An Operating Agreement dispute as to what specific costs could be charged to the Joint Account in respect of a North Sea oil field following a corporate transaction that changed the cost structure of the Operator.
A Secretariat Managing Director was appointed as the Expert Determiner to determine what amounts could be charged by the Operator to the Joint Venture.
We considered the submissions from both sides setting out legal and accounting arguments, including legal pleadings, factual witness statements, expert accounting evidence and documentary evidence. We instructed a QC to provide an opinion on the legal matters and then applied the QC’s opinion and our accounting opinion to determine the amounts that could be charged to the Joint Venture. This required detailed analysis of large volumes of cost and accounting data and working with complex legal issues.
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As we step into 2025, the fight against fraud in the UK is evolving, with a spotlight on whistle-blower incentivization. Director Ben Boorer highlights critical developments in the UK’s corporate compliance landscape in an article for Consultancy UK.
Nine Secretariat Experts Honored with Lexology Index 2025 Client Choice Award for Expert Witnesses
We are pleased to announce that nine of our experts were awarded the 2025 Lexology Index Client Choice Award for Expert Witnesses.
Secretariat Secures No. 1 Spot on Lexology Index’s Arbitration 2025 Report
We are proud to announce that Secretariat has earned the position of No. 1, top-ranked Consulting Expert Firm in the Lexology Index Arbitration 2025 report. The report features firms and experts who have distinguished themselves as industry leaders based on their independence, sharp testifying skills, clear communications, and meticulous analytical insights.