Selected Expert Witness Testimony and Reports

 

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CMRA's seasoned experts leverage decades of direct experience in the capital markets, sterling academic credentials, and the demonstrated ability to navigate successfully the challenges of cross examination and direct testimony to offer expert reports and court testimony, on assessments of both liability and damages. Some of our representative expert witness engagements include:

  • Assisted over 15 clients in the negotiation of derivatives-related bankruptcy claims with the Lehman estate.

  • Served as expert in litigation involving a $20 billion portfolio of Agency CMOs funded through repo, with $1bn in dispute.

  • Provided pivotal expert reports and testimony in Judge's $600 MM+ ruling in Barclays/Devonshire litigation

  • Served as an expert in a $300mm dispute between a hedge fund and bank regarding the valuation of a TRS on a portfolio of loans and bond, as well as additional hedging derivative transactions.

  • Provided expert testimony on the complex commodity derivatives involved in Sumitomo's trading scandal on behalf of a large bank.

  • Provided expert consulting in a $600mm+ CVA/FVA dispute

  • Advised in litigation concerning margin calls and liquidation of exchange traded commodity futures and options

  • Provided expert advice on appropriate risk disclosure related to a variable annuity meltdown

  • Provided an expert report and testimony in a London-based arbitration regarding interpretation of ISDA documents in the Russian debt crisis

  • Served as expert in $1.5B dispute regarding definition of "bankruptcy" and "limited 2 way payment" litigation

  • Advised on valuation in event of default on municipal swap

  • Served as expert on liquidation of 40K OTC derivatives in a 1998 bankruptcy

  • Served as expert in SEC enforcement action based on lack of purported diversification in a fund of fund

  • Provided expert testimony for a large European bank in an arbitration regarding the valuation and profitability of an unusually long-term exotic option

  • Provided an expert report and testimony in a Federal Tax Court regarding a complex derivatives structure

  • Analyzed a complex CLO and provided an expert report in a dealer/investor dispute

  • Served as an expert in multiple TRS litigations, addressing restructuring, damages, collateral calls, and TRS events of default on a bespoke portfolio of loans

  • Served as expert in a monoline CDS litigation

  • Provided expert testimony and analysis in a Federal Court trial regarding FX options

  • Provided valuation and market practice expert report and testimony in Askin/Granite Funds meltdown

  • Served as expert in exotic fx derivatives $1B+ litigation

  • Advised on valuation of ABS/MBS portfolio that was liquidated

  • Provided expert reports, court testimony, and trial preparation services on both liability and damages by seasoned experts with many years of market background as well as academic credentials and testifying experience.

 
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