BEGIN:VCALENDAR VERSION:2.0 PRODID:-//jEvents 2.0 for Joomla//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:df77b3b626cb4ca277c82d3bf270a780 CATEGORIES:Seminar CREATED:20240625T163712 SUMMARY:IN-PERSON SEMINAR: Ex Ante and Ex Post Assessments of Damages – Crystal Balls vs. Rearview Mirrors? (19 Sept 2024, 5.00pm - 7.00pm (GMT +8)) LOCATION:MND Building Annexe A – Function Room\, 9 Maxwell Rd\, Singapore 069112 DESCRIPTION:

Seminar Sy nopsis

When quantifyin g damages that accumulate over an extended period—be it years, months, week s or even just days—two crucial questions often come up:

  1. What information can be used in the assessment?
  2. How can we best convert a series of ongoing losses into a single lum p sum?

To address these question s, two principal methods are commonly used: the ex ante approach and the ex post approach.

Ex Ante Approach: Ignoring Hindsight Information

The ex ante approach calculates losses based on information available at the time of the breach. This metho d avoids using any information that became available after the breach, bein g commonly termed ‘hindsight information’.  Typically, a discounted cash fl ow (DCF) model is employed to discount the series of losses back to their p resent value at the time of the breach.

Ex Post Approach: Incorporating All Information

Conversely, the ex post approa ch utilises all information available up to the trial date, including data obtained after the breach.  This approach aims to provide a more accurate r eflection of actual losses by incorporating post-breach developments and ou tcomes.  Similar to the ex ante approach, a DCF model is used, but here the losses are discounted to their present value at the time of the trial

Hybrid Approach: C ombining Perspectives

In some jurisdictions, courts may adopt a hybrid approach. This starts with an ex ante assessment but allows for the inclusion of some post-breach informatio n. This method seeks to balance the predictive nature of ex ante calculatio ns with the accuracy provided by ex post data.

This seminar will compare and contrast these 3 approaches.< /p>

Progra mme

< /tr>

4:45 - 5:00pm

Registrations & Refreshments
5.00 - 5.10pm
Opening Remarks by Moderator
Ms. Meryl K oh - Director, Dispute Resolution & Intellectual Property, Drew & N apier LLC
5:10 - 6:10pm
Ex Ante and Ex Post Assessments of Da mages - Crystal Balls vs. Rearview Mirrors?
  • Mr. Iain Potter - Executive Vice President, J.S. H eld LLC
  • Mr. Oliver Watts – Partner, Osb orne Partners
6:10 - 6:30pm

Moderated Panel Discussion and Q & A

6.30 - 7.00pm

Networking Buffet

About the Speakers

< tr style="height: 152px;">

 

< span style="font-family: georgia, palatino, serif;">Mr. Iain Potter - Executive Vice Pres ident, J.S. Held LLC

Iain Potter is a Chartered Accountant, qualified in both the UK (ICAE W) and Singapore (ISCA), specialising in complex loss of profit and valuati on engagements and he has been based in Singapore since 2014. Iain is recog nised as a leading expert by Who’s Who Legal, with clients praising his "ma tter-of-fact approach to drafting reports and giving testimony", adding tha t "He is a fantastic expert witness for quantum, valuation and forensic acc ounting." Outside of his expert appointments, Iain is a member of the adjun ct faculty at the National University of Singapore’s Business School, where he lectures on damages quantum and business valuation disputes. He is also pursuing a number of lines of research, currently including a PhD focusing on the extent to which awards of damages reflect risk and uncertainty.

 

Mr. Oliver Watts – Partner, Osborne Partners

Oliver Watts is a Partner at Osbo rne Partners, and head of the Singapore Office. He is a chartered accountan t and Chartered Financial Analyst.
Oliver specialises in assessing fi nancial and valuation issues in contentious and non-contentious matters. He has broad experience in shares and business valuation including in: shareh older and joint venture disputes, private equity investments and investment treaty claims. He has been appointed as an expert over 20 times in Court p roceedings and international arbitrations in Singapore and internationally. He has testified before Courts and Tribunals on multiple occasions and is identified as a Future Leader in Who’s Who Legal’s latest list of arbitrati on expert witnesses.

About the Moderator

 

Ms. Meryl Koh - Direc tor, Dispute Resolution & Intellectual Property, Drew & Napier LLC< /strong>

Meryl Koh is a Directo r at Drew & Napier in both the Dispute Resolution and IP departments an d has been noted as a leading up-and-coming litigator by many prestigious l egal ranking publications. Meryl’s distinctive competency leads her to act in many complex local and cross-border litigation and arbitrations involvin g infringement of patents, trademarks and copyright, passing off, breaches of confidential information, oppression, breach of director’s duties, defam ation and employment. Her clients include high net worth individuals, liste d companies as well as international and household names in the hospitality , media, eSports and gaming, F&B, technology, agriculture, resources an d pharmaceutical industries. Meryl is dual-qualified in Singapore and Austr alia and a fellow of the Singapore Institute of Arbitrators. Lauded as a “v irtuoso in civil and commercial litigation” and an “excellent strategist”, clients described Meryl as a “sharp and appropriately aggressive lawyer who m you will want on your side.” 

Registration Fees

 MEMBERSHIP 
Fees

APIEx Members

S$50

Member of:

1. Association of Certified Fraud Examin ers (ACFE)

2. Chartered Institute of Arbitrato rs (CIArb)

3. Cha rtered Institute of Building (Singapore) (CIOB)

4. Institute of Singapore Chartered Accountants (ISCA)

< p>5. Institute of Valuers and Appraisers, Singapore (IVAS)< /span>

6. Lighthouse Club Singapore (LHC(S))

7. Singapore Chamber of Maritime Arbitration (SCMA)

8. Singapore Chartered Tax Professionals (SCTP)< /span>

9. Society of Construction Law (Singapore) (SCL(S))

10. Singapore Institute of Arbitrators (SIArb)< /span>

11. Society of Trust and Estate Practitioners (Singapore Bra nch) (STEP (Singapore Branch))

S$70
Exp ert on IPOS’ List of ExpertsS$70 
Participant from Corporate Member or Sponsor of International Valua tion Standards Council (IVSC) AsiaS$70 
< span style="font-size: 10pt;">OthersS$90

Download Brochure HERE< /a>.

Registration Closing Date: 12 September 2024

Continuing Professional Development

Practice Area: Professional Skills< br />Training Level: Update
Pub lic CPD Points: 1.5 

 

 

 

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Seminar Sy nopsis

When quantifyin g damages that accumulate over an extended period—be it years, months, week s or even just days—two crucial questions often come up:

  1. What information can be used in the assessment?
  2. How can we best convert a series of ongoing losses into a single lum p sum?

To address these question s, two principal methods are commonly used: the ex ante approach and the ex post approach.

Ex Ante Approach: Ignoring Hindsight Information

The ex ante approach calculates losses based on information available at the time of the breach. This metho d avoids using any information that became available after the breach, bein g commonly termed ‘hindsight information’.  Typically, a discounted cash fl ow (DCF) model is employed to discount the series of losses back to their p resent value at the time of the breach.

Ex Post Approach: Incorporating All Information

Conversely, the ex post approa ch utilises all information available up to the trial date, including data obtained after the breach.  This approach aims to provide a more accurate r eflection of actual losses by incorporating post-breach developments and ou tcomes.  Similar to the ex ante approach, a DCF model is used, but here the losses are discounted to their present value at the time of the trial

Hybrid Approach: C ombining Perspectives

In some jurisdictions, courts may adopt a hybrid approach. This starts with an ex ante assessment but allows for the inclusion of some post-breach informatio n. This method seeks to balance the predictive nature of ex ante calculatio ns with the accuracy provided by ex post data.

This seminar will compare and contrast these 3 approaches.< /p>

Progra mme

< /tr>

4:45 - 5:00pm

Registrations & Refreshments
5.00 - 5.10pm
Opening Remarks by Moderator
Ms. Meryl K oh - Director, Dispute Resolution & Intellectual Property, Drew & N apier LLC
5:10 - 6:10pm
Ex Ante and Ex Post Assessments of Da mages - Crystal Balls vs. Rearview Mirrors?
  • Mr. Iain Potter - Executive Vice President, J.S. H eld LLC
  • Mr. Oliver Watts – Partner, Osb orne Partners
6:10 - 6:30pm

Moderated Panel Discussion and Q & A

6.30 - 7.00pm

Networking Buffet

About the Speakers

< tr style="height: 152px;">

 

Mr. Iain Potter - E xecutive Vice President, J.S. Held LLC

Iain Potter is a Chartered Accountant, qualified in both the UK (ICAEW) and Singapore (ISCA), specialising in complex loss of profit and valuation engagements and he has been based in Singapore since 2 014. Iain is recognised as a leading expert by Who’s Who Legal, with client s praising his "matter-of-fact approach to drafting reports and giving test imony", adding that "He is a fantastic expert witness for quantum, valuatio n and forensic accounting." Outside of his expert appointments, Iain is a m ember of the adjunct faculty at the National University of Singapore’s Busi ness School, where he lectures on damages quantum and business valuation di sputes. He is also pursuing a number of lines of research, currently includ ing a PhD focusing on the extent to which awards of damages reflect risk an d uncertainty.

 

Mr. Oliver Wa tts – Partner, Osborne Partners

Oliver Watts is a Partner at Osborne Partners, and head of the Singapore Office. He is a chartered accountant and Chartered Financial Analyst.
Oliver specialises in assessing financial and valuation issues in content ious and non-contentious matters. He has broad experience in shares and bus iness valuation including in: shareholder and joint venture disputes, priva te equity investments and investment treaty claims. He has been appointed a s an expert over 20 times in Court proceedings and international arbitratio ns in Singapore and internationally. He has testified before Courts and Tri bunals on multiple occasions and is identified as a Future Leader in Who’s Who Legal’s latest list of arbitration expert witnesses.

About the Moderator

 

Ms. Meryl Koh - Director, Dispute Resoluti on & Intellectual Property, Drew & Napier LLC

Meryl Koh is a Director at Drew & Napie r in both the Dispute Resolution and IP departments and has been noted as a leading up-and-coming litigator by many prestigious legal ranking publicat ions. Meryl’s distinctive competency leads her to act in many complex local and cross-border litigation and arbitrations involving infringement of pat ents, trademarks and copyright, passing off, breaches of confidential infor mation, oppression, breach of director’s duties, defamation and employment. Her clients include high net worth individuals, listed companies as well a s international and household names in the hospitality, media, eSports and gaming, F&B, technology, agriculture, resources and pharmaceutical indu stries. Meryl is dual-qualified in Singapore and Australia and a fellow of the Singapore Institute of Arbitrators. Lauded as a “virtuoso in civil and commercial litigation” and an “excellent strategist”, clients described Mer yl as a “sharp and appropriately aggressive lawyer whom you will want on yo ur side.” 

Registration Fees

 MEMBERSHIP 
Fees< /strong>

APIEx Members

S$50

Member of:

1. Association of Certified Fraud Examiners (ACFE)

2. Chartered Institute of Arbitrators (CIArb)

3. Chartered Institute of B uilding (Singapore) (CIOB)

4. Institute of Sin gapore Chartered Accountants (ISCA)

5. Institu te of Valuers and Appraisers, Singapore (IVAS)

6. Lighthouse Club Singapore (LHC(S))

7. Sing apore Chamber of Maritime Arbitration (SCMA)

8 . Singapore Chartered Tax Professionals (SCTP)

9. Society of Construction Law (Singapore) (SCL(S))

10. Singapore Institute of Arbitrators (SIArb)

< span style="font-family: georgia, palatino, serif; font-size: 10pt;">11. So ciety of Trust and Estate Practitioners (Singapore Branch) (STEP (Singapore Branch))

S$70
Expert on IPOS’ List of ExpertsS$70 
Participant f rom Corporate Member or Sponsor of International Valuation Standards Counci l (IVSC) AsiaS $70 
Others S$90

Download Brochure HERE .

Registration Closing Date: 12 September 2024

Continuing Professional Development

 

 

 

CONTACT:This email address is being protected from spambots. You need JavaScript enabled to view it. DTSTAMP:20260416T030600 DTSTART;TZID=Asia/Singapore:20240919T170000 DTEND;TZID=Asia/Singapore:20240919T190000 SEQUENCE:0 TRANSP:OPAQUE END:VEVENT END:VCALENDAR
Practice Area: Profe ssional Skills
Training Level: Update
Public CPD Points: 1.5