Daniel Ryan is a senior managing director in the FTI Economic Consulting practice based in London. Mr Ryan joined FTI in April 2011.
Experience
Prior to joining FTI, Mr Ryan was a managing director at LECG, where he was responsible for LECG’s Finance and Accounting Services practice in the UK. Mr Ryan joined LECG in October 2002.
Daniel has 20 years experience in valuing businesses, shares and intellectual property assets in both contentious and non-contentious matters, including sale and purchase transactions, shareholder and post-acquisition disputes, intellectual property licensing, infringement of intellectual property rights, fiscal valuation and transfer pricing. Prior to joining LECG, Daniel worked at Arthur Andersen in the economics and financial consulting practice.
Daniel has been appointed as expert witness on numerous occasions and has given oral evidence. His experience covers matters in the UK High Court, before arbitral tribunals in the UK and internationally, in fiscal courts and before the Copyright Tribunal.
Daniel is a member of the Institute of Chartered Accountants in England and Wales.
General dispute consulting
Provided expert advice in relation to whether the information provided in the rights issue documentation of a major bank was misleading to investors.
Project director in a claim in relation to the alleged failure by an investment fund to appropriately operate a stop / loss provision.
Advised on the damages for misrepresentation in relation to an overseas investment fund.
Project director in relation to advice over the alleged mis-selling of structured products to individual investors.
Project director in relation to a dispute as to whether equity hedging strategies could have been applied to mitigate the losses arising out of a breach of contract.
Advised a generic pharmaceutical manufacturer in relation to damages arising out of the failure of a regulatory body to grant a marketing authorisation.
Advised a UK pharmaceutical company in relation to damages arising out of abuse of market dominance.
Provision of expert advice to a wealthy private settler of an overseas trust in relation to a large shortfall in payments from the trust.
Loss of profits case in relation to a fire in a manufacturing facility. Involved analysis of sales, demand and manufacturing capacity.
Contentious business valuation engagements
Advised on the fairness opinion provided by a global investment bank in a dispute with a minority shareholder in relation to a squeeze-out.
Advised on the value of a major UK financial institution in relation to a request for a judicial review of the basis of compensation for a compulsory purchase of the minority shares.
Project director for the valuation of part of a major UK insurance group in relation to a breach of warranty claim including a review of the appropriate accounting treatment of revenue for one of the acquired entities.
Acted as expert in relation to the transfer of certain investments held by an Icelandic investment company to a related party that the liquidators allege were at undervalue.
Provided expert advice on the value of certain shares and securities in a UK company that were allegedly transferred at undervalue.
Acted as expert in relation to the valuation fairness opinion given by an investment bank in relation to a merger of two global steel businesses.
Acted as expert in a minority shareholder action advising shareholders on the value of a healthcare business developing a new heart treatment product.
Advised on the value of a start-up business in the electric vehicular motor industry in the context of a dispute between the founder of the business and a private equity investor.
Advised on the potential value of a UK medical products business in relation to a dispute over non-performance with respect to a best-endeavours clause in a technology agreement.
Advised on the value of synergies in the context of a claim surrounding the privatisation of a large steel manufacturer in Eastern Europe.
Advised on the value of a minority shareholding in an advertising business in the context of a shareholder dispute.
Provided advice on the value of a minority shareholding in a Cypriot registered oil exploration and production business.
Advised on the value of a “shadow” shareholding in the UK subsidiary of an international television programme maker.
Valuation of a national European telecoms business in the context of a dispute about pre-emption rights.
Provided advice on the value of a large UK retailer in relation to a minority shareholder dispute.
Valuation of a major European retailer for the purposes of negotiations with the tax authorities.
Advised on the value of a UK investment trust in relation to an alleged breach of fiduciary duty.
Provided advice on the value of a major international energy business in relation to a minority shareholder action.
Valuation of a large manufacturing/systems integration business in the context of a professional negligence claim against a leading UK investment bank.
Provided valuation advice and negotiation support in relation to the price paid to a minority shareholder (and former director) of a medium size advertising agency.
Valuation of UK clothing retailer in relation to a negligible value claim.
Advice in relation to a multinational computer leasing business in relation to a post-acquisition dispute in a claim against an investment bank for negligent valuation advice.
Contentious intangible asset engagements
Provided expert advice on the loss of profits suffered by a pharmaceutical company in relation to a patent infringement by a generic manufacturer.
Advised on the value of media broadcasting rights in relation to music television before the Copyright Tribunal.
Advised a large global pharmaceutical company in relation to a UK patent infringement.
Advised a consortium in relation to breach of contract in a media rights agreement.
Advised a UK publisher on damages and an account of profits in relation to the infringement of two trade marks.
Provided advice to international business in the oil industry in relation to damages for patent infringement.
Advised a global Scandinavian manufacturer on damages for patent infringement.
Advised a global US manufacturer on the level of a reasonable royalty for 14 different patents in a dispute with an international competitor.
Non-contentious business valuation engagements
Valued a tax consulting practice in the context of a transaction.
Provided advice to a large hospitality and leisure group on a range of investment appraisal issues.
Investment appraisal of a start-up business that had developed a new form of biodegradable polymer.
Within the emerging markets of Eastern Europe, performed in-depth research into market dynamics and trends in the Czech water industry. Subsequently, advised on the value of a utility in the Czech Republic.
Advised on the value of the business and assets of a company developing technology in the outdoor advertising market.
Represented a large international pharmaceutical business in negotiations with the Inland Revenue Share Valuation Division on the allocation of value for a number of business disposals.
Advised on the value of a major UK private bank for fiscal purposes.
Provided advice on the value of a large international bank based in the Middle East as part of a strategy articulation engagement.
Valuation of a football management company in relation to a fiscal dispute.
Valuation of a motor car dealership for fiscal purposes.
Performed IFRS valuation for a major UK retailer in relation to an option held in a UK private company.
Provided valuation advice to a leading UK jeweller, including valuations of the business, its prestigious brands and client base for tax purposes.
Valuation advice to a large publicly quoted utility company in relation to 1982 values for tax purposes.
Valuation of a publicly quoted UK company in the life-sciences industry for investment communication purposes.
Established the issue price for a bond to be issued by a pharmaceutical business to its parent company.
Advised on the value of an internet software company for the purposes of fund raising.
Valuation of shares in the employee share scheme of a large UK chemicals company for the purpose of setting prices in the internal market.
Non-contentious intangible asset engagements
Currently advising a collecting rights organisation in relation to the value of rights for the use of music in the leisure industry.
Currently advising an industry body in the entertainment sector on the value of intellectual property rights and licensing issues with other rights providers.
Advised the trade association for cinema exhibitors on the economics of certain historical and proposed changes to structure of the industry.
Advised the record industry association in relation to the economics in relation to the appropriate allocation of costs for enforcing infringement remedies under the digital media bill.
Advised a major record company on the economic and structural drivers of innovation as part of its response to the Hargreaves review.
Advised the UK record industry body on the impact of competition in driving innovation as part of its submission to the Hargreaves review.
Currently advising collecting rights organisation in relation to the value of its rights for broadcasting of its media rights in the context of specially featured entertainment.
Provided advice to a national collecting rights organisation in relation to pricing structures and levels for the licensing of digital news content.
Advised the international trade body for the recorded music industry in relation to the potential value of a global comprehensive levy mechanism.
Provide expert advice on the loss arising from the premature death of an international folk singer, including record sales, touring revenue and merchandising revenue.
Advised on the value of a consumer-based internet brand in relation to a fiscal reduction in value claim.
Advised on the value of a portfolio of intellectual property in the automotive parts industry for the purpose of a trade sale.
Advised industry bodies in the music sector in relation to the economic implications of an extension of the copyright term on certain rights.
Advised on the appropriate royalty rate for, and value of, the brand of an international express delivery company.
Advised a global engineering business on the value of its portfolio of brands, trade marks and portfolio of over 2,000 patents for the purpose of an internal reorganisation.
Advised a UK collecting rights organisation on appropriate pricing structure and level for business licences.
Advised an international chemical business on the valuation of intangibles for IFRS3 reporting purposes.
Negotiated a range of commercial agreements from licensing of intellectual property to agreements with strategic channel partners for two fast growing business software companies.
Provided advice to a business transmitting sporting events to bookmakers in relation to the renegotiation of its rights for the broadcast of horseracing.
Provided support to a major sports association in its negotiations with a large media and communications companies in relation to the value of its sports rights. Included the modelling of the expected value of the rights to individual bidders in order to ascertain the value maximising split of the individual rights.
Valuation advice in relation to a start-up biotech business involved in the development of ‘transgenic mice’ for use in the development of human antibodies.
Provided valuation advice in relation to a series of newspaper mastheads for an international publishing company.
Performed strategic review of a leading UK listings magazine, which included the valuation of the brand and the distribution network.
Performed a review of the utilisation of a portfolio of film rights and valued the overall library based on an analysis of expected usage and potential future licensing arrangements.
Performed the valuation of the brand of a large multinational engineering company and helped establish a pricing mechanism for use of the brand by group companies.
Advised on the value of a brand in the toilet tissue market following the merger of two fast moving consumer goods businesses.
Advised on the value of the corporate brand of a global business involved in the manufacture of pump equipment and valves.
Other financial consulting
Performed a corporate strategy review for an international construction company.
Provided transfer pricing advice to a company trading oil futures in relation to a dispute with tax authorities.
Involved in the design and implementation of a financial management information system for a large IT consultancy.
Develop a five year business plan for UK advertising company.
Developed budgeting and financial planning model for a large public telecommunications company.