Photo of Saurav  Karki, MBA, CFA

Practices

Selected Expertise

  • Cash-flow modeling
  • Contract disputes
  • Damages estimation
  • Derivatives
  • Equity, fixed-income, and derivatives securities valuation
  • Financial analysis
  • Financial fraud
  • Reasonable royalty analysis
  • Valuation

Selected Industries

  • Banking and financial services
  • Computer hardware and software
  • Defense
  • Finance
  • Financial services
  • Fixed income instruments
  • Hedge funds
  • Telecommunications

Saurav Karki, MBA, CFA

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Saurav Karki has extensive experience providing consulting, economic and financial analysis, damages analysis, and valuation services. Mr. Karki has broad experience in variety of industries, including banking, financial institutions, cable and telecommunications, defense, hedge funds, and software. He has experience supporting consulting and testifying experts in a variety of matters in the areas of antitrust, corporate finance, financial fraud, and intellectual property.

Prior to joining Bates White, Mr. Karki was a Manager at Software Technology in Hollywood, Maryland. He worked as a Financial Analyst for XO Communications, a Reston, Virginia-based telecommunications company. He also served as a Case Competition Judge for Georgetown University’s 2009 MBA Finance Integrative. Mr. Karki is a Certified Financial Analyst (CFA) charterholder.

Selected Experience

  • On behalf of the plaintiff in Wells Fargo Bank et al. v. Merrimack Pharmaceuticals, Inc., co-led the team supporting the expert and performed a valuation of Merrimack’s pipeline of oncology drugs that supported the opinion that the sale of Merrimack’s sole commercial product constituted a fundamental change of the company. Following the exchange of primary and rebuttal reports, the parties settled.
  • Co-led the consulting team in an SEC civil suit involving the mark-to-market valuation of a portfolio of credit default swaps at a large financial services firm. Performed valuation and profit and loss analysis for the derivative portfolio and generated demonstratives used in settlement negotiations.
  • Provided consulting support for a regulator in a matter involving alleged manipulation and front running in the foreign exchange market. Analyzed trader's FX trades, performed profit and loss analysis, and analyzed overall trading activity in the FX market. Also provided support in preparation for a trial.
  • Supported the testifying expert in an arbitration proceeding on behalf of a hedge fund manager. The manager sought compensation from the termination of a contract to receive seed money to start a private equity-based hedge fund. Performed valuation analyses to estimate losses incurred by the manager resulting from the termination.
  • Supported testifying expert in a lawsuit related to the termination of a private equity fund manager. Performed valuation analysis of the private equity fund to estimate the manager’s economic ownership stake.
  • Supported the testifying expert in a breach of contract dispute regarding the assets purchased by the asset manager and trustee of a European CDO. Performed valuation analysis of credit default swap instruments purchased by the asset manager.
  • Supported the testifying expert in estimating lost profits from premature contract termination to distribute dental regenerative products in the North American market and addressing counterclaims that asserted lost sales due to alleged failure to exercise best efforts.
  • Supported the testifying expert in arbitration proceeding involving a contract dispute between defense contractors. Assisted in the analysis of materiality of the failure to disclose government investigation, and issues related to counterclaim damages.
  • Supported the lead consulting expert and the testifying expert work of Dr. Douglas Bernheim in the development of expert reports and testimony for Adelphia fraud litigation. Assisted in developing a financial model to estimate and quantify damages related to the claims and in apportioning damages between various types of wrong-doing.
  • In Novell, Inc. v. Microsoft Corp., supported multiple testifying experts in the alleged monopolization lawsuit. Assisted in the analysis of alleged lost profits and alleged lost asset value damages for the plaintiff.
  • In In re TFT-LCD Antitrust Litigation, supported testifying expert to a large coalition of direct-action plaintiffs involved in price-fixing litigations in the United States, Asia, and Europe. Performed economic and financial analyses to assess the impact on defendant financing and capital investment decisions.

Education

MBA, Georgetown University

BA, Business Administration and Computer Information Systems, Wartburg College