Litigation Regulation and Arbitration Expert Advisory Practice (LREA)
The RiskEcon® Litigation, Regulation and Arbitration expert practice provides advisory services including internal investigations, expert analysis and reports, as well as deposition and testimony on loss causation, industry customs and practices, generally accepted market conventions, economic damages related to market structure, financial institutions governance, and complex issues related to finance, economics and market standards and practices within securities, derivatives, reinsurance, and commodities markets, in addition to market structure within a broad range of non-financial industry sectors.
Areas of expertise include financial engineering, the valuation of fixed income securities and structured products, including over-the-counter derivatives (in particular fixed income and credit derivatives), complex insurance and reinsurance liabilities, as well as asset liability and risk management models and practices.
As lead for the litigation, regulatory and arbitration advisory practice, Dr. David Mordecai has advised and provided technical oversight for internal regulatory investigations, as well as stress-testing for global financial institutions. Having testified extensively at deposition, trial, arbitration and international arbitration, he has been admitted as an expert in federal, state and county courts, and cited favorably in court decisions.
Dr. Mordecai advised the Uniform Credit Committee in the bankruptcy resolution of Lehman Brothers, and provided technical oversight for the valuation team, assigned to validate the fair market value of the exotic structured notes portfolio with a notional value in excess of 15 billion dollars. He has testified in Federal Claims Court regarding market evidence and commercial reasonability surrounding the Government rescue of AIG, and advised on a merger-related intellectual property dispute involving Samsung and Microsoft.