Energy and Commodities Cornerstone Research combines
energy and commodities experience with expertise in antitrust, valuation, securities,
class certification, and intellectual property litigation. We apply financial
and economic analysis to issues that arise in the changing energy and
commodities markets, including those related to allegations of market
manipulation and price fixing, breach of contract, merger reviews, trading
disputes, asset valuation, and environmental impact.
Cornerstone Research has been involved in
many high-profile energy and commodity market manipulation investigations. The
combined experience of our staff and experts in energy markets, antitrust, and
finance brings a multidisciplinary approach to the evaluation of market
manipulation allegations.
Cornerstone Research has analyzed the Federal
Energy Regulatory Commission’s (FERC’s) data on U.S. natural gas transaction
activity as supplemented by our proprietary classifications of market
participants.
We have worked on litigation involving a wide
range of agricultural commodities, including dairy, grains, tobacco,
high-fructose corn syrup, and meatpacking. In these matters, we have analyzed
antitrust issues, market manipulation, breach of contract claims, and mergers.
Environmental
Impact
Analysis of economic issues and expert
testimony on punitive damages form the basis of our work on environmental
impact cases. These include litigation involving groundwater contamination,
seafood poaching, and product liability.
Antitrust
Our consultants have analyzed the effects of
mergers, price-fixing allegations, and other potentially anticompetitive
behavior in the energy industry. Such analysis typically requires applying the
sophisticated techniques common in antitrust cases.
Accounting
Cornerstone Research has worked on liability
and damages issues in high-profile accounting cases in the energy industry. We
address cases with a combination of economic analysis, understanding of
industry dynamics, and knowledge of accounting principles.
Finance and
Valuation
Building on extensive experience in financial
valuation, Cornerstone Research utilizes the financial asset attributes of
commodities to develop valuation techniques for energy commodities, assets,
liabilities, and risks, and to determine the implications of energy market
dynamics for the valuation of firms participating in the industry.
Contract
Disputes
We have applied industry expertise to
numerous contract disputes involving energy and commodities. The issues
involved in these matters include contract pricing provisions, regulatory
impact, insurance coverage, and valuation of derivative contracts.
