Provided damages consulting to Latvian bank in defamation matter

Provided damages consulting to Latvian bank in defamation matter

Damages consulting

Stout was engaged to provide consulting expertise and potential expert testimony on behalf of a Latvian bank that had been harmed by a false report that connected the bank to a network of international arms traders. As part of the engagement, we evaluated a number of factors negatively impacting profits including increased capital requirements, correspondent banking fees, and other operational costs. We also considered coincident macroeconomic and industry-related changes that may have impacted the bank’s profitability. We worked with the bank’s internal finance team to identify the necessary information to construct a damages model and recommended a conservative but strongly supportable approach. We assisted with the finance team’s preparation for settlement discussions and the client secured a favorable settlement.

Zugehörige Experten

Alle zugehörigen Experten