StoneTurn, a leading global advisory firm, assisted client BMC Software Inc. (outside counsel: Bracewell LLP) in obtaining a $1.6 billion judgment for breach of contract and fraud in the Southern District of Texas.
Alan Ratliff (CPA, MTA, JD), Partner in StoneTurn’s Houston office, testified in federal court on behalf of BMC Software Inc. As part of this engagement, Alan led a team of professionals, including StoneTurn Manager Annie Cooper (CPA), in developing the damages model that the Court adopted in awarding $717 million in lost license fee damages, and which the court doubled with punitive damages based on the defendant’s fraud. The Court also awarded $168 million in pre-judgment interest.
The final judgement can be accessed via the Southern District of Texas.
StoneTurn’s experts regularly work with clients and their counsel to analyze and explain complex concepts, prepare detailed analyses, and develop clear and concise findings, which are presented in reports and through testimony at depositions, trials and before other triers of fact. The firm’s experts bring decades of experience in business disputes, working to address the complex financial, accounting and economic-related issues in legal matters ranging from intellectual property disputes to international arbitration. StoneTurn provides consulting and expert witness services for disputes in federal, state, administrative and private tribunal proceedings.