Erin McHugh is an experienced expert focusing on the quantification of damages. She has strong capability in the financial sector, with expertise in financial products, investments and derivatives.
Erin B McHugh is an associate director in NERA's securities and finance and international arbitration practices and manages projects in the areas of economics, finance and valuation. She has consulted on litigation and arbitration matters in various venues, including the ICC, ICSID and FINRA, as well as on internal and regulatory investigations. She has also provided testimony as an expert witness.
Ms McHugh has extensive experience in estimating quantum in matters involving an alleged breach of a contract or investment treaty. She also has considerable valuation experience, including the valuation of financial products (including various derivatives) and business assets (including those in emerging markets).
Ms McHugh has also consulted on numerous disputes between brokerage firms and customers concerning investments in equities, derivatives, fixed income, and structured finance securities. She has evaluated risk characteristics of the investments, concentration, and damages, among other issues.
In regulatory investigations, she has consulted on matters involving retail sales of distressed sovereign debt, retail sales of equity-linked structured notes, and the alleged manipulation of benchmark rates.
Ms McHugh has consulted on dozens of matters involving auction-rate securities and structured finance securities, such as subprime RMBS and CDOs. In matters involving hedge funds, Ms McHugh has estimated counterfactual hedge fund performance and flows absent an alleged breach. In securities class action lawsuits, she has analysed issues of class certification, materiality and damages.
Ms McHugh has presented at industry conferences and law firms on various topics, including damages estimation and valuation techniques. She is also the co-author of “Floating-Rate Mortgage Securities” in The Handbook of Mortgage-Backed Securities (edited by Frank J Fabozzi, 2016) and “Causation” in The Investment Treaty Arbitration Review (edited by Barton Legum, 2019).
Ms McHugh holds an MBA from the MIT Sloan School of Management and a BA, magna cum laude, in economics and French from Amherst College, where she was awarded three departmental prizes in economics. She is a CFA-certified charterholder and has also completed coursework in finance and mathematical finance at New York University.