R. Todd Neilson is one of the foremost experts in bankruptcy and forensic accounting in the United States, with over thirty-five years of combined experience in public accounting and as a special agent with the Federal Bureau of Investigation.
He was previously a director with LECG LLC and a founding partner of Neilson Elggren LLP (formerly Neilson, Elggren, Durkin & Co.).
In 1986, he was a founding partner of Neilson, Elggren, Durkin & Co., which was acquired by an international financial consulting firm in March 1998, where Mr. Neilson was a partner from March 1998 to September 2000. Prior to 1986, he was a manager in the Litigation/Consulting Services department of an international CPA firm for four years and also served as a special agent in the FBI, specializing in accounting investigation of white-collar and organized crime. He offers a unique set of skills in the areas of financial consulting and as an expert in the field of forensic accounting and fraud litigation.
Mr. Neilson is a seasoned professional, having acted as a trustee, financial consultant, and expert witness in numerous high-profile accounting related litigation engagements involving complex bankruptcy reorganization matters, including accounting and fraud issues, tracing of funds, financial data reconstruction, damages and lost profits, Ponzi and RICO matters, valuation, and business viability issues. Mr. Neilson has acted as bankruptcy trustee for notable clients such as Mike Tyson, Suge Knight, and Death Row Records. As trustee, he has also operated and negotiated the sale of a large and diverse array of assets, including one of the largest Ford dealerships in the nation, an ownership interest in both the Los Angeles Kings and Nashville Predators hockey franchises, luxury hotels, sand and rock quarries, antique art collections, real estate, and trucking companies. Having evaluated and sold well over $1 billion of assets, Mr. Neilson brings substantial credibility to the court—credibility borne of practical, not just theoretical, experience.
Mr. Neilson is a nationally recognized expert in bankruptcy and accounting, having served on the national Board of Directors of the Association of Insolvency and Restructuring Advisors, as chairman of the Securities Advisory Board in the State of Utah, as faculty for the Certified Fraud Examiners, and as a member of the Society of the Former Special Agents of the Federal Bureau of Investigation. He has spoken on bankruptcy, litigation support, valuation, and fraud-related topics to professional groups such as the American Institute of Certified Public Accountants (AICPA), National Conference of Bankruptcy Judges, California and Utah Society of CPAs, and numerous colleges and universities throughout the United States.
Mr. Neilson formerly served as an associate professor in the Graduate School of Accounting at the University of Utah, where he taught courses on forensic accounting. He has also provided regular instruction on accounting and fraud-related litigation issues at the FBI Academy to CPA/FBI agents and to postal inspectors at the US Postal Service national training center. He was a coauthor of the AICPA Bankruptcy Practice Guide, issued as a practice aid to all CPAs in the United States, and of The CPA’s Handbook of Fraud and Commercial Crime Prevention, also issued by the AICPA. He was also inducted as a fellow in the prestigious American College of Bankruptcy, one of only a handful of CPAs in the United States given that honor.
University of Utah Graduate School of Accounting
Areas of Expertise
University of Utah