Expert Reports and Testimony

• Investment Bank: Expert report and testimony in litigation in the London Commercial Court between an investment bank and investors regarding the sale of complex structured products (Haider Abdullah vs. Credit Suisse, [2017] EWHC 3016 (Comm)
• Olympus Corporation: Expert report for the Tokyo District Court on the impact of fraud in Olympus Corporation’s financial statements on its share price pre- and post-disclosure.
• Barclays: Expert witness statement relating to the funding of Qatari investment in Barclays filed with UK criminal court in relation to charges against former Barclays executives.
• Trading Firm: Expert report to Chinese authorities on the trading activity and algorithmic software of a proprietary high-frequency trading firm in relation to allegations of market manipulation.
• ICSID/PCA Arbitration: Expert report and testimony in ICSID/PCA arbitration between a state enterprise and a service provider relating to the validity of billing by the supplier.
• Family Trust: Expert reports to Jersey and Guernsey Courts on the projected long-term performance of various asset allocation strategies and monetary distributions in the context of a restructuring of family trusts.
• European Manufacturing Company: Expert advice to legal counsel acting for a major European manufacturing company in defense of securities class action claims.
• Investor Dispute: Expert report to Japanese court on fairness opinion and fair value of shares of minority stake in company taken subject to tender offer by controlling investor.
• Financial Institution Appeal: Analysis of the creditworthiness of a financial institution to assess the recoverability of a settlement in the context of a potential appeal from the London Commercial Court.
• Company Executive Criminal Case: Review of expert report on the materiality of false disclosures by a company in the context of criminal charges against a former executive.

Valuations, Profit and Ability to Pay Analyses

• Gunvor SA: Supported the Switzerland-based commodities trading firm and its external counsel in a complex profit calculation that led to a USD 660m fine and profit forfeiture, agreed with the US DOJ and Swiss Office of the Attorney General.
• Dutch Arbitration / Post M&A Dispute: Valuation of a portfolio of commodity derivatives and physical commodity inventory in the context of a post-M&A dispute in a Dutch arbitration.
• Swiss Bank: Subject matter lead on audit for Swiss regulator of structured lending and regulatory reporting by a Swiss private bank.
• Investment Bank: Preparation and presentation to the US DOJ an analysis of a major investment bank’s profit on a portfolio of structured products in relation to alleged Foreign Corrupt Practices Act (FCPA) violations.
• Engineering Company: Preparation and presentation to the US DOJ an analysis of a multinational engineering company’s ability to pay a penalty in relation to alleged FCPA violations.
• Aerospace Company: Analysis of profit and loss on a multi-billion-dollar portfolio of FX derivatives for a major aerospace company in the context of a global settlement relating to bribery allegations.
• Commercial Dispute: Analysis of trading activity and assessment of quantum relating to cum-ex dividend tax claims in a commercial dispute.
• Financial Institution FCA Investigation: Analysis of trading activity for a financial institution in the context of a UK Financial Conduct Authority investigation into potential market abuse.
• SFO Ability to Pay: Preparation and presentation to the UK Serious Fraud Office (SFO) an analysis of a company’s ability to pay confiscation and a fine in relation to criminal charges under the Bribery Act.
• Company Executive Criminal Case: Review of costs and revenues models for service contracts in the context of criminal charges against a former company executive.
• Financial Institution Insider Trading: Review of trading records, risk reports and call transcripts in the context of an internal investigation by a financial institution into potential insider trading.