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Glenn Sheets

Glenn Sheets

Senior Advisor

Detroit
gsheets@stout.com
Office +1.248.432.1247

Glenn Sheets has extensive experience providing a broad range of business and financial advice to lawyers and in-house counsel throughout the dispute process. Many of these matters involve breach of contract, tort actions, disputes related to business transactions, post-merger and acquisition disputes, product liability and warranty / recall claims, trade secrets disputes, restrictive covenant claims, employment and labor disputes, insurance claims, personal economic claims, shareholder disputes, fraud examinations, alter ego assessments, preference and fraudulent transfers.

Glenn has significant experience providing financial and litigation expertise to parties-in-interest involved in distressed and under-performing businesses. He has assisted clients through out-of-court restructurings, bankruptcy proceedings, and profit improvement initiatives, including: viability and feasibility studies, cash flow management, creditor negotiations, debt restructuring, mergers and acquisitions, divestitures, and liquidations.

Glenn’s experience encompasses a wide array of industry sectors including manufacturing, retail, sales and distribution, wholesalers, transportation and logistics, insurance companies and agencies, information technology, medical devices and products, chemicals, commodities, real estate and hospitality, professional service companies, not-for-profit organizations, and a variety of service firms. Glenn has significant experience within the automotive sector, including OEMs, automotive suppliers, commodities, service providers, automobile dealers, and after-market sales and services.

Glenn has testified as an expert in various state and federal court proceedings, including the U.S. Bankruptcy Court, CCAA proceedings, arbitrations, mediations, depositions, and International Arbitration hearings. Glenn has lectured and presented continuing education seminars on a variety of subjects related to financial, economic, accounting, and business issues present in the resolution of disputes. He was the Chairman of the Litigation / Business Valuation section of the Michigan Association of Certified Public Accountants.

Select Publications

  • NYBSA’s Corporate Counsel March 2015

    Assessing the Financial Impact of the Misappropriation of Trade Secrets

  • Member Publications, WorldServicesGroup.com

    Putting a Caliper on Automotive Disputes – Assessing Economic Damages in a Troubled Industry

  • Litigation Section of the State Bar of Michigan’s ‘The Litigation Newsletter’

    Time Value of Money and the Economic Timeline

  • Litigation Section of the State Bar of Michigan’s ‘The Litigation Newsletter’

    Professional Designations and Appropriate Methodologies: Items to Consider When Naming an Economic Expert

  • MACPA ‘The Leaders’ Edge' September 1999

    Kumho Tire Clarifies ‘Gatekeeping’ Role

  • Litigation Section of the State Bar of Michigan’s ‘The Litigation Newsletter' June 1999

    Understanding Incremental Costs and How They Affect the Measurement of Lost Profits

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Select Presentations and Speeches

  • New York State Bar Association’s Labor and Employment Fall Conference September 2014

    Claims, Defenses, Damages and More: A Comprehensive Overview of Restrictive Covenants in a Changing World

  • Beverly Hills Bar Association July 2014

    Commercial Damages: Execution in an Era of Challenges to Admissibility of Expert Opinions

  • The National Law Journal April 2014

    Leveraging Expert Testimony for Big Wins: Strategies for a Changing Legal Landscape

  • 11th Annual International Centre for Dispute Resolution’s Miami International Arbitration Conference

    Managing Difficult Evidence Problems in International Arbitration: The ICDR Guidelines for Arbitrators Concerning the Exchange of Information

  • Michigan Association of Certified Public Accountants (MACPA) Litigation and Business Valuation Conference June 2011

    Use of Interest in Litigation Damages

  • AIRA Annual Conference June 2009

    The Automotive Industry: What A Long, Strange Trip It’s Been

  • Association for Corporate Counsel and Financial Executives International April 2009

    Corporate Fraud in the Current Economic Climate

  • OESA Chicago Regional Meeting – Financial, Legal and Market Strategies for Suppliers February 2009

    Adequate Assurance in the Automotive Supply Chain

  • TRW Automotive Law Conference

    Supply Risk Management: The Changing Environment and Early Warning Signs

  • Strategies and Solutions for Protecting Proprietary Information Conference

    Economic Damage Considerations in the Theft of Trade Secrets

  • MACPA/ICLE: Litigation Mock Trial

    Mock Trial: Using Valuation Experts in Litigation

  • Cleveland Bar Association

    Utilizing Business Income Tax Returns in Litigation

  • Risk Management Association- Michigan Chapter; Spring Conference

    Measurement of Economic Damages

  • Michigan Association of Certified Public Accountants; Annual Litigation and Business Valuation Conference

    Research on the Internet

  • Macomb County Bar Association

    Tax Traps for Litigators

  • Dinsmore & Shohl LLP; Litigation CLE Conference

    Measurement of Economic Damages

  • Michigan Association of Certified Public Accountants; Annual Litigation and Business Valuation Conference

    Rules of Evidence and Civil Procedure

  • Michigan Bar Association- Litigation Section; Annual Summer Conference

    Consulting a Financial Expert Early in the Dispute Process

  • Michigan Association of Certified Public Accountants; Annual Litigation and Business Valuation Conference

    Mock Trial Panel Presentation

  • Michigan Bar Association- Litigation Section; Annual Summer Conference

    Alter Ego- Piercing the Corporate Veil

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Practice Areas

Focus Industries

Education

  • B.A., University of California at Santa Barbara

Licenses & Designations

  • Certified Public Accountant (CPA)

    Certified in Financial Forensics (CFF)

    Certified Insolvency and Restructuring Advisor (CIRA)

    Charter Global Management Accountant (CGMA)

Professional Memberships

  • American Institute of Certified Public Accountants

    Michigan Association of Certified Public Accountants

    New York State Society of Certified Public Accountants

    Association of Insolvency and Restructuring Advisors

    Association of Certified Fraud Examiners