Tiago Duarte-Silva

Tiago Duarte-Silva

Vice President

Dr. Tiago Duarte-Silva is a testifying expert specialized in damages and securities disputes.  He has provided expert opinions and testified at trial and deposition in domestic and international arbitration, in litigation (federal and state courts), and before the US Department of Commerce.  He also has several years of investment banking experience valuing companies in developed and emerging markets and is an adjunct professor at Boston College, where he teaches valuation. 

Dr. Duarte-Silva has worked on behalf of corporations and their officers and directors, sovereign states and entities, private equity firms, financial institutions, auditors, the Securities and Exchange Commission, and other US and foreign regulators.  His case experience includes support at deposition, trial/ hearings, mediation, and settlement negotiations and spans various industries, including financial services, technology, consumer products, media, casinos, pharmaceuticals, chemicals, telecommunications, aerospace, insurance, education, outsourcing, distribution, energy, and natural resources including mining. 

His expertise in commercial and investment disputes encompasses valuation, minority shareholder oppression and appraisal actions in Delaware Court of Chancery, mergers and acquisitions, debt/ equity issues and buybacks, rights issues, buyouts, and lost profits involving breach of contract, breach of fiduciary duty, expropriation, and temporary injunction, among others. 

His expertise in securities disputes covers class certification including analyses of market efficiency in the context of fraud-on-the-market assessments, loss causation and materiality, event studies/ price impact analyses, damages or settlement analyses within Rule 10b-5 and Section 11 matters, alleged accounting misstatements or omissions, insider trading, and market manipulation.  The evidence he submitted as expert has led to the denial of class certification. 

Dr. Duarte-Silva’s research on earnings announcements, event studies, the incorporation of information into prices, regulatory enforcement, prejudgment interest and quantum, commercial and investment banking, and equity and debt underwriting has been published in the Journal of Financial Economics, the Journal of Applied Corporate Finance, Finance Research Letters, the Journal of International Arbitration, Law360, Global Arbitration Review, the World Arbitration and Mediation Review, the Westlaw Journal of Securities Litigation & Regulation, Kluwer Arbitration Blog, the Harvard Law School Forum on Corporate Governance and Financial Regulation, the Columbia Law School Blue Sky Blog, and various journals of the American Bar Association.  He has also refereed articles for several peer-reviewed journals, including the Journal of Law and Economics, Journal of International Arbitration, Financial Analysts Journal, and Business Valuation Review.  He has been a speaker at MIT Sloan School of Management, Harvard Law School, and other institutions. 

He chairs the American Bar Association’s Damages subcommittee of the Alternative Dispute Resolution committee, co-chairs the Expert Witness subcommittee of the Commercial and Business Litigation committee, and is on the Advisory Board to the ICCA-ASIL Task Force on Damages in International Arbitration.  He is perfectly fluent in English, a native speaker of Portuguese, conversant in Spanish, and has a reading knowledge of French.

 

La experiencia del Dr. Tiago Duarte-Silva en Charles River Associates abarca el arbitraje y los litigios internacionales y estadounidenses. También tiene varios años de experiencia en la industria valorando compañías en mercados desarrollados y emergentes y enseña la valuación como profesor adjunto en la Carroll School of Management del Boston College. Ha ofrecido sus opiniones o testimonios en tribunales federales y estatales en los Estados Unidos y en el extranjero.

Su experiencia en disputas comerciales y de inversión abarca la valuación, las emisiones de deuda / acciones, fusiones y adquisiciones, la opresión de los accionistas minoritarios, y las ganancias perdidas que implican incumplimiento de contrato, incumplimiento de deber fiduciario y expropiación, entre otros.

Su experiencia en disputas de acciones y otros valores abarca la certificación de clase, incluyendo evaluaciones de la eficiencia del mercado, causalidad y materialidad de pérdidas, estudios de eventos / análisis de impacto de precios, presuntas inexactitudes, daños debido a omisiones contables y análisis, insider trading y investigaciones de supuestas manipulaciones del mercado.

Dr. Duarte-Silva ha trabajado en nombre de corporaciones y sus directores, firmas de private equity, instituciones financieras, auditores, la Securities and Exchange Commission y otros reguladores estadounidenses y extranjeros. Su experiencia en casos incluye apoyo en las negociaciones de deposición, juicio, mediación y asentamiento y abarca diversas industrias, incluyendo servicios financieros, energía y recursos naturales, tecnología, productos de consumo, medios de comunicación, casinos, productos farmacéuticos, productos químicos, telecomunicaciones, aeroespacial, seguros y distribución.

Preside el subcomité de Daños del Comité de Resolución Alternativo de Disputas en la American Bar Association y co-preside el subcomité de Expertos del Comité de Litigios Comerciales y Empresariales. También forma parte del Advisory Panel del ICCA-ASIL Task Force on Damages in International Arbitration.

La investigación del Dr. Duarte-Silva sobre anuncios de resultados, estudios de eventos, incorporación de información en los precios, el interés prejuzgatorio y quantum, la banca comercial y de inversión y la suscripción de acciones y de deuda ha sido publicada en Journal of Financial Economics, Journal of Applied Corporate Finance, Finance Research Letters, Journal of International Arbitration, Law360, Global Arbitration Review, World Arbitration and Mediation Review, the Westlaw Journal of Securities Litigation & Regulation, Kluwer Arbitration Blog, Harvard Law School Forum on Corporate Governance and Financial Regulation, Columbia Law School Blue Sky Blog, y varias revistas de la American Bar Association. También ha arbitrado artículos para varias revistas revisadas por pares, incluyendo el Journal of Law and Economics, el Journal of International Arbitration, el Financial Analysts Journal y Business Valuation Review. Ha sido ponente en MIT Sloan School of Management, Harvard Law School, y otras instituciones. Es perfectamente fluente en inglés, hablante nativo de portugués, conocedor del español y tiene conocimientos de francés.

A experiência do Dr. Tiago Duarte-Silva na Charles River Associates abrange a arbitragem e litígios internos e internacionais. Ele também tem vários anos de experiência professional na valorização de empresas em mercados desenvolvidos e emergentes e ensina valorização como professor adjunto na Carroll School of Management do Boston College. Ele providenciou seu testemunho em tribunais federais e estaduais nos EUA e no exterior.

Sua experiência em disputas comerciais e de investimentos engloba valorizações, emissões de dívida / ações e recompras, emissões de direitos, aquisições, opressão de acionistas minoritários e perda de lucros envolvendo violação de contrato, violação de dever fiduciário e expropriação, entre outros.

Sua experiência em disputas de ações e outros valores mobiliários abrange a certificação de classe, incluindo avaliações de eficiência de mercado, causalidade de perda e materialidade, estudos de eventos / análises de impacto de preço, danos por alegadas distorções ou omissões contábeis, insider trading e investigações de alegada manipulação de mercado.

O Dr. Duarte-Silva trabalhou em nome de corporações e seus diretores, empresas de private equity, instituições financeiras, auditores, a Securities and Exchange Commission e outros reguladores norte-americanos e estrangeiros. Sua experiência inclui o suporte em negociações de deposição, julgamento, mediação e liquidação e abrange várias indústrias, incluindo serviços financeiros, energia e recursos naturais, tecnologia, produtos de consumo, mídia, produtos farmacêuticos, produtos químicos, telecomunicações, aeroespacial, seguros, e distribuição.

Ele preside o subcomitê de Danos do Comitê de Resolução Alternativa de Disputas na American Bar Association e co-preside ao subcomitê de Peritos do Comitê de Litígio Comercial e Empresarial. Ele também faz parte do Advisory Panel da ICCA-ASIL Task Force on Damages in International Arbitration.

A pesquisa do Dr. Duarte-Silva sobre anúncios de resultados, event studies, incorporação de informações em preços, aplicação de regulamentações, prejudgment interest e quantum, banca comercial e de investimento e subscrição de ações e títulos foi publicada no Journal of Financial Economics, Journal of Applied Corporate Finance, Finance Research Letters, Journal of International Arbitration, Law360, Global Arbitration Review, World Arbitration and Mediation Review, the Westlaw Journal of Securities Litigation & Regulation, Kluwer Arbitration Blog, Harvard Law School Forum on Corporate Governance and Financial Regulation, Columbia Law School Blue Sky Blog, e vários periódicos da American Bar Association. Ele também reviu artigos de vários periódicos, incluindo Journal of Law and Economics, Journal of International Arbitration, Financial Analysts Journal, e Business Valuation Review. Ele foi palestrante na MIT Sloan School of Management, Harvard Law School, e outras instituições. Ele é perfeitamente fluente em Inglês, um falante nativo de Português, conversante em espanhol, e lê em francês.

Education

PhD, Finance, University of Rochester
MS, Applied Economics, University of Rochester
MS, Finance, Universidade Católica Portuguesa
Licenciatura, (BA) Business Administration, Universidade Católica Portuguesa