 In July 2010, LECG completed its first transaction since completing the merger with SMART, when it acquired Bourne, a UK Tax consultancy.Continued losses, weak demand, high administration costs, and consultant departures, resulted in the forced liquidation of the merged entity in order to satisfy interest and principal obligations due March 31, 2011.On April 5, 2011, Steve Samek announced his resignation along with that of CFO Warren D. Barratt.