Bill Abington has over 25 years of experience providing accounting and complex financial analysis, forensic investigations, and advisory services. He leads the firm’s dispute and forensic services in the energy sector and has worked on domestic and international litigation and arbitration matters for privately held companies as well as some of the largest companies in the world. He has performed forensic investigations for internally identified company matters, and in response to inquiries made by governmental oversight and regulatory organisations.
The focus of Mr Abington’s work is in the energy industry, including oil, gas and electricity. He has worked with small and large businesses, including family owned and some of the largest companies in the world on matters dealing with public disputes as well as confidential internal evaluations. He has experience in taking complex issues, working with stakeholders in developing practical solutions, and presenting findings in an easily understood manner.
Mr Abington has led projects involving civil and criminal matters, and has traced transactions through voluminous accounting records and has identified accounting irregularities and misappropriation of funds. He has led lost profit analyses, purchase price calculations and true-ups, business interruption claims, causation analyses, and valuation of businesses and business units. He has performed solvency analyses for companies in bankruptcy, and has reviewed financial statements for compliance with accounting principles.
Mr Abington has testified in federal courts and in state courts around the United States, including US bankruptcy courts. He has also testified in multiple arbitrations, and has served as an arbitrator. Mr Abington has presented analysis findings to company boards and management, the Securities and Exchange Commission, the Department of Justice, the Department of Interior, the Commodities Futures Trade Commission, the Mineral Management Service, State Auditors and Indian tribunals. He has also served as trustee over a bankrupt company with a nuclear waste site, where he coordinated activities with the Nuclear Regulatory Commission and other governmental agencies.
Mr Abington is a certified public accountant; certified in financial forensics; a certified fraud examiner; and an honors graduate of Texas State University. He is a member of the American Institute of Certified Public Accountants, the Association of Certified Fraud Examiners, and the American Bar Association’s section of natural resources, energy and environmental law; he is also active in various civic organisations.
Mr Abington has spoken many times on the subjects of accounting, financial damages, and fraud to audiences of accountants, financial analysts, lawyers, and other professionals.
Prior to joining Alvarez & Marsal in June 2003, Mr Abington was a partner with PricewaterhouseCoopers, where he led the firm’s financial advisory practice in the energy sector, concentrating on accounting and financial matters in complex disputes.
WWL says: William Abington has more than 25 years of experience providing exceptional dispute analysis, financial investigations and audit services, and is recommended for his “professional and clear advice”.
This biography is an extract from Who's Who Legal: Arbitration which can be purchased from our Shop.