For business litigation · Plaintiff and defense

Every recipient the business paid

Give it the company’s statements and the period in dispute. CounselPro reads every payment out, works out who was on the other side of each one, ranks the recipients by what they were paid, and marks the ones the rest of the case names nowhere else.

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Counterparty roster · money outDraycott Industrial Supply · 979 payments
Every recipient the operating account paid over the twenty-four months in dispute, ranked by amount, with the two the case knows only from these payments marked.
RecipientPaid
Draycott Payroll ····4198Own account · 24 transfers$1,420,000
Halbrook Logistics LLC9 wires · each naming ····2245$842,000
Wexley Freight Co7 wires · each naming ····2245$624,000
Ridgeway Steel & TubeSupplier · 68 payments$612,400
Calumet Packaging CoSupplier · 41 payments$407,900
Company card ····7734Own account · 24 transfers$384,000
114 other suppliers806 payments · each under $120,000$589,700
Money out of ····4180, 24 months$4,880,000

Two payees, one account number. Halbrook Logistics and Wexley Freight are paid by wire, every wire names ····2245, and the case knows each payee only from those wires (····4180.pdf, p. 214).

The questions

What a commercial dispute turns on

Five questions come up on both sides of a commercial dispute. Each is answered on the records, and each answer keeps its page.

01

Where did the money leaving the business go?

Every payment out traced to whoever received it, hop by hop, with the account each transfer names.

Flow of funds
02

Which recipients appear nowhere else in the case?

Payees resolved across every account in the production, with the unusual ones marked for a second look.

Related parties in the report
03

Did the other side produce every account-month?

A grid of account by month showing the cycles you were given and the periods still outstanding.

Statement coverage
04

Do the account totals match what the bank printed?

Every cycle balanced to its own printed opening and closing totals, and read again against the page image until it matches.

Self-healing reconciliation
05

How do you read 30,000 pages of bank statements?

Bank, card and check statements from virtually any U.S. institution, split into cycles and turned into rows with dates, amounts and counterparties.

Statement extraction

Money out of the operating account, hop by hop

Flow of funds

Every branch is built from transfers with a date, an amount and a counterparty read off the statement. Where a transfer names the account it landed in, the diagram carries the money one hop further, which is how two payees turn out to share a receiving account.

Money out of operating ····4180, by recipient$4,880,000 across 24 months

  • Out of operating ····4180

    • Payroll ····4198from Operating ····4180$1,420,000
    • Card ····7734from Operating ····4180$384,000
    • Halbrook Logisticsfrom Operating ····4180$842,000
    • Wexley Freightfrom Operating ····4180$624,000
    • Trade suppliersfrom Operating ····4180$1,610,000

  • The next hop

    • Wages and taxesfrom Payroll ····4198$1,420,000
    • Card purchasesfrom Card ····7734$384,000
    • Account ····2245from Halbrook Logistics$842,000
    • Account ····2245from Wexley Freight$624,000

Green follows money into an account the production covers, or into trade the accounts have paid for years. Amber is a recipient the case knows only from the payments that name it, and the account those payments name.

Two payees share one account

Halbrook Logistics and Wexley Freight are paid $1,466,000 across sixteen wires, and every wire names ····2245 (····4180, p. 214).

$1,804,000 goes to wages and card spend

The payroll account and the company card pass on everything the operating account sends them, and both ends of the chain sit in the production (····4198, p. 9).

Every branch opens to a page

Click a transfer and its statement opens at the page the bank printed it on, so the diagram is a set of rows rather than a picture (····4180, p. 61).

When the far end of a trace like this is a marital estate rather than a business, the same reading is drawn on the high net worth divorce page.

The report for a business dispute

Five of its twelve sections are written for a commercial matter

Pick business dispute, name the parties and the period, and the report writes the sections a commercial matter needs, each finding cited to its page. Related parties, what left the business and the sequence around the key dates are written up here.

The intake

Matter typeThe partiesDisputed periodKey dates

The sections a commercial matter leans on

  1. 03Transaction analysisBehaviour in the accounts around the dates in dispute.
  2. 05Related party transactionsMoney moving to and from connected people and entities.
  3. 07Asset tracingAssets bought, moved or dissipated out of the business.
  4. 08Transfer pattern analysisSystematic movement of funds out of the accounts.
  5. 11Forensic timelineThe sequence of payments around the dates in dispute.
See the forensic report
Forensic accounting report · prepared for counselp. 44 of 71

Draycott Industrial Supply LLC · business dispute

5. Related party transaction analysis

Over the twenty-four months in dispute the operating account paid $1,466,000.00 across sixteen wires to two payees, Halbrook Logistics LLC and Wexley Freight Co. Each of the sixteen wires names the same receiving account, ····2245. Four years of records name both payees only in these wires.

Four of the sixteen wires

The wires section 5 rests on
DateToAmount
14 Apr 2023Halbrook Logistics ····2245$96,000.00
9 Nov 2023Wexley Freight ····2245$84,000.00
28 Jun 2024Halbrook Logistics ····2245$124,000.00
17 Jan 2025Wexley Freight ····2245$108,000.00

Two payees, one receiving account. Sixteen wires to two payees name the same account, and the records name each payee only in those wires (····4180.pdf, p. 214).

Payments to suppliers over the same period total $1,610,000.00 across 915 payments to 116 recipients. Each of the twelve largest is named in the accounts before the period in dispute begins.

8. Transfer pattern analysis

The sixteen wires run at roughly one a quarter, at amounts between $84,000.00 and $124,000.00. Each clears within four business days of a customer deposit of a similar size into the operating account.

The earliest payment to either payee is the wire of 14 April 2023, three weeks after the supply agreement at issue was signed. The largest, $124,000.00 on 28 June 2024, is the largest payment out of the operating account in its month.

12. Conclusion and recommendations

The wires set out in sections 5 and 8 are listed with the statement page each was read from, so counsel can put them to the officers who authorised them.

Recommended next steps. Subpoena the records of the receiving account ····2245, including its opening documents, which would show who holds the account both payees are paid into.

Request the invoices and bills of lading behind the sixteen wires, $1,466,000.00 in all, so each payment can be set against a shipment the company received.

Set the customer deposit that precedes each wire against the receivables ledger for the same quarter. The operating account shows each deposit and the page it prints on.

The coverage summary lists every monthly cycle of the operating account ····4180 held in the production, so the twenty-four months in dispute can be read against the statements behind them.

Both sides

Plaintiff or defense counsel

The same reading works from either chair. Counsel bringing the claim runs it to find what left the business and who received it, and defense counsel runs it first, so every payment has an answer before the deposition.

Counsel bringing the claim

What left the businessEvery payment out of the company accounts, traced to whoever received it.
Who the payees areA recipient paid out of three accounts reads as one name with one total.
Recipients named only hereA payee the rest of the production names nowhere else is marked for a second look.
The run-up to the key datesPayments laid against the dates you give it, so the sequence reads in order.
How recipients are resolved

Defense counsel

An answer for every paymentThe payment history behind each recipient, so a supplier paid for six years reads as one.
Before the depositionThe same roster the other side will build, out of the same statements, first.
What the production holdsThe account-months you were given and the periods still outstanding, named month by month.
Figures you can stand behindEvery cycle balanced to its printed opening and closing totals, and every row linked to its page.
How every cycle is balanced

One dispute, read end to end

An illustrative supply contract case, from the production to the deposition

Nine accounts across an operating company, a second entity and the company cards, two years of statements, and a period in dispute to read them against. Every month balanced to what the bank printed.

979

Payments out of the operating account in the period in dispute

120

Recipients resolved from the transfer descriptions, two of them named nowhere else

$1,466,000

Paid to the two payees whose wires name the same receiving account

The upshot

A roster either side can work from, with the recipient resolved on every row and the statement page behind every figure.

Business litigation analysis questions, answered

What business litigators ask first

Can CounselPro trace money out of a company in a lawsuit?
Yes. Give it the company’s statements and the period in dispute, and it reads every payment out, resolves who received each one, and lays the flow out hop by hop. Payees are resolved across every account, so a recipient paid out of three accounts reads as one name with one total, and every row keeps the statement page it was read from.
How do you find out if a vendor is a related party?
CounselPro reads the payments. It resolves the recipient behind each transfer, rolls the payments up by recipient, and marks a payee the rest of the case names nowhere else. Where two payees are paid by wires that name the same account number, it says so and shows you the wires. Who owns the vendor is your call to make; the related party section of the forensic report sets out the payments the question rests on.
What can you show about payments before a buyout or a firing?
The forensic timeline section puts the payments in order against the dates you give it, so the run-up to a key date reads as a sequence rather than as a stack of PDFs. Every figure is computed and its inputs printed alongside it, and every row opens to the statement page the bank printed it on.
What happens when the production is missing months?
Coverage is stated account by account and month by month, so you walk into the deposition knowing which cycles you were given and which periods are still outstanding. A figure the records cannot support is left open and flagged for you, with the page beside it.

Send the company statements

Send the production the way it arrived, and name the period in dispute.

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Bank, card and check statements