The Brattle Exchange

Philip Drummond , an Associate at The Brattle Group specializing in securities litigation and capital markets, welcomes Kate Volkova , an Associate Professor of Finance at the University of Melbourne, to discuss her award-winning research on antitrust enforcement. Kate’s expertise spans corporate governance and regulatory oversight, with a particular focus on the impacts of regulator actions on co...

Dr. Yingzhen Li , a Principal at The Brattle Group who specializes in economic consulting for complex financial instruments and corporate governance, is joined by Professor Nadya Malenko of Boston College, a leading finance scholar and two-time winner of The Brattle Group Prize in Corporate Finance. Together, they explore theoretical corporate governance, with a focus on collective action problems...

Brattle Principal Dr. Jan Jindra and Associate Dr. Ariel Lanza are joined by Dr. Isil Erel , the David A. Rismiller Chair in Finance at The Ohio State University’s Fisher College of Business and the Executive Editor of The Review of Corporate Finance Studies. Together, they explore the evolving landscape of private debt funds – the fastest-growing segment in the private capital market. Jan, Ariel,...

Pallavi Seth , Principal at The Brattle Group and Co-Leader of Brattle's Intellectual Property practice, is joined by Rachel Lovejoy , former Chief IP Counsel at SpaceX and President of T Minus Zero LLC, to discuss the evolving landscape of intellectual property (IP) strategy in the rapidly growing space industry. Drawing on Rachel’s nearly 30 years advising leading technology companies, Pallavi a...

Dr. Pallavi Seth , Principal at The Brattle Group and Co-Leader of the firm’s Intellectual Property practice, welcomes Beau Jackson , Partner at Husch Blackwell and leader of its Section 337 practice, to discuss the evolving landscape of intellectual property enforcement at the US International Trade Commission (ITC). Pallavi and Beau review the legal and economic nuances of Section 337, focusing...

Pallavi Seth, Principal at the Brattle Group and Co-Chair of its Intellectual Property practice, sits down with Dr. Brent Lutes, Chief Economist at the US Copyright Office and former Brattle colleague, to explore the economic complexities at the intersection of artificial intelligence (AI) and copyright policy. Pallavi and Brent discuss Brent’s recent collaborative publication, “Identifying the Ec...

Brattle Principals Jake Zahniser-Word and Anul Thapa draw on their extensive expertise in oil, gas, and energy sector finance to discuss the critical role of real options in valuing exploration and production (E&P) companies. With backgrounds in corporate finance, valuation, and commercial and regulatory disputes, Jake and Anul discuss how real-option valuation incorporates forecast uncertaint...

Brattle Principals Dr. Coleman Bazelon and Dr. Paroma Sanyal dive into the world of spectrum auctions in this episode, offering a comprehensive look at the intricacies of the auction process. Spectrum, the medium for wireless communications, is accessed by companies through licenses issued by the Federal Communications Commission (FCC). Drawing on her experience at the FCC, Paroma leads an in-dept...

Brattle Principal Shastri Sandy hosts a conversation with Senior Litigation Specialist Ethan Moore and Principal Rafael Klotz to explore the intersection of generative artificial intelligence (GenAI) and bankruptcy. The conversation begins with an overview of GenAI – what it is, how it works, and how it powers technologies like ChatGPT and DALL-E. Ethan provides insight into how GenAI contrasts wi...

Ryan Chapman , Brattle Senior Research Analyst, and Sean Flaim , Senior Attorney at the US Department of Health and Human Services, delve into the intersection of antitrust and artificial intelligence (AI) in this episode. The pair discuss topics from Ryan’s recent article “Antitrust in the Age of AI,” which – published by the American Bar Association’s Amplify – explores if the consumer welfare s...

In this episode of The Brattle Exchange , Johannes Stroebel , the David S. Loeb Professor of Finance at NYU Stern School of Business and Director of the Climate Finance Initiative, joins Brattle Senior Associate Bennet Berger to delve into the intersections of real estate economics, discount rates, and climate risk. Bennet and Johannes cover several topics within Johannes’ extensive and innovative...

In this episode of The Brattle Exchange, Principal Dr. Shastri Sandy welcomes Dr. Luigi Zingales , an expert in corporate governance, white-collar fraud, and financial economics. Luigi is a Professor of Entrepreneurship and Economics at the University of Chicago’s Booth School of Business; he was Shastri’s dissertation chair while Shastri was completing his PhD and MBA at Booth. Their conversation...

Dr. Bin Zhou , Brattle Principal, and Clifford Holderness , Professor Emeritus at Boston College Carroll School of Management, engage in a dynamic discussion on corporate governance and ownership concentration in publicly traded companies. Drawing upon Cliff's extensive background in corporate finance, the episode delves into his innovative research – which has often challenged conventional thinki...

John Graham , Professor of Finance at Duke University’s Fuqua School of Business, joins Margaret McKeehan , Brattle Senior Associate, to delve into the intersection of academic theory and real-world practice in corporate finance. John and Margaret explore some key findings from John’s research over the years, including his novel calculation of firm-specific tax rates that has enabled more precise...

Dr. Randall Kroszner , Professor of Economics at the University of Chicago's Booth School of Business, joins Brattle Principal Jamie Read to discuss the past, present, and future of financial regulation and innovation. Randy details his extensive experience, including serving as a member of the Federal Reserve Board of Governors during the 2007–2008 global financial crisis, his time as a member of...

Dr. Ilya Strebulaev , the David S. Lobel Professor of Private Equity and a Professor of Finance at Stanford University’s Graduate School of Business, joins Brattle Principal Sujay Dave to discuss his research and extensive experience in corporate finance, private equity, and venture capital. In this episode, Ilya discusses how he developed a framework for capital structure decisions that incorpora...

In this episode, Dr. Shastri Sandy , Brattle Principal, interviews his former professor, Douglas Diamond , Professor of Finance at The University of Chicago Booth School of Business and one of the world’s leading experts on banking and financial crises. Doug was awarded the 2022 Nobel Memorial Prize in Economic Sciences, along with Ben Bernanke and Philip Dybvig, for his work in the field that lai...

Dr. Philip Drummond , Brattle Associate, and hosts Dr. Mingze (Adrian) Gao , Dr. Buhui Qiu , and Dr. Eliza Wu , delve into the intricate world of syndicated loans, with a spotlight on the research encapsulated in their FIRN award-winning paper. Syndicated loans involve a team of banks pooling resources to finance a single borrower, managing risk and providing substantial capital. Mingze (Adrian),...

In this podcast episode, Alison Forman , Principal and Certified Public Accountant from The Brattle Group, and Adam Karageorge , Brattle Associate, delve into recent SEC and PCAOB enforcement actions against auditors. Adam and Alison bring their extensive experience in handling matters involving auditor liability to provide a nuanced analysis of the evolving enforcement landscape. The episode cove...

In this episode, Dan Harris , Brattle Principal, and Tania Tholot , Brattle Senior Associate, continue their in-depth conversation on the valuation of Russian assets amid economic sanctions. Building upon their initial discussion, Dan and Tania dive into the complexities of exchange rate risks. They tackle the intricacies of revenue forecasting within the volatile Russian market, spotlighting how...

In this episode, Dan Harris , Brattle Principal, and Tania Tholot , Brattle Senior Associate, delve into the complex theme of valuing Russian assets in light of recent geopolitical tumult. This thought-provoking episode of The Brattle Exchange centers on the economic repercussions resulting from Russia’s invasion of Ukraine and the subsequent sanctions that have fueled disputes and arbitrations in...

In this episode of The Brattle Exchange, Brattle Principals Dr. Mark Sarro and Dr. Shastri Sandy and Senior Associate Dr. Adrienna Huffman continue their conversation tracing crypto and fiat funds in the Bankman-Fried (FTX) criminal fraud trial. They explore the significance of tracing in providing evidence for financial investigations and fraud cases, identifying patterns of illegal activity, and...

In this episode, we dive into the complex world of financial fraud cases and the role of experts in tracing misappropriated assets. Principal and Practice Co-Leader: White Collar Investigations & Litigation at The Brattle Group, Dr. Mark Sarro is joined by Brattle Senior Associate, Dr. Adrienna Huffman , and Principal, Dr. Shastri Sandy , to discuss their first-hand experience on the expert te...

In the second part of our deep dive into international arbitration and EU state aid law, Brattle Principals José García and Richard Caldwell , continue their conversation on the international arbitration outcomes following Spain’s changes to renewable energy incentives. They also underscore the European Commission’s influential role in deeming compensation as state aid and explores the principal c...

In this episode, Brattle Principals José García and Richard Caldwell analyze the intricate overlay of international arbitration and EU state aid law. The spotlight is on infrastructure investments in renewable energy within Spain. They discuss the impact of EU state aid decisions on investment treaty awards as they navigate through the multifaceted issues at stake for investors and state authoriti...