Martello provided expert witness services on structured finance and derivative products in a dispute concerning a EUR30m structured note issued by a Special Purpose Vehicle. The Claimants were seeking declaratory relief on alleged fraudulent conduct in relation to the transaction.
The Martello expert had a background in derivative products and over 25 years of international banking experience. Our Martello team worked alongside the expert to produce an expert report on the background of structured notes, evaluating the valuation of product in question and opining on whether the methodology and conclusions reached were reasonable.
The case ultimately reached a settlement following the expert meeting and production of a joint memorandum, with the expert’s opinion playing an instrumental role in the direction of the case.