Biography
Derek Patterson is a Partner at FRA’s London Office and leads FRA’s UK and EMEA Disputes team.
Derek has been recognized in Who’s Who Legal Investigations, Consulting Experts, Thought Leaders and Global Elite. Sources describe him as a “highly sought after forensic expert” among peers, with “standout experience advising clients on large and complex fraud and bribery investigations”. He is recommended for his “excellent analysis and superb delivery of expert witness testimony” and “quick grasp of a business’s issues”.
Derek brings over 25 years of experience earned across commercial and consulting roles. He draws on his combined experience to understand the requirements of clients and their counsel to provide pragmatic and clear advice. Prior to joining FRA he worked in a variety of finance roles in international aviation and automotive businesses. At FRA, he has deepened his experience supporting forensic accounting, financial investigations, litigation and international arbitration matters across a wide range of sectors often with a cross-border element.
Derek’s engagements regularly include the interpretation of complex financial accounting and reporting records, financial analyses, and the identification and quantification of red flags and issues. Examples include:
- Expert witness for a co-defendant in Austrian Commercial Court shareholder litigation claims. Investigated and quantified a complex €2Bn securities and real-estate fraud and provided witness of fact testimony in Court and was subject to cross-examination by the claimants and the hostile co-defendant.
- Expert witness in an ICSID arbitration. Produced an expert report on behalf of the defendant interpreting claimant financial records, corporate transactions and red flags in a contractual dispute and related fraud claim between Uzbekistan and various Turkish companies.
- Expert witness in an ICC arbitration. Produced an expert report for the defendant involving the review of corporate financial records, transactions, financial accounts and related corruption regulatory settlements in order to identify red flags of fraud and corruption.
- Leading the post-acquisition investigation of a Swiss marketing business for a global media group, identifying accounting fraud and kickbacks which supported a post-M&A dispute with the vendor.
- Quantified and presented disgorgement and gain analyses arising from Telia Company operations in Uzbekistan to the US DOJ, SEC, the Netherlands Openbaar Ministerie, and the Swedish Public Prosecutor. Telia Company reached a financial settlement with all authorities totaling $965million.
Prior to joining FRA Derek held roles at easyJet plc, “go fly” and Ford Motor Company. Derek completed his training as an accountant and auditor with PricewaterhouseCoopers and holds a Bachelor of Accountancy degree from the University of Glasgow.