August 03, 2015
Brattle Economists Author Article in Tax Notes on Corporate Inversions

Brattle principals Michael Cragg and Evan Cohen, associate Jehan deFonseka, and research analyst Ryan Tholanikunnel recently authored the article, “Corporate Inversion Transactions: Valuation Considerations,” featured in the July edition of Tax Notes International.

August 03, 2015
Article by Jürgen Weiss Examines the Benefits and Costs for Utilities of Moving Fast or Slow on Climate Change Mitigation

Principal Jürgen Weiss co-authored an article for the July 2015 issue of The Economists’ Voice that assesses the benefits and costs for utilities in waiting or hurrying when taking climate change mitigation measures.

July 29, 2015
Michael Cragg and Rand Ghayad Publish a Research Paper in The Economists’ Voice Journal on Tax Policy and Economic Inequality

Brattle principal Michael Cragg and associate Rand Ghayad recently co-authored a research paper in The Economists’ Voice Journal, “Growing Apart: The Evolution of Income vs. Wealth Inequality,” addressing the negative impact of tax inequality on the economy and society.

July 21, 2015
The Brattle Group Opens a Toronto Office

The Brattle Group is pleased to announce that we have opened an office in Toronto, allowing us to respond quickly and effectively to the legal and business challenges facing our Canadian clients.

July 20, 2015
Brattle Economists Show Record $20 Billion in Annual U.S. Transmission Investments Will be Sustained Over Next Several Years

Economists at The Brattle Group have released an updated study showing that transmission investment in the United States will remain strong over the next decade, with a projected $20 billion investment required annually over the next several years and at least $120 billion to $180 billion needed over the next decade.

July 15, 2015
Coleman Bazelon Contributes to National Research Council Report on Active Remote Sensing

Brattle principal Coleman Bazelon contributed to the recently-released report, “A Strategy for Active Remote Sensing Amid Increased Demand for Radio Spectrum,” carried out for NASA by the National Academies of Sciences, Engineering, and Medicine.

July 13, 2015
Study by Brattle Economists Quantifies the Benefits of Utility-Scale Solar PV

A study released by economists at The Brattle Group finds that utility-scale solar photovoltaic (PV) systems in the U.S. are significantly more cost effective than residential-scale (rooftop) PV systems as a vehicle for achieving the economic and policy benefits of PV solar.

July 13, 2015
Yvette Austin Smith and Brattle Team Prevail in DE Chancery Court Valuation Ruling

Brattle principal Yvette Austin Smith recently provided successful valuation testimony in a combined breach of fiduciary duty and appraisal matter before the Delaware Court of Chancery in the case Owen vs. Lynn Cannon et al.

July 07, 2015
Report by Brattle Economists Assesses Economic and Carbon Value of Nuclear Plants

A report released by economists at The Brattle Group finds that the United States’ nuclear energy plants contribute $60 billion annually to gross domestic product (GDP), in addition to other economic and societal benefits.

July 07, 2015
Lisa Cameron and Joshua Gans Author Law360 Article on a New Model for Evaluating Reverse Payment Settlements

Brattle principal Dr. Lisa Cameron and academic advisor Professor Joshua Gans have co-authored an article for Law360 on how to quantify a branded pharmaceutical company’s beliefs about patent strength and expected patent life in reverse payment settlement cases.

July 06, 2015
Report by Brattle Economists Examines Feasibility of Integrating Variable Renewable Energy into Electric Grid

A new report authored by principals Jürgen Weiss and Bruce Tsuchida finds that the integration of high levels of variable renewable energy into the electric grid is both technically feasible and can be managed without compromising reliability of electric power service.

July 01, 2015
William Zarakas Authors Article on the Shift in Utility Business Models for The Electricity Journal

Brattle principal William Zarakas has authored the article, “Growth Prospects and Shifting Electric Utility Business Models: Retail, Wholesale and Telecom Markets,” appearing in the June 2015 issue of The Electricity Journal.

June 23, 2015
More Than 350 MHz of Additional Licensed Spectrum Needed to Meet Growing Demand for Mobile Broadband in U.S., According to Report by Brattle Economists

A whitepaper authored by Brattle principal Coleman Bazelon and senior associate Giulia McHenry finds that more than 350 additional megahertz (MHz) of licensed spectrum is needed by 2019 to support projected commercial mobile wireless demand in the U.S.

June 18, 2015
Consultants Author Article on Organic Electricity Conservation in The Electricity Journal

Brattle principals Ahmad Faruqui and Ryan Hledik and research analyst Wade Davis recently authored the article, “The Emergence of Organic Conservation,” published in the June issue of The Electricity Journal.

June 17, 2015
Ahmad Faruqui Quoted in Public Utilities Fortnightly on Supreme Court Decision to Hear Demand Response Case

Brattle principal Ahmad Faruqui was recently quoted in the Public Utilities Fortnightly article, “High Stakes at the High Court: U.S. Supreme Court to decide demand response case,” discussing how the U.S. Supreme Court will decide whether demand response services will be regulated by the federal government or by state utility commissions.

June 16, 2015
Brattle Principal Michael Cragg’s Testimony Contributes to Finding on Government Treatment of AIG

In the recently released decision from the United States Court of Federal Claims, Judge Wheeler sided with Brattle client Starr International Co. Inc., finding that that the Federal Reserve overstepped its authority by taking 79.9 percent of AIG’s equity as a condition of its loan to AIG. This element of the decision echoed testimony of Brattle principal Dr. Michael Cragg, which was restated in the opinion.

June 12, 2015
Pavitra Kumar Authors Article on Hedge Fund Characteristics and Performance Persistence

Senior Associate Pavitra Kumar recently published an article investigating the association between select hedge fund characteristics and persistence in positive and negative abnormal returns. The article, “Hedge Fund Characteristics and Performance Persistence: Evidence from 1996-2006,” was published in Volume 5, No. 2 of the Quarterly Journal of Finance (June 2015).

June 02, 2015
The Brattle Group Selected to Analyze Potential Impacts of 2024 Summer Olympics in Boston

The Brattle Group has been selected to provide an independent analysis of the potential impacts of the 2024 Summer Olympic and Paralympic Games being hosted in Boston.

June 02, 2015
Yvette Austin Smith Featured in Financier Worldwide Article on Valuation Issues in Mergers and Acquisitions

Brattle principal Yvette Austin Smith recently participated in a panel discussion on valuation issues in mergers and acquisitions (M&A) for an article that appeared in the June 2015 issue of Financier Worldwide.

June 01, 2015
Bin Zhou Co-Authors Bloomberg BNA Article on the Role of Transfer Pricing in Bankruptcy

Brattle principal Bin Zhou recently co-authored an article published in Bloomberg BNA, “The Implications of Transfer Pricing in Bankruptcy,” in which the authors discuss the lessons learned from transfer pricing arrangements featured in the allocation of liquidation proceeds in Nortel’s bankruptcy trials.

June 01, 2015
Brattle Economists Author Article on Pre-award Interest Rates in International Arbitration

Brattle principals Dan Harris, Richard Caldwell, and Alexis Maniatis recently authored an article on pre-award interest rates and the significant impact they can have on damages awards the longer the legal process takes.

May 29, 2015
Brattle Client Warner Chilcott Granted Summary Judgment in Pharmaceutical Antitrust Case

In a closely-watched pharmaceutical antitrust case, Brattle client Warner Chilcott prevailed in a motion for summary judgment against Mylan Pharmaceuticals. Mylan, which produced a generic version of Warner Chilcott’s branded acne medication Doryx, alleged that Warner Chilcott had acted anticompetitively by product hopping. A Brattle team led by principals Steve Herscovici and Lisa Cameron worked closely with attorneys from White & Case in providing analytical support for four different experts.

May 29, 2015
Brattle to Serve as Advisor for Italian State Railway in Railroad Privatization Process

Consultants at The Brattle Group have been retained by Ferrovie dello Stato Italiane (FS), the Italian State Railway, to serve as an advisor for the railway’s privatization process.

May 28, 2015
Brattle Economists Author Law360 Article on the Use of Big Data in Financial Investigations

Brattle principals Paul Hinton and Mark Sarro, associate Rand Ghayad, and Kevin Rosenberg of Lowenstein & Weatherwax recently co-authored an article on Law360, “Big Data’s Big Impact In Financial Investigations,” which describes the challenges in detecting trade-based money laundering (TBML) for financial institutions, other businesses, and law enforcement.

May 22, 2015
Pablo Ruiz Featured in Popular Science Article for Development of Grid Congestion Management Software

Brattle senior associate Pablo Ruiz, also research associate professor at Boston University, was recently featured in Popular Science for leading a team of researchers in an effort to address congestion on the nation’s transmission grid, which increases costs and potentially reduces reliability.

May 18, 2015
Brattle Economists Analyze Injury to the Domestic Industry for American Crane Manufacturer in a Misappropriation of Trade Secrets Investigation at the ITC

Brattle consultants assisted counsel for Manitowoc Cranes in analyzing the economic prong of the domestic industry requirement in a case before the International Trade Commission (ITC).

May 14, 2015
Brattle Experts Assist in Securing Favorable Outcome for Client in Nortel’s Bankruptcy Allocation Trial

A decision reached by the Courts' regarding the allocation of Nortel's $7.3 billion liquidation proceeds relied heavily on the findings by Brattle experts.

May 14, 2015
Daubert Motion Granted Based on Testimony of Brattle Principal Daniel McFadden

Relying on testimony by Brattle principal Professor Daniel McFadden, New York Federal District Judge Shira Scheindlin recently granted in part a Daubert motion to exclude the class certification testimony of Plaintiffs’ expert in an antitrust class action against the MLB and NHL professional sports leagues. As a result of this decision, class certification with respect to past damages was denied.

May 12, 2015
Stewart Myers Receives Onassis Prize for Finance

Stewart Myers, Brattle principal and Robert C. Merton (1970) Professor of Financial Economics at the Massachusetts Institute of Technology, was recently awarded the 2015 Onassis Prize for Finance from the Cass Business School, part of City University London.

May 11, 2015
Brattle Prepares Report on Economic Activity Generated by Spectrum Licensed to U.S. Wireless Carriers

Brattle principal Coleman Bazelon and senior associate Giulia McHenry recently prepared a report for CTIA—The Wireless Association that estimates spectrum licensed to U.S. wireless carriers generates more than $400 billion annually.

May 07, 2015
Andrew Abere and Pinar Bagci Author Article on Cartel Damages Under The New EU Directive

Brattle principals Andrew Abere and Pinar Bagci authored an article on cartel damages in the EU that was published in the April-June 2015 issue of Corporate Disputes.

May 07, 2015
Associate David Luke Oates Co-Authors Article Examining Economic Effects of Compliance with the EPA’s Proposed Clean Power Plan

Brattle associate David Luke Oates co-authored an article published in the April 2015 issue of The Electricity Journal that examines the economic effects of state cooperation under the Environmental Protection Agency’s (EPA) proposed Clean Power Plan.

April 29, 2015
Academic Advisor Stuart Brotman Authors Report on Assessing Broadband Internet Capabilities

Brattle academic advisor and Harvard Law School faculty member Stuart Brotman recently prepared a report that analyzes a new approach for assessing a country’s broadband Internet capabilities.

April 23, 2015
Delaying Investment in U.S. Transmission Infrastructure Can Result in Higher Costs and Increased Risks, According to Report by Brattle Economists

A report released by Brattle economists finds that U.S. transmission planning processes need to more fully recognize the benefits of enhanced transmission to protect consumers from the high costs and risks of an inadequate and insufficiently flexible grid.

April 14, 2015
Brattle Consultants Release Book on Market Power and Market Manipulation in Energy Markets

Brattle principals Gerald Taylor, Shaun Ledgerwood, Romkaew Broehm, and Peter Fox-Penner have authored a book that provides insights and an analytical framework for understanding the legal and economic nuances associated with energy market manipulation. Market Power and Market Manipulation in Energy Markets: From the California Crisis to the Present will be published in April 2015 by PUR Inc.

April 07, 2015
Article Authored by Brattle Consultants on Impacts of Inclining Block Rates on Energy Consumption Featured in Public Utilities Fortnightly

Brattle consultants have recently authored an article for the April 2015 issue of Public Utilities Fortnightly that examines whether the implementation of inclining block rates (IBRs) on energy prices leads to energy conservation.

March 31, 2015
Mark Berkman Contributes to Bay Area Council Economic Institute Report on Extreme Weather Events

Brattle principal Mark Berkman and research analyst Stephen Lagos contributed to a recent Bay Area Council Economic Institute report, “Surviving the Storm,” examining questions about the economic impact of potential extreme storm events in northern California.

March 30, 2015
Academic Advisor John Bowblis Provides Expert Testimony in Collins v. Kodak Tying Case

Brattle academic advisor and Miami University professor John Bowblis provided expert testimony in the Collins v. Kodak tying case before the U.S. District Court in Cincinnati. The court’s finding in that case was recently affirmed by the U.S. Court of Appeals for the Sixth Circuit. Dr. Bowblis’ report was directly cited in the appellate court’s decision.

March 13, 2015
Deploying Up to 5,000 MW of Grid-Integrated Electricity Storage in Texas Could Provide Substantial Net Benefits According to Brattle Economists

A report recently released by Brattle economists finds that the deployment of grid-integrated distributed electricity storage in Texas could provide substantial net benefits to the power system in ERCOT and its electricity customers. The report evaluates whether storage could be cost-effectively deployed from the perspectives of retail customers, wholesale electricity market participants, and the combined system or “society as a whole” while maintaining wholesale power prices that continue to support necessary generation investments.

March 09, 2015
Aaron Edlin Authors Wall Street Journal Article on Competition in the Dental Industry

Brattle academic advisor Aaron Edlin, a professor of law and economics at the University of California, Berkeley, recently co-authored the article “Letting Dentists Feel the Bite of Competition,” published in the Wall Street Journal.

February 25, 2015
David Sunding Provides Expert Testimony in Supreme Court Water Rights Case

Brattle principal David Sunding recently served as the damages expert for the state of Nebraska in the U.S. Supreme Court case, State of Kansas v. State of Nebraska and State of Colorado, in which Kansas sought more than $80 million in damages from Nebraska for taking more than its share of water from the Republican River Basin.

February 23, 2015
Brattle Economists Author Report on Nutrition and the Rise of Obesity in the United States

Economists from The Brattle Group recently completed a study on dietary trends and the rising rates of obesity in the United States. The report finds that Americans are facing a substantial increase in obesity, despite general adherence to the nutrition advice of the American Heart Association and the United States Departments of Agriculture and Health and Human Services.

February 21, 2015
Article Co-Authored by Torben Voetmann on Acquirer Return Differential Published in Journal of Corporate Finance

Empirical literature documents that acquirers of public targets earn zero or negative announcement period returns, while acquirers of both private and subsidiary targets earn positive returns. Brattle principal Torben Voetmann recently co-authored a paper in the Journal of Corporate Finance that attempts to explain this differential.

February 13, 2015
Brattle Consultants Assist ERCOT in Scenario Planning and Improving its Long-term Transmission Planning Process

Consultants at The Brattle Group recently assisted ERCOT in improving its long term transmission planning process.

February 12, 2015
Compliance with EPA’s Clean Power Plan Unlikely to Materially Affect Electric Grid Reliability, According to Report by Brattle Economists

Brattle consultants released a report analyzing concerns raised by the North American Electric Reliability Corporation (NERC) in its Initial Reliability Review (IRR) about the impact of the Environmental Protection Agency’s (EPA) proposed Clean Power Plan (CPP) for reducing carbon emissions.

February 12, 2015
Neil Lessem Featured in Washington Post Article on the Links between Ideology and Energy Conservation

Brattle associate Neil Lessem was recently featured in a Washington Post article that discusses the various motivations that consumers have when it comes to energy conservation and how these motivations may vary with political or ideological beliefs.

February 05, 2015
Brattle Principal Andrew Abere Contributes to Amicus Curiae Brief on Post-Patent Term Royalty Payments

Brattle principal Dr. Andrew Abere contributed to an amicus curiae brief submitted by the Patents and Antitrust Committees of the New York City Bar Association (NYCBA) in a case currently before Supreme Court that proposes that the Court overrule its 1964 decision in Brulotte v. Thys Co. in which it held that a royalty agreement that extends beyond the expiration of the patent term is unlawful per se.