Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, announced today that James Finkel has been appointed leader of the Financial Crisis Disputes practice, which provides dispute resolution and regulatory investigation support to the financial sector. The practice operates within Duff & Phelps’ Dispute and Legal Management Consulting business, with Finkel bringing to the role particular expertise regarding structured credit products and other complex financial issues.
The development follows a series of high-profile engagements in which Duff & Phelps has advised clients on complex, dispute-related matters throughout the recession and ongoing recovery. These include service as financial advisor to the Examiner in the Lehman Brother’s Bankruptcy, valuation advisor to the European Commission, valuation advisor for the U.S. Congressional Oversight Committee’s Troubled Asset Relief Program (TARP), and expert witness for several confidential matters involving alternative investments, structured products, fraud and other complex issues.
Noah Gottdiener, chief executive officer of Duff & Phelps, said, "Jim Finkel’s 25 years of experience in law, banking, trading and asset management provides an optimal blend of skills and insight to lead this specialized practice. His team brings a unique mix of highly technical expertise and seasoned business judgment to each Financial Crisis Disputes engagement, helping clients to navigate their most pressing challenges and make sound decisions. By drawing on their extensive backgrounds in both financial and dispute-oriented disciplines, Jim and his team will continue to support a broad range of sophisticated organizations and clients as they move beyond a period of economic uncertainty and instability.”
Duff & Phelps’ Dispute and Legal Management Consulting practice provides litigation support, dispute consulting, damages analysis, expert testimony and related services to companies facing complicated, business-related conflicts. Before assuming the Financial Crisis Disputes role, Finkel led Duff & Phelps’ Complex Asset Solutions team, which leverages market insights and analytic applications to value complex securities – including mortgage-backed securities, a variety of CDOs and other derivative instruments related to debt and equity. Under Finkel’s leadership, the team worked with some of the largest international hedge funds, pension funds, banks, insurers, rating agencies and law firms. The Financial Crisis Disputes team will work closely with the Complex Asset Solutions team, which operates within Duff & Phelps’ Alternative Asset Advisory business unit, led by Warren Hirschhorn.