James Edmonstone

Jim Edmonstone is a Strategic Partner with GFAS.  He has directed financial, insurance, and audit organizations in Fortune 50 Corporations, and has worked with closely held companies, nonprofits, and governmental entities.

He has settled numerous complex federal, state, and local tax matters; identified and recovered funds resulting from diversions of client assets including the theft of tangible and intellectual property, and has valued and negotiated settlements with distressed insurers and reinsurers.  He has negotiated settlements between parties in pre-trial disputes and numerous construction claims.  Jim also has assisted governments with debt compliance matters.

Jim’s industry experience includes Heavy Industrial Construction; Commercial Construction; Nuclear, Fossil, and Alternative Energy Power Generation; Power Transmission; Public Utility; Public Utility Holding Company; Pulp & Paper; Petrochemical; Property & Casualty Insurance; Health Care; M&A, and Multi-National Retailers. He has worked with corporations such as Ahold, Bechtel, Budget, Danaher, Emerson, Exxon, Fluor, H&R Block, Huffy, Kimberly-Clark, Miracle-Ear, Monsanto, NextEra Energy, Quaker, Sears, Shell, South Carolina Electric and Gas, Target, and Walgreens.

For Colonial Penn Insurance Jim was responsible for the run-off of its commercial insurance lines.  For Sears, in a well-publicized case, he identified Sears’ manufacturing production lines being used to create a competing line for a direct competitor, and directed the multi-year effort to recover the assets and damages.