Photo of Charles E. Bates, PhD

Selected Expertise

  • Asbestos and mass tort litigation
  • Data decision tools and database design/applications
  • Econometrics
  • Economic modeling
  • Financial analysis
  • Financial reporting
  • Liability analysis and forecasting
  • Microsimulation modeling
  • Predictive modeling
  • Statistical analysis

Selected Industries

  • Asbestos products
  • Automotive parts
  • Construction
  • Heavy equipment
  • Industrial products
  • Manufacturing
  • Mining
  • Railroads
  • Refractory manufacturing
  • Transportation

Charles E. Bates, PhD


Charles E. Bates is a founding member of Bates White. Dr. Bates specializes in the application of statistics and computer modeling to large complex litigation matters requiring novel quantitative solutions. He has more than 25 years of experience and has testified in a variety of forums including the US Senate Judiciary Committee, Federal Bankruptcy Court, United States Tax Court, California Supreme Court, and arbitration hearings.

Dr. Bates is the leading expert on methods of asbestos-liability forecasting. He has maintained an ongoing research program on improving asbestos liability estimates. He is regularly retained on asbestos liability matters by insurance companies, corporations, and financial creditors’ committees in federal bankruptcy proceedings. Dr. Bates has published papers on the trends and developments in the asbestos litigation environment and often speaks on these topics at national and international forums.

Selected Experience

  • Served as an asbestos liability valuation expert on behalf of Garlock Sealing Technologies in its bankruptcy proceedings. Testified before the US Bankruptcy Court for the Western District of North Carolina both in preliminary case hearings and at trial. Estimated Garlock’s asbestos liability accounting for other potential sources of exposure for claimants. The presiding judge adopted Dr. Bates’ estimate, stating that it reflected the amount that actual pending and future claimants could expect to recover from Garlock. For more details, read the press release.
  • Served as an expert in asbestos claims valuation for financial reporting purposes on behalf of certain Halliburton stockholders regarding Halliburton's financial disclosures of its asbestos liabilities after its acquisition of Dresser in 1998.
  • Served as an expert in asbestos claims valuation, estimation methodology, and asbestos reinsurance billing on behalf of American Re-Insurance Company and ACE Property and Casualty Company regarding the proper reinsurance bill associated with USF&G's reinsurance bill of its asbestos-related payments to Western MacArthur. Submitted expert reports and provided deposition testimony.
  • Currently retained as an expert by Fortune 500 companies to produce asbestos expenditure estimates for annual and quarterly financial statements. Estimations aid clients with Sarbanes-Oxley and SEC reporting compliance.
  • Testified before the Senate Judiciary Committee on the economic viability of the Trust Fund proposed under S.852, the Fairness in Asbestos Injury Resolution (FAIR) Act of 2005. Testimony clarified Bates White’s independent analysis on the difference between current tort liabilities and potential entitlements created by the administrative no-fault trust fund that uses medical criteria for claims-filing eligibility.
  • Led a team of economists that provided expert services in the historic antitrust case, In re Vitamins Antitrust Litigation, the largest US price-fixing case at that time. Case involved developing state-of-the-art economic models, damages analysis, client presentations, pretrial discovery, and industry research, as well as preparing evidence and testimony, depositions, and a critique of opposing expert analyses and reports for a consortium of more than 150 companies.
  • Served as testifying expert on behalf of Sealed Air in the fraudulent conveyance matter regarding the 1998 acquisition of Cryovac from W.R. Grace. Developed the then new standard of more detailed liability forecasting model and software in order to estimate the contemporaneously foreseeable asbestos liability of a defendant with more than $200 million in annual asbestos payments.
  • Provided expert testimony on behalf of the taxpayers on the statistical basis and accuracy of shrinkage accruals in Kroger v. Commissioner. Citing Dr. Bates’ testimony extensively, the Court ruled in favor of Kroger.


PhD, Economics, University of Rochester

MA, Economics, University of Rochester

BA, Economics and Mathematics, University of California, San Diego