asset investigation in a business matter is to obtain useful information to help avoid bad investment decisions and to protect your business. Tracing assets prior to merging or acquiring a business, a routine component during due diligence, is a proven and imperative step in assessing risk and forming healthy business relationships. Not only is it important to locate assets, it's also advantageous to know the state of those assets.

Are you considering litigation? If the ultimate goal of filing litigation is to receive compensation for property damages or personal injuries, then it's important to know if the opposing party has adequate means to cover the potential debt. Prior to putting in the time and spending potentially thousands of dollars in a legal proceeding, it's in your best interest to decide if the opposing side is worth pursuing.

Suze Orman, personal financial guru, famously said "We tend to focus on assets and forget about debts."In addition to being good advice in establishing personal financial security, the saying applies equally to establishing a... Read More

art2Case Study: The case of the million dollar document 
 
Trace Investigations was retained to conduct an asset investigation on a construction company for a personal injury case. One of the company's employees, a truck driver, was responsible for a vehicular accident in a company vehicle that led to serious injuries and a fatality. Our client was legal counsel for the estate of the decedent. The responsible company was partially owned by numerous other companies. Collecting a comprehensive list of "targets" -- principals, assets and debts beyond limits on the company's insurance policy -- was challenging. Many of the affiliated firm owners were limited liability companies, with no information as to the individual principals other than the registered agents.

Challenges are opportunities in waiting. During our due diligence a document was discovered that played a pivotal role in our client's ultimate success in achieving a satisfactory financial resolution. In replying to a city proposal for services, the business had submitted a bid that detailed all of its assets, including strategic partnerships, resource capacity, number of employees, equipment and inventory, active contracts, and real estate holdings. This proposal confirmed everything the client suspected and hoped to discover.

No amount of money can remove the heartache of losing a family member in a vehicular accident. However, a family's financial losses and other expenses can be compensated for and a responsible party held accountable for its actions.

If you need help locating assets call Trace Investigations at 800-310-8857.