SOURCE: Marks Paneth LLP

Marks Paneth LLP

November 13, 2014 10:29 ET

Consulting Firm Specializing in International Trade Litigation Joins Marks Paneth LLP

ITR LLC Becomes Part of Marks Paneth's Litigation Group and Extends Firm's Footprint to Washington, DC

NEW YORK, NY and WASHINGTON, DC--(Marketwired - Nov 13, 2014) - ITR LLC (FY14 net revenue of $5 million), a Washington, DC-based firm that provides litigation support to attorneys and their clients in international trade remedies and dispute proceedings, has joined Marks Paneth LLP (FY14 net revenue of $100 million), a New York City- based accounting firm, the 33rd largest in the US.

ITR and its 12 staff including partners and principals are now part of the Litigation and Corporate Financial Advisory Services Group at Marks Paneth, effective October 1, 2014.

"ITR has a global reputation and sought-after expertise in World Trade Organization dispute resolution, as well as anti-dumping and subsidy proceedings. This experience combined with ITR's overall data-mining, big-data analysis and other forensic capabilities will expand the services offered to our litigation clients. It's a powerful combination," said Steven Henning, Ph.D., CPA, Partner-in-Charge of Marks Paneth's Litigation and Corporate Financial Advisory Group.

Said John Miller, founding partner of ITR, "ITR broadens the reach of Marks Paneth's litigation advisory services, and Marks Paneth, in turn, increases the depth of economic analysis we can offer our clients. We are very excited about the increased opportunities all around."

"The joining of our two firms advances Marks Paneth's strategy of pursuing acquisitions that enhance the thought capital and expertise we bring to bear for clients," said Mark Levenfus, CPA, Managing Partner at Marks Paneth.

Added Harry Moehringer, CPA, Managing Partner at Marks Paneth, "We are delighted that ITR will be joining Marks Paneth. Not only do we welcome ITR's specialized skills and knowledge, but we are also happy to be expanding our presence to the nation's capital."

For more information, please contact Katarina Wenk-Bodenmiller of Sommerfield Communications, Inc. at (212) 255-8386 or katarina@sommerfield.com.

About Marks Paneth LLP
Marks Paneth LLP is an accounting firm with over 500 people, of whom 65 are partners and principals. The firm provides public and private businesses with a full range of auditing, accounting, tax, consulting, bankruptcy and restructuring services as well as litigation and corporate financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high-net-worth individuals and their families, as well as a wide range of services for international, real estate, media, entertainment, nonprofit, professional and financial services, and energy clients. The firm has a strong track record supporting emerging growth companies, entrepreneurs, business owners and investors as they navigate the business life cycle.

The firm's subsidiary, Tailored Technologies, LLC, provides information technology consulting services. In addition, its membership in Morison International, a leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world. Marks Paneth, whose origins date back to 1907, is the 33rd largest accounting firm in the nation and the 10th largest in the mid-Atlantic region. In addition, readers of the New York Law Journal rank Marks Paneth as one of the area's top three forensic accounting firms for the fifth year in a row.

Its headquarters are in Manhattan. Additional offices are in Washington, DC, Westchester, Long Island and the Cayman Islands. For more information, please visit www.markspaneth.com.

About ITR LLC
ITR LLC is a leading provider of litigation support in trade remedies proceedings conducted by the US Department of Commerce, the International Trade Commission and comparable national agencies including the Commission for the European Union, the Mexican Secretaria de Economia and the Egyptian Ministry of Trade and Industry. With 30 years experience in over 200 proceedings in more than 30 countries, ITR's professionals have considerable experience with domestic and foreign business practices and accounting principles related to trade regulation, customs disputes, export controls and forensic accounting.

The firm has provided expert analysis and technical skills to assist clients as disparate as the European Commission, the Ministry of Commerce for the People's Republic of China and the Departamenta de Defesa Comercial in Brazil. ITR has assisted in multiple disputes before the World Trade Organization (WTO). The firm has also developed a web-based export compliance system, ExportWeb, which was designed to help US exporters comply with export regulations and licensing requirements enforced by US government agencies. For more information about ITR, please visit www.itr-llc.com.

Contact Information