David Saunders is a prominent valuations and damages expert focusing on the oil and gas, construction and commodity trading sectors.
David Saunders is a partner at HKA and works in a variety of industries, jurisdictions, and forums, including the UK courts and international arbitrations, with particular expertise in valuations and quantification of damages. He has led over 100 matters and has been appointed as a damages expert on numerous occasions over his 20-year career as a forensic accountant. Mr Saunders has given oral testimony in the UK Courts and to Arbitral Tribunals. He has provided evidence in international arbitrations in jurisdictions including London, Stockholm, Frankfurt, Paris, Dubai, Hong Kong, Singapore and New York. He has been appointed as expert in commercial arbitrations under ICC, LCIA, AAA, SCC and UNCITRAL rules and has been appointed as damages expert in bilateral investment treaty cases.
Mr Saunders has worked on cases that have covered business sectors including oil and gas, commodity trading, construction, property, pharmaceutical, telecommunications, manufacturing, hotels, retail, entertainment and financial services, often working in conjunction with industry experts. The sums in dispute have ranged from a few million to many billions of dollars. He has also provided expert evidence on funds tracing issues.
Mr Saunders is a fellow of the Institute of Chartered Accountants, an associate of the Chartered Institute of Arbitrators and an accredited mediator, having previously trained as a production engineer.
David is a chartered accountant with over 30 years of experience in forensic accounting. He has been appointed to act as an expert more than 100 times and has provided oral testimony, both in court and to arbitral tribunals, on 18 occasions.
David has given oral testimony (including being involved in witness conferencing) in both litigation and arbitration, and has appeared before the courts and tribunals across Europe, Asia, the Middle East and North America. He has been appointed under AAA, ICC, LCIA, SCC and UNICITRAL rules and as a damages expert in bilateral investment treaty cases.
David specialises in valuations and quantification of damages. The sectors his cases have covered include oil and gas, commodity trading, construction, property, pharmaceutical, telecommunications, manufacturing, hotels, retail, entertainment and financial services.
David also has significant forensic accounting, fraud and financial investigation experience, as well as working on cases involving the restatement of accounts. He has undertaken fraud and regulatory investigations in the UK, Europe and Asia, and has provided expert evidence on funds tracing issues. He has also worked on due diligence assignments and pre-lending reviews.
David is a fellow of the Institute of Chartered Accountants, an associate of the Chartered Institute of Arbitrators and an accredited mediator. He been published in a variety of magazines on subjects ranging from cost control and procurement fraud to dispute resolution strategies and effective use of valuation.