George M. Minkovsky, CPA, CFE, CMA, CFM George M. Minkovsky, CPA, CFE, CMA, CFM is a Principal at the Griffing Group. Mr. Minkovsky provides valuation and damages analyses for purposes of commercial litigation, shareholder disputes, estate and gift tax reporting and disputes, employee stock ownership plan compliance, ERISA litigation, and marital dissolution. Mr. Minkovsky has over 25 years of experience in corporate finance and in economic and litigation consulting. He has expertise in the areas of antitrust, auditor malpractice, appraisal, bankruptcy & restructuring, damages from breach of contract, intellectual property, international trade and arbitration, and merger and acquisition disputes. He has performed valuations of companies, divisions, intangible assets and intellectual property, and securities. In M&A matters he has analyzed quality of earnings, merger efficiencies and synergies, net working capital adjustments, and material adverse effects. He has consulted in solvency and ability to pay matters (fraudulent conveyance, solvency assessment, and ability to pay government fines). He has conducted Board-led investigations into allegations of improper revenue recognition, asset misappropriation, accounting for tooling, inventory costing, FCPA matters, accounting irregularities, and financial statement fraud. Mr. Minkovsky has worked across a spectrum of industries including the following: airlines (commercial, private, and medical-evacuation aviation), apparel, automotive, biotechnology, chemical and fertilizer manufacturing, commercial and community banking, computer hardware, consumer goods, e-commerce, education, financial services, food distribution, forest products, gaming casinos, health care and hospital networks, hotels and resorts, insurance, investment banking, infrastructure and basic materials, IT services, law firms, logistics, management consulting, manufacturing, maritime (ocean-faring and Jones Act vessels), mortgage banking, newspapers, office equipment, oil and gas exploration, petrochemical, pharmaceuticals, professional associations and networks of firms, professional sports, publishing, restaurants, real estate development, residential and commercial construction, retail, shipbuilding, software, tobacco and e-cigarettes, transportation and trucking, waste disposal, and wholesale distribution. Prior to joining the Griffing Group, Mr. Minkovsky was a Director in the Litigation and Forensics Practice at Province Firm in Chicago from 2021 to 2023; a Principal in the Finance Practice of Charles River Associates International Inc. in Chicago from 2017 to 2020; and a Senior Consultant in the Finance Practice of National Economic Research Associates, Inc. (“NERA”) in Chicago from 2013 to 2017. Prior to his affiliation with NERA, Mr. Minkovsky was a Director in the Disputes & Investigations Practice of Navigant Consulting, Inc. in Chicago from 2008 to 2013 and a Director with Chicago Partners, LLC in Chicago from 2004 until it was acquired by Navigant in 2008. His professional practice at each of these firms was substantially similar to the activities and services he provides at the Griffing Group. Mr. Minkovsky began his career in corporate finance with Motorola, Inc. (Indirect Procurement Financial Analyst from 1999 to 2001) and The Procter & Gamble Company (Sales Financial Analyst from 1996 to 1997). Mr. Minkovsky is fluent in English, Russian, and Spanish. He has native proficiency in Bulgarian and beginning level in German, Romanian, and Serbian. Kellogg School of Management, Northwestern University Illinois State University American University in Bulgaria Kentucky State Board of Accountancy Association of Certified Fraud Examiners (ACFE) Institute of Certified Management Accountants (IMA) Northwestern University, School of Continuing Studies Northern District of California, San Francisco Division Securities and Exchange Commission v. Mercury Interactive, LLC (f/k/a Mercury Interactive Corporation), Amnon Landan, Sharlene Abrams, Douglas Smith, and Susan Skaer, Civil Action No. 07-2822 (WHA) / 2007 United States of America v. Gregory L. Reyes., No. CR 06-00556 CRB / 2006 Securities and Exchange Commission v. Gregory L. Reyes, et al., Case No. 3:06-cv-04435-CRB (N.D. Cal.) / 2006 District of Columbia Federal Trade Commission v. Tronox Limited, et al., 1:18-cv-01622 (TNM) / 2017. District of Delaware Royal Indemnity Company v. Pepper Hamilton LLP, et. al., Case No. 05-165-JJF / 2007. Northern District of Illinois, Eastern Division MacNeil Automotive Products Limited v. Cannon Automotive Limited f/k/a Cannon Rubber Limited, Automotive Division, C.A. Holdings, plc, and CAH Estates Limited, 1:2008cv00139 / 2009 Southern District of Indiana, Indianapolis Division United States Securities and Exchange Commission v. ITT Educational Services, Inc. et al., Case No. 15-CV-00758 / 2015 Eastern District of Michigan Securities and Exchange Commission v. Delphi Corp., et al., Case No. 06-14891 (E.D. Mich.) / 2008 Eastern District of Missouri, Eastern Division A. O. Smith Corporation, A. O. Smith Enterprises, Ltd. v. Emerson Electric Co., Emerson Appliance Solutions d/b/a White Rodgers, 4:11CV1117 TIA / 2011 District of New Jersey SEC v. Lucent Technologies, Inc., Civ. No. 04-2315 (WHW) (D.N.J. May. 20, 2005) Southern District of New York Tesla Wall Systems, LLC. v. Michael Budd, 14 Civ. 8564 (LLS) / 2014 Wilmington Savings Fund Society, FSB v. Cash America Int’l, Inc., 1:2015cv05027 / 2015 American Media, Inc., Hearst Communications, Inc., Hearst Communications, Inc., and Time Inc., Counterclaim – Plaintiffs v. Anderson News, LLC and Charles Anderson, Jr., Counterclaim – Defendants., 09 Civ. 2227 (PAC) / 2014 In re: Alstom S.A. Securities Litigation., 253 F.R.D. 266 (S.D.N.Y. 2008) / 2005 In Re: American International Group, Inc. Securities Litigation Master File No. 04 Civ. 8141 (JES) (AJP) / 2005 In re: Parmalat Securities Litigation, Master Docket No. 04 MD 1653 (LAK) / 2005 Eastern District of Pennsylvania T&D Power, Inc. v. PPL Electric Utilities Corporation, 5:13-cv-07610 / 2015 District of Puerto Rico United States v. Sea Star Line LLC, et al., 3:11-cr-00511-DRD / 2011 Western District of Wisconsin Authenticom, Inc. v. CDK Global, LLC and The Reynolds and Reynolds Company, Case No. 17-CV-318 / 2017 Eastern District of Wisconsin Joseph White v. Heartland High-Yield Municipal Bond Fund, et al., Case No. 00-C-1388 (E.D. Wis. Apr. 3, 2006) / 2005 District of Delaware In re: EHT US1, Inc. et.al., Debtors, Chapter 11, Case No. 21-10036-CSS / 2021 Southern District of New York In re: Lehman Brothers Holding Inc., et al., Chapter 11, Case No. 08-13555 (JMP) (Jointly Administered); In re: Lehman Brothers Inc., Chapter 11, Case No. 08-01420 (JMP) SIPA (2010) Delphi Corporation v. Appaloosa Management L.P., et. al., In re: Delphi Corporation et. al., Chapter 11, Case No. 05-44481 (RDD) / 2007 Eaton Corporation and Subsidiaries, Petitioners v. Commissioner of Internal Revenue, Respondent, 153 T.C. / 2019 Superior Court of the State of California, County of Los Angeles, Central District Sorrento Therapeutics, Inc., derivatively on behalf of Immunotherapy NantiBody LLC, v. NantCell, Inc., et al., Case No. 19STCV11328 (lead); related case Nos. 19STCV18304 / 2022 American National Trading Corp v. McGladrey & Pullen LLP before the Commodities and Futures Exchange Commission (CFTC) / 2008 Superior Court of the State of California, County of San Francisco State ex rel. Oregon Public Employees Retirement Bd. v. McKesson HBOC, Inc., 2003 WL 23315698, later appealed as Court of Appeal, First District, Division 4, California, Case No. A103055 / 2004 Delaware Court of Chancery Sean Gourley and Kiril Makharinsky v. Quid Inc., a Delaware Corporation, Case No. 2020-0238-JTL / 2021 DM Seller Representative LLC, a Delaware limited liability company v. AdaptHealth, LLC, a Delaware limited liability company, and DM Acquisition Sub LLC, a Delaware limited liability company, Case No. 2021-0131-JTL / 2021 Hexion Specialty Chemicals, Inc., et. al. v. Huntsman Corp., C.A. No. 3841-VCL / 2008 Teachers Retirement System of Louisiana v. Bernard Aidinoff, Maurice Greenberg, Edward Matthews, and Howard Smith, Case No. CA-20106 / 2006. Superior Court of the State of Delaware In Re Bracket Holding Corp. Litigation, Consol. C.A. No. N15C-02-233 WCC CCLD / 2018 Circuit Court of the Ninth Judicial District In and For Orange County, Florida (Orlando) Curatus Trust Company (Mauritius) Limited, as Trustee of the Polo Settlement Trust and the Solleric Settlement Trust v. American Leisure Group, Ltd, et. al., Case No. 2011-CA-001201-O / 2011 Circuit Court of the Ninth Judicial District In and For Miami Dade County (Miami) Banco Espirito Santo Int’l, Ltd., ESB Finance, Ltd., and Banco Espirito Santo S.A. v. BDO Seidman, LLP and BDO International B.V., later appealed as 979 So. 2d 1030 (Fla. Dist. Ct. App. 2008) / 2006 Circuit Court of Cook County Illinois – Law Division Parmalat Capital Finance Limited v. Grant Thornton International, et al., Case No. 13-2245, later appealed in the U.S Court of Appeals for the 7th Circuit as CA-7-13-02245 / 2004 Circuit Court – County of St. Louis Ronald W. Davis v. Engineered Support Systems, Inc., et al. / 2007 Supreme Court of the State of New York – County of New York Ovalia Resorts, Inc. v. HSBC Securities (USA) Inc. and HSBC Bank plc., et. al. / 2007 HSH Nordbank AG v. UBS AG and UBS Securities LLC., 941 N.Y.S.2d 59 (N.Y. App. Div. 2012) / 2006 Supreme Court of the State of New York – County of Manhattan State of New York v. Greenberg, 401720-2005, New York State Supreme Court (Manhattan) / 2005 The Law Court for Washington County at Johnson City, Tennessee A.O. Smith Corporation and American Water Heater Company v. Robertshaw Controls Company d/b/a Invensys Control Americas / 2006 Circuit Court, State of Wisconsin Appleton Papers Inc. v. Andritz BMB AG., later appealed as 806 N.W.2d 637 (2011) / 2008 International Centre for Dispute Resolution, American Arbitration Association Precision Castparts Corp. and PCC Germany Holdings GMBH v. Schulz Holding GMBH & Co. KG, et al., Case No. 01-18-0001-0115 / 2020 Judicial Arbitration and Mediation Services (JAMS) Amnon Landan, Petitioner v. Hewlett Packard Company as Successor to Mercury Interactive, LLC, Respondent, JAMS – San Francisco / 2013 SeverStal N. A. (Seller) and RG Steel (Buyer), JAMS – New York / 2012 Iverson v. Hardinge, JAMS – Chicago / 2008 Credit Committee Revlon, Inc. / 2022 Official Committee of Equity Security Holders Washington Prime Group Inc. / 2021 Victoria Registry Money Max Int. Pty Limited (ACN 152 073 580), as trustee for the Goldie Superannuation Fund, Applicant vs. QBE Insurance Group Limited (ACN 008 485 014), Respondent, Victoria Registry (VID513/2015) / 2017
Principal
708.383.9050
GMinkovsky@TheGriffingGroup.com
LITIGATION SUPPORT EXPERIENCE
United States District Court
United States Bankruptcy Court
United States Tax Court
State of California
State of Delaware
State of Florida
State of Illinois
State of Missouri
State of New York
State of Tennessee
State of Wisconsin
Arbitration
Financial Advisor to Credit and Equity Committees
Federal Court of Australia
BOARD, REGULATORY (SEC AND CFTC), AND WHISTLEBLOWER INVESTIGATIONS