Wednesday, July 29, 2009

FTI Consulting Expands International Arbitration Group With Key Hire

FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, announced today that it has expanded its International Arbitration offering to include multiple professionals in Washington, New York, Toronto, Paris, Geneva and London. FTI's clients will further benefit from the recent addition of Howard Rosen to the company's International Arbitration team. Howard Rosen joins FTI as a Senior Managing Director and will be based in Toronto and Paris.

FTI's International Arbitration experts combine skills in accounting, economics, statistics, finance and industry in assessing damages and addressing other issues in international arbitration. They will work closely with FTI colleagues with specialist skills in forensic investigations and forensic accounting, construction, real estate, energy, corporate finance, corporate restructuring, supporting technological services in electronic discovery and data management, and related areas to offer a wide-ranging set of services to FTI's international arbitration clients.

Commenting on the new appointment, Jack Dunn, President and Chief Executive Officer, said, "Howard's joining FTI reinforces our commitment to the international arbitration community and further deepens the portfolio of services FTI offers its global clients. We are pleased to welcome him to FTI."

John Klick, Senior Managing Director and Head of FTI's Economics Consulting segment, said: "I am tremendously excited by this very significant strengthening of FTI's international arbitration capabilities. International disputes require the ability to work across geographic boundaries, and having team members in multiple locations around the world allows us to effectively serve clients. We believe FTI offers the largest collection of senior individuals focused on damages issues in arbitration of any firm. In combination with the specialist forensic, construction, and other capabilities already offered, FTI is poised to be a powerful force in the arbitration community."

Howard Rosen added: "I am delighted to be joining FTI along with a number of my colleagues. We have worked extensively together in the past and look forward to continuing to offer a high quality service to our clients. FTI has an excellent range of capabilities to offer the international arbitration community. We are excited to work with our new colleagues to broaden and deepen FTI's links to the international arbitration community."

FTI's International Arbitration experts have provided written and oral testimony in treaty and commercial arbitrations before panels drawn from all the main international arbitration forums - ICSID (including NAFTA and ECT disputes), ICC, LCIA, ICDR, the Iran-US Claims Tribunal, under UNCITRAL rules, and ad hoc arbitrations - as well as before domestic courts and tribunals, on matters involving all major geographies and industries.

Howard Rosen

Howard Rosen has over 25 years' experience in the assessment of damages and related issues, and has provided expert testimony under the auspices of arbitration seats including the ICC, the LCIA, the ICDR, and ICSID (including NAFTA) as well as under UNCITRAL rules. As the leader of FTI's International Arbitration practice, Howard's specialty is in providing expert reports and testimony for international arbitration matters.

Howard has acted as court appointed administrator, monitor, and inspector, as well as having sat as a member of an Arbitral Tribunal. He is the co-author of two authoritative texts on the quantification of economic damages and has lectured extensively to professional interest groups. Howard has acted as an instructor at the Foundation for International Arbitration Advocacy (FIAA), has acted as an instructor for the National Institute for Trial Advocacy (NITA) expert witness trial practice program and is often called on to speak on the topics of valuation and damages assessment. Howard was named as one of the top 20 experts in Canada.

Since the start of his career in 1981, Howard has focused exclusively on business valuations, financial litigation, and corporate finance related matters. Howard's experience has included acting as an advisor to private and public companies, regulatory bodies, venture capital and private equity firms, and to government at all levels, across a wide variety of industries. He has worked across North and South America, Europe, the Middle East, Africa, and Asia. Howard has been qualified as an expert witness in over 100 damages quantification and valuation matters in Courts and Arbitration Hearings in Canada, the United States, Asia, the Middle East and Europe.

Howard currently sits on the board of directors and audit committees of two public companies and one mutual fund company, as well as on the audit committee of a national charitable organization and on the advisory committee of two institutional investors.

About FTI Consulting

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,300 employees located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, strategic communications and restructuring. More information can be found at www.fticonsulting.com.

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