Mark L. Berenblut

Affiliated Consultant


Tel: +1 416 868 7311

New York City
Tel: +1 917 475 0020

Tel: +44 20 3769 1096
Fax: +44 20 7659 8501

Email: mark.berenblut.affiliate@nera.com
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Chartered Professional Accountant (CPA) 
Fellow Chartered Accountant (FCA)
Fellow Chartered Business Valuator (FCBV)
Accredited Senior Appraiser (Business Valuation) (ASA)
Certified Fraud Examiner (CFE)
American Institute of Certified Public Accountants - Certified in Financial Forensics (AICPA-CFF)
BSc with Honors, in economics, London School of Economics


With over 30 years of experience, Mark L. Berenblut is a leading expert in quantum, economics, finance, business valuation, accounting, and financial investigation. He has provided expert reports and expert witness testimony for complex matters involving economic damage quantum, insolvency and restructuring, financial investigation, white-collar crime, intellectual property, securities, and business valuations in domestic and international arbitrations under the rules of the ICC, AAA, Ontario Arbitration Act, and Israel Arbitration Act.

In international arbitration, Mr. Berenblut has provided expert evidence before arbitrators and panels in Europe, the US, Canada, and Israel, working on disputes spanning pharmaceutical patents, shareholder disputes, post-acquisition, and other contract disputes. He has also provided economic evidence before the European Court of Human Rights. Mr. Berenblut is recognized as a leading expert witness in arbitration by Who’s Who Legal: Arbitration, where he is described by clients as “a seasoned professional” renowned for his “excellent report writing and preparation” and “strong analytical skills.”

Mr. Berenblut specializes in providing business, securities, and intellectual property valuation and damage analysis in commercial, IP, and other disputes. His expertise includes the valuation of securities and business interests, brands, establishing royalty rates, patent portfolio valuation, valuation of intangibles, and other IP. He was a member of the Editorial Board of The Journal of Business Valuation and of the subcommittee of the CBV Institute’s Professional Practice Committee that revised the Institute’s Code of Ethics.

Mr. Berenblut provides expertise in insolvency and restructuring matters, particularly where they intersect with forensic investigation, business valuation, and economic damage quantification. He has been retained for leading insolvency cases, including matters related to the bankruptcies of Nortel, the Stanford Investment Bank, Enron, and Olympia and York Developments. Mr. Berenblut has also been retained on behalf of insurers, directors and officers, and boards in connection with numerous securities class action cases in Canada and the US and in regulatory hearings.

Mr. Berenblut is a Fellow Chartered Business Valuator and a Fellow Chartered Accountant. He has professional certifications as an Accredited Senior Appraiser, CPA, Certified Fraud Examiner, and AICPA-CFF. He is recognized by the Academy of Experts and has authored two books regarding damage quantification and the role of an expert: “Proving Economic Loss” and “The Litigator’s Guide to Expert Witnesses.” Prior to his current role, Mr. Berenblut was a managing partner of a US venture capital investment fund and a bio-science fund and a member of the investment committees of several major charitable foundations. He divides his time between Europe and North America.




Title Type Author
Applying the Arm’s Length Principle to Intra Group Financial Transactions: A Referenc... Book Amanda Pletz, Dr. Emmanuel Llinares, Dr. Niraja Srinivasan, Timothy McKenna, Ralph Meghames, Dr. Ronald Bernstein, Bernardo Danesi, Eugene Ng, Gary Lambert, and Mark Berenblut
Transfer Pricing Considerations for Intercompany Cryptocurrency Book Amanda Pletz and Mark Berenblut
International Arbitration White Paper Series White Paper
COVID-19 and the Next Wave of Business Disputes White Paper Marco Schönborn, Mark L. Berenblut, et al.
Trends in Canadian Securities Class Actions: 2015 Update Report Bradley A. Heys and Mark L. Berenblut
Trends in Canadian Securities Class Actions: 2014 Update; The Docket Continues to Gro... Report Bradley A. Heys, Jacob Dwhytie, and Mark L. Berenblut
Trends in Canadian Securities Class Actions: 2013 Update; Filings Steady, Law in Flux... Report By Bradley A. Heys, Jacob Dwhytie, and Mark L. Berenblut
Trends in Canadian Securities Class Actions: 2012 Update Pace of Filings and Settleme... Report Bradley Heys and Mark L. Berenblut
Trends In Canadian Securities Class Actions: 2011 Update Report By Bradley Heys and Mark L. Berenblut
Trends in Canadian Securities Class Actions: 2010 Update Report Bradley A. Heys and Mark L. Berenblut