We were hired by a lender to help them defend against a fraudulent conveyance case. The debtor claimed that when they granted a lien on assets of a subsidiary for the loan of a parent, that the lien was a fraudulent conveyance. These entities operated as one entity, so we assisted in establishing that the subsidiary was an alter ego of the parent, only set up to obtain favorable tax treatment from the state of Arkansas. In addition, we used asset tracing techniques to show the flow of funds that were either transferred to the subsidiary or used to benefit the subsidiary. After our reports were issued, the case settled and our client received the benefits of proceeds from the sale of assets of the subsidiary.