Experience | Reichert Financial Litigation Support Services

Theresa works with plaintiffs and defendants, ensuring that the amounts quantified are based on sound methodologies in context of the facts particular to the situation as well as the economic and industry environment. She brings experience from her early years at a specialty boutique and more recently as a partner at one of the largest global professional services firms.

She has assisted clients across Canada including British Columbia, Alberta, Manitoba, Ontario and Nova Scotia. While most files settle, she has been qualified as an expert by the Supreme Court of British Columbia, the Court of Queen's Bench of Alberta and the Land Compensation Board of Alberta, in the areas of quantification of economic loss, business valuation and financial forensics.

Degrees

Bachelor of Commerce, University of Alberta
Master of Business Administration, University of Alberta

Designations

Chartered Professional Accountants of British Columbia
Chartered Business Valuator
Certified in Financial Forensics, AICPA

Security Certifications

Government Security Level Clearance – Secret Level II (Federal)

Corporate Loss Quantification / Business Interruption

Expropriations of airport hangars, amusement park, automotive service building; private air terminal and associated businesses; outdoor advertising; parking for a hotel
Breach of non-competition agreement and shareholder dispute for a construction company
Breach of fiduciary duty of a shareholders and former employees in several industries, including: metal wear plate manufacturer; computer numerical control machining company; transportation and logistics services company; and, electrical instruments supply and service company
Breach of intellectual property rights including compact equipment manufacturer and of a pipe-bending equipment manufacturer
Business interruption, such as economic damages claimed following a barn collapse in a hog production facility; losses arising following loss of equipment for an oilfield fire suppression business
Valuation of an oilfield equipment manufacturer for purposes of share restructuring
Shareholder disputes: ownership interests in residential development group of companies; road construction; power-sports and power equipment dealership

Class Action Loss Analysis and Quantification

Past quantum and potential future public economic impact arising from class action for charter and unjust enrichment claims related to fees charged to residents of long term care facilities
Loss of income reports for representative plaintiffs; and provide model for loss of income analysis in the Residential Schools class action; as well as reports for an individual applying under the Independent Assessment Process in the Residential Schools class action settlement
Loss of income report for representative plaintiff in the Alberta Eugenics class action

Personal Injury / Medical Malpractice Damage Quantification

Calculating losses caused as a result of numerous fatalities in a helicopter crash in Kazakhstan and following a mining accident
Evaluation of claims of loss of income experienced by a day-care business and hair salons arising as a result of injury of the owner/operator
Losses suffered by union health care workers and physicians injured in motor vehicle accidents
Loss suffered by self employed construction and oil field services company operators injured in motor vehicle accidents and suffering complications following medical treatment/delayed diagnosis
Losses suffered/future costs of care required as a result of injuries suffered at birth
Evaluation of claims and quantification of losses of hockey players (both NHL drafted and WHL players) suffered both in motor vehicle accidents and in on-ice incidents

Forensic and Estate Litigation

Assist internal audit and corporate security into the investigation of allegations of conflict of interest, vendor kickbacks and secret commissions, including transaction testing, witness interviews and internal audit reporting
Review of activities of power of attorney and executor relative to expenditures and investment earnings on behalf of estate beneficiaries
Determination of investment requirements for family relief applications

Matrimonial

Provide guideline income calculations in support of application for support in relation to retail franchise operations and in relation to health clinic
Review and alternative calculations in support of matrimonial valuation for settlement of property for bulk fuel agency and cardlock
Valuations of dental clinics; financial planning business; oilfield services company; land surveying businesses; and, restaurant franchise holdings

Presentations

Damage Quantification - ACFE/IIA Edmonton Fraud Conference (March 2018)
Litigation Potpourri - ACTLA (March 2017)
Risk Management Association - Business Valuations (March 2013)
Legal Education Society of Alberta - Civil Advocacy Series: Experts (April 2013)

My Philosophy

Every file is a series of puzzles:

Digesting and understanding the unique circumstances of each case, in the context of a changing environment
Researching suitable statistics regarding the industry/occupation, economy and other pertinent factors
Evaluating the interaction of the unique facts and the environmental context
Finding and applying a reasonable methodology to project what could have occurred compared to what has/will occur
Considering alternative approaches and factors
Preparing written communication of the logical findings in a clear and understandable fashion for all types of readers
Providing verbal explanation to clients to highlight strengths and potential challenges
Understanding the expert's role: independent, objective evaluator and teacher

30+ Years of Experience