https://www.nera.com/content/nera/en/rss/press-releases2024-03-28T22:14:22.145ZPress ReleasesNERA Expert Listed in Who’s Who Legalnoemail@noemail.orgunknown<p>New York City, New York—NERA Economic Consulting is pleased to announce Director <a href="https://www.nera.com/experts/amanda-pletz.html">Amanda Pletz</a> was recognized as a 2023 Thought Leader–Global Elite by Who’s Who Legal (WWL). Ms. Pletz was also listed as an expert in Corporate Tax and a Consulting Expert in Financial Advisory and Valuation–Corporate Tax.</p> <p>Experts selected for the Thought Leaders–Global Elite list obtained the highest number of nominations from peers, corporate counsel, and other market sources in WWL’s most recent research cycle. The Financial Advisory and Valuation and Corporate Tax experts were chosen because they stand out among their peers for their impressive work in the field, with matters such as transfer pricing, corporate restructuring, and tax planning.</p> <p>Ms. Pletz received endorsements from commentators stating she has “impressive expertise on transfer pricing for financial transactions.”</p> <p>View Ms. Pletz WWL profile <a href="https://www.lexology.com/firms/nera-economic-consulting/amanda_pletz">here</a>.&nbsp;</p> https://www.nera.com/content/nera/en/news-events/press-releases/2024/nera-expert-listed-in-who-s-who-legal2024-01-10T18:01:58.315Z2024-01-10T18:01:58.315ZNERA Expert Listed in Who’s Who Legal: Transport 2024 noemail@noemail.orgunknown<p>New York City, New York—NERA Economic Consulting is pleased to announce Managing Director Daniel Hanson was recognized as a leading expert in transport by Who’s Who Legal (WWL). Who’s Who Legal: Transport Experts 2024 singles out the top transport experts in the market. Each expert was selected for their exceptional expertise as a leading practitioner for their work on regulatory, finance, and contentious matters.</p> <p>Mr. Hanson advises on disputes and competition investigations, cost benefit analysis and economic impact appraisal, and economic regulation. He focuses on transport and infrastructure and has advised clients in many other sectors including financial services, mobile and fixed telecoms, electricity, water, nuclear, and automotive.<br> </p> <p>Mr. Hanson was described as having “a superb reputation in the market,” “vast expertise in economics,” and “deep sector knowledge.” Clients also said “the clarity and simplicity of his expert reports is impressive” and “his advice has stood the test of time.”<br> </p> <p>NERA Economic Consulting is a leader in providing clear, independent, and robust economic advice to the transport and infrastructure sector. We have market leading credentials in economic regulation, industry restructuring, regulatory frameworks, and price control reviews. We advise clients on competition investigations and disputes. We are experts in cost benefit and economic impact analysis, due diligence, and statistical analysis. We advise clients in both public and private sectors, law firms, and investors. Clients come to us when the stakes are high and when issues are complex.<br> </p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/nera-expert-listed-in-who-s-who-legal--transport-2024-2024-01-03T18:36:09.211Z2024-01-03T18:36:09.211ZExperts Awarded Lexology Client Choice Award 2024noemail@noemail.orgunknown<p>New York City, New York—NERA is proud to announce Senior Managing Director Dr. Subbu Ramanarayanan and Managing Director Dr. Will Taylor have been awarded the Lexology Client Choice Award 2024.<br> <br> Dr. Ramanarayanan was recognized as one of four leading Competition Economists in the US for his outstanding service and work quality. Additionally, Dr. Taylor was honored as the sole winner in the Competition Economists category in New Zealand, acknowledging his significant expertise and accomplishments in the sector.</p> <p>Established in 2005, Client Choice recognizes individuals from around the world who stand apart for their excellent client care and quality service. The award focuses on the ability to add real value to clients’ businesses above and beyond what other players in the market offer.<br> </p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/experts-awarded-lexology-client-choice-award-20242024-01-09T14:16:18.932Z2024-01-09T14:16:18.932ZTen NERA Experts Recognized in Who’s Who Legal: Arbitration 2024noemail@noemail.orgunknown<p>New York City, New York—NERA Economic Consulting is pleased to announce 10 experts have been recognized as leading practitioners in arbitration by Who’s Who Legal (WWL) Arbitration Expert Witnesses 2024.</p> <p>Who’s Who Legal: Arbitration 2024 singles out arbitration lawyers and expert witnesses renowned for their expertise in resolving complex international disputes. WWL’s research, along with nominations from peers and clients, identified 10 NERA experts as leaders in their field with expertise in commercial and investor-state disputes.</p> <p>Six NERA experts were included in the Expert Witness section:</p> <ul> <li><a href="https://www.nera.com/experts/julie-m--carey.html"><b>Julie Carey</b></a>, Senior Managing Director, was recognized by clients as knowing “how to attack disputes from an economic perspective” and as being “highly credible as a witness.”</li> <li><a href="https://www.nera.com/experts/dr-christian-dippon.html"><b>Dr. Christian Dippon</b></a>, Senior Managing Director, has the ability to “explain highly technical material in a very accessible way” and “has the intelligence to understand the entire narrative of the case.”</li> <li><a href="https://www.nera.com/experts/dr-fabrizio-hernandez.html"><b>Dr. Fabrizio Hernández</b></a>, Senior Managing Director, was described as an expert who has “deep understanding of regulated sections.”</li> <li><span style="font-size: 0.8rem;"><a href="https://www.nera.com/experts/dr-richard-hern.html"><b>Dr. Richard Hern</b></a></span>, Senior Managing Director, was touted as “a first-class quantum expert” who is “great at cross-examination.”</li> <li><span style="font-size: 0.8rem;"><a href="https://www.nera.com/experts/ralph-meghames.html"><b>Ralph Meghames</b></a></span>, Director, was described as having “deep knowledge and understanding of valuation techniques” and “a structured work approach.”</li> <li><span style="font-size: 0.8rem;"><a href="https://www.nera.com/experts/robert-patton.html"><b>Robert Patton</b></a></span>, Managing Director, was described as an expert who “is able to break down the most complex damages calculations” with a “rigorous approach to quantum analysis.”</li> </ul> <p>In addition, four NERA experts were included in WWL’s Future Leader series as market leaders of tomorrow and the top of their generation in international arbitration:</p> <ul> <li><span style="font-size: 0.8rem;"><a href="https://www.nera.com/experts/george-anstey.html"><b>George Anstey</b></a></span>, Senior Managing Director, was described as an expert who is “able to explain complicated technical issues on quantum” and “is very confident when giving evidence in hearings.”</li> <li><span style="font-size: 0.8rem;"><a href="https://www.nera.com/experts/tomas-haug.html"><b>Tomas Haug</b></a></span>, Senior Managing Director, was recognized by clients as having a “particular expertise in energy disputes.”</li> <li><span style="font-size: 0.8rem;"><a href="https://www.nera.com/experts/Zuzana_Janeckova.html"><b>Zuzana Janeckova</b></a></span>, Director, was described as an expert who has “simplicity in her approach to digits and quantum.”</li> <li><a href="https://www.nera.com/experts/marco-schoenborn.html"><b>Marco Schönborn</b></a>, Director, was recognized to “produce great expert reports” and be “very good in oral hearings presenting and defending his expert position.”</li> </ul> <p>For over six decades, NERA experts have been central to client success in some of the world’s highest-profile disputes, regulatory proceedings, and business challenges. Our international arbitration experts help clients through all stages of the arbitration process, providing specialized expertise in commercial and investment treaty arbitrations.</p> <p>Our experts provide authoritative, independent economic analysis, valuation opinions, causation determinations, damages assessments, regulatory opinions, expert reports, and testimony. They draw on decades of experience, combined with specialized knowledge and deep expertise in regulated industries and competitive markets. NERA economists have provided these services in major arbitration venues in the United States, Europe, Asia, the Middle East, and Latin America.</p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/ten-nera-experts-recognized-in-who-s-who-legal--arbitration-20242023-12-08T17:43:56.526Z2023-12-08T17:43:56.526ZLexology Client Choice Awards 2024noemail@noemail.orgunknown<p>New York City, New York—NERA Economic Consulting is pleased to announce that Director Marco Schönborn was recognized in Lexology’s Client Choice Awards 2024 as an Arbitration Expert Witness and as the exclusive winner in the Arbitration Expert Witness in Germany category.</p> <p>The Lexology Client Choice Awards, established in 2005, acknowledge individuals globally who distinguish themselves through exceptional client care and high quality of service. The selection criteria for this recognition emphasize the ability to deliver significant value to clients’ businesses.<br> </p> <p>Mr. Schönborn is an expert in energy markets, regulation, and infrastructure and believes that the application of economic first principles is the best guide in identifying solutions to the complex problems of today’s energy sector.&nbsp;<br> </p> <p>Mr. Schönborn provides expert testimony and helps clients navigate complex commercial arbitration and litigation involving contractual disputes and antitrust matters. He provides advice to industry players, utilities, and investors pertaining to regulation and how markets work. While his focus is the energy sector, he works in many other industries and on quantum matters as well.<br> </p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/lexology-client-choice-awards-20242023-12-04T10:04:16.215Z2023-12-04T10:04:16.215ZNERA Experts Recognized in Who’s Who Legal: Energy Experts 2023noemail@noemail.orgunknown<p>New York City, New York—NERA Economic Consulting is pleased to announce that seven of its experts have been recognized as leading experts in energy by Who’s Who Legal (WWL).</p> <p>Who’s Who Legal: Energy Experts 2023 singles out the top energy experts in the market. Each expert was selected for their exceptional expertise spanning pricing issues, evaluation of long-term energy contracts, and delivery of expert testimony.<br> </p> <p>Five NERA experts received recognition.</p> <ul> <li>Senior Managing Director George Anstey is described as a “top-tier energy expert thanks to his strong track-record assisting in litigation, valuation and competition policy.” Mr. Anstey specializes in the economics of utility markets and regulation.</li> <li>Senior Managing Director Oscar Arnedillo specializes in energy economics, with particular emphasis in regulatory and corporate issues that arise in the transition from a regulated to a competitive electricity system.</li> <li>Senior Managing Director Sean Gammons “ranks prominently for his first-rate energy practice.” Mr. Gammons has received “widespread endorsement as a strong adviser and one of the big players in the field.”</li> <li>Senior Managing Director Tomas Haug is touted as a first-rate economist who “is a leading name in the energy market with over 20 years’ experience providing expert advice on economic assessments and quantification of damages.”</li> <li>Affiliated Consultant Dr. David Harrison Jr. has extensive experience evaluating the economic effects of a wide range of energy and environmental and other policies.</li> </ul> <p>Two NERA experts received recognition as Thought Leaders.&nbsp;&nbsp;</p> <ul> <li>Senior Managing Director Julie Carey is lauded as an expert “renowned for her strong economic background and experience assisting on damages quantification, valuation analyses and antitrust issues in the energy sector.”</li> <li>Senior Managing Director Kurt G. Strunk is recommended as “an invaluable expert” who “earns worldwide endorsements as a go-to energy expert with deep expertise in oil and gas disputes.”</li> </ul> <p>&nbsp;</p> <p>NERA’s Energy&nbsp;Practice is at the forefront of the continuing transformation of energy industries worldwide. We have pioneered approaches for introducing competition in segments such as power generation and gas supply where competition is workable and for improving the regulation of sectors where it is not. We work with companies, governmental bodies, and regulators worldwide to design competitive gas and electricity markets and to develop tariffs and rules of access for regulated transmission and distribution systems for electricity, gas, and the transport of oil and oil products.</p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/nera-experts-recognized-in-who-s-who-legal--energy-experts-20232023-11-28T09:46:35.539Z2023-11-28T09:46:35.539ZNERA Transfer Pricing Expert Wins ITR Leader of the Yearnoemail@noemail.orgunknown<p>NERA is proud to announce Senior Managing Director Dr. Yves Hervé has been recognized by the <a href="https://www.internationaltaxreview.com/">International Tax Review</a> (ITR) as the Transfer Pricing Practice Leader of the Year. This award is given to an individual across 34 jurisdictions throughout the EMEA region who has contributed to innovative and&nbsp;challenging transfer pricing work in the past year, as&nbsp;well as driving the international market through thought leadership.</p> <p>For more information about Dr. Hervé’s award, please visit the ITR World Tax website <a href="https://www.internationaltaxreview.com/article/2c3ayna2gem411dlj7rwg/itr-emea-tax-awards-2023-winners-announced?LS=Adestra4038640_&amp;utm_campaign=ITR%20Awards%202023%20-%20EMEA-%20Winners%3A%20wider%20mkt&amp;utm_content=Editorial&amp;utm_term=VIEW%20THE%20WINNERS&amp;utm_medium=email+editorial&amp;utm_source=TAX%20-%20Awards">here</a>.</p> <p><b>About NERA's Transfer Pricing Practice</b></p> <p>NERA has developed one of the largest in-house teams of economists in the economic consulting world. Our Global Transfer Pricing Practice offers a full range of transfer pricing services, independent advice, and valuation support by world-class economists who operate in major locations around the globe and who team effectively to provide global solutions for multinational clients. Our direct, hands-on approach to transfer pricing enables us to develop more rigorous, higher quality products, and to collaborate more effectively with our clients.</p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/nera-transfer-pricing-expert-wins-itr-leader-of-the-year2023-09-28T13:26:46.873Z2023-09-28T13:26:46.873ZNERA Economic Consulting Announces Senior-Level Promotions 2023noemail@noemail.orgunknown<p>New York, NY—NERA Economic Consulting, a leading global provider of economic advice and analysis in business, legal, and regulatory matters, is pleased to announce Dr. Cristián Hernández, Dr. Stephanie Child, and Ivelina Velikova have been promoted to Director. In addition, Emilie Feyler, Dr. Veronica Postal, and Dr. Yuyao Wang have been promoted to Senior Consultant. Leoine Janisch, Rafael Sambeat, Daniel Sullivan, and James Thomas are now Consultants.</p> <p><b>Directors:</b></p> <p><a href="https://www.nera.com/experts/dr--stephanie-child.html">Dr. Stephanie Child</a> specializes in survey research and methodology, statistical sampling, and data analysis. Dr. Child has worked on matters involving intellectual property disputes, with specific expertise in survey development and analyses related to trademarks, patents, and false advertising.&nbsp;This includes surveys to establish likelihood of confusion, secondary meaning, genericness, and dilution. Dr. Child has also worked on class action and antitrust matters.<br> </p> <p><a href="https://www.nera.com/experts/dr--cristian-hernandez.html">Dr. Cristián Hernández</a> advises clients in industries including finance, rail, construction, and tech during merger reviews and in allegations of anticompetitive behavior. Dr. Hernández specializes in analysis of large data sets, natural experiments, merger simulations, and econometric modelling. His article “Algorithmic Pricing in Horizontal Merger Review: An Initial Assessment” won the <i style="font-size: 0.8rem;">Concurrences</i> Readers Choice Award in 2023.<br> </p> <p><a href="https://www.nera.com/experts/ivelina-velikova.html">Ivelina Velikova</a> is an expert at managing projects involving the analysis of economic issues in securities litigation. Ms. Velikova has consulted on hundreds of securities class actions, including examining materiality, loss causation, and liability and estimating inflation, damages, and settlements. Her broad industry expertise includes closed-end funds, banking, asset management, insurance and reinsurance, oil and gas, broadband networking, and mortgage servicing.&nbsp;</p> <p><b>Senior Consultants:</b></p> <p><a href="https://www.nera.com/experts/emilie-feyler.html">Emilie Feyler</a> specializes in antitrust analysis for litigation and merger and acquisition matters in the digital, telecom, heath care, and consumer industries. She also provides economic analysis in litigation involving liability, damages, and class certification, particularly those involving allegations of conspiracy, price-fixing, market power abuse, and breach of contract.</p> <p><a href="https://www.nera.com/experts/dr--veronica-postal.html">Dr. Veronica Postal</a> examines the competitive effects of mergers and acquisitions and evaluates liability and damages in antitrust litigation cases involving price fixing, class certification, and consumer pricing. She has worked in industries including health insurance, airlines, and automotive.<br> </p> <p><a href="https://www.nera.com/experts/dr--yuyao-wang.html">Dr. Yuyao Wang</a> assists clients on litigation and advisory issues spanning asset valuation, breaches of contract, liability forecasts, corporate governance, intellectual property, ERISA class actions, and securities class actions. Her recent work has also involved insurance disputes related to COVID-19.</p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/nera-economic-consulting-announces-senior-level-promotions2023-07-25T09:28:38.347Z2023-07-25T09:28:38.347ZComing Soon: &#34;Applying the Arm’s Length Principle to Intra Group Financial Transactions: A Reference Guide&#34;noemail@noemail.orgunknown<p><b>Overview</b></p> <p>It is well known that intercompany financing arrangements have more and more become subject to scrutiny in contexts of applying transfer pricing and anti-tax avoidance-related rules. With contributions by more than 50 leading global transfer pricing and international tax experts from law firms, multinational enterprises, academia, and tax administrations, it provides unparalleled insights into the application of the Arm’s Length Principle to different types of financial transactions, application of anti-avoidance rules to various intra-group financial arrangements as well as the business value creation process and the dispute management landscape that underlie intra-group financial transactions.</p> <p><b>What’s in this book:</b></p> <p>With in-depth analysis of the legislation and market developments that fuel the diverse range of financing options available to market participants – and loaded with practical examples and case studies that cover the legal and economic considerations that arise when analysing intra-group finance – the contributors examine such topics and issues as the following:</p> <ul> <li>national anti-abuse rules applicable to financial transactions;</li> <li>tax treaty issues;</li> <li>role of credit ratings and impact of implicit support;</li> <li>loans, cash pooling, financial guarantees;</li> <li>transfer pricing aspects of performance guarantees;</li> <li>‘mezzanine’ financing;</li> <li>considerations for crypto financing;</li> <li>impact of crises situations such as COVID-19;</li> <li>how treasury operations can be structured in a group and the decision-making process involved;</li> <li>how hedges offset or mitigate risks;</li> <li>how to apply the arm’s length principle to factoring and captive insurance transactions;</li> <li>comparability analysis for various transactions;</li> <li>special considerations for transactions carried out by a permanent establishment;</li> <li>EU state aid and its interaction with transfer pricing rules;</li> <li>dispute prevention and resolution tools under the OECD, UN, and EU frameworks; and</li> <li>developing countries’ perspectives, focusing on Brazil, India, and South Africa.</li> </ul> <p><b>How this will help you:</b></p> <p>Given the challenges facing taxpayers and tax authorities alike, this book will prove an immeasurably valuable reference guide to support tax practitioners, tax administrations, and tax scholars in developing standards and policies in dealing with intra-group financing issues.<br> </p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/pre-order--applying-the-arm-s-length-principle-to-intra-group-fi2023-06-28T18:45:01.890Z2023-06-28T18:45:01.890ZNERA Listed as a Leading Consulting Firmnoemail@noemail.orgunknown<p>NERA Economic Consulting was ranked one of the top consulting firms in the UK by Consultancy.uk. The 2023 ranking—which assessed over 1,200 consulting firms—identifies the nation’s top consultancies across 40 sectors and 40 areas of expertise. NERA was awarded the diamond level in economic consulting, the highest rating awarded.</p> <p>Consultancy.uk’s list assesses the UK’s most trusted, expert, and influential consultancy firms in the domain for 2023. Consulting firms are ranked based on the views of active economic executives and consultants and on assessments of their economic capabilities, company reputation, analyst benchmarks, industry recognition, thought leadership, and more.</p> <p>To see the full list of rankings, click <a href="https://www.consultancy.uk/rankings/2023/top-consulting-firms-in-the-uk-by-area-of-expertise-2023/economics">here</a>.&nbsp;</p> https://www.nera.com/content/nera/en/news-events/press-releases/2023/nera-listed-as-a-leading-consulting-firm2023-06-27T16:10:10.603Z2023-06-27T16:10:10.603Z