Greg Eastman analyzes complex economic and accounting issues related to tax, mergers, securities and financial products, and healthcare. He has extensive trial and arbitration expertise and directs large teams supporting multiple experts. As a testifying expert, Dr. Eastman has addressed profitability, cost efficiencies, class certification, valuation and damages, and unjust enrichment issues. He has provided testimony before the Commodity Futures Trading Commission, the Department of Justice (DOJ), and the Federal Bureau of Investigation. Dr. Eastman has more than twenty years of experience consulting in a range of industries, including electric utilities, energy, financial institutions, insurance, medical services, nuclear utilities, oil, private equity, and transportation.
Tax controversy
In his tax controversy work, Dr. Eastman has analyzed the economic substance and business purpose of transactions. He has reviewed structured transactions, assessed a multinational company’s debt capacity, analyzed guarantee fee payments, and evaluated the risk management functions of a multinational financial institution. In addition, he has worked on cases involving transfer pricing, the relative value of software components, and the manufacturing and Food and Drug Administration approval processes for medical devices.
Dr. Eastman’s tax accounting work has covered stock option awards, uncertain tax benefits, deferred tax assets, and net operating loss carryforwards. He supported experts on tax accounting and poison pill issues in the Selectica, Inc. v. Versata Enterprises, Inc., and Trilogy, Inc. trial in the Delaware Court of Chancery.
Merger efficiencies and failing firm analysis
Dr. Eastman has been retained as a testifying expert to assess merger-specificity and verifiability of claimed efficiencies in multiple industries. He helped to estimate the profitability of the individual commercial health insurance business in the Aetna–Humana merger. Dr. Eastman has also been retained to perform profitability analyses and to assess whether firms are failing and their assets are likely to exit the relevant market. He was the DOJ’s testifying expert in United States v. EnergySolutions Inc. et al.
