Mr. Prager is an expert in complex financial restructurings and corporate valuation disputes, with over two decades of experience focusing on complex commercial disputes.
He has served as a consulting expert, advisory and testifying witness in numerous bankruptcy and restructuring matters, fraudulent conveyance actions, corporate value and solvency disputes, and forensic and trading investigations. In bankruptcy disputes, Mr. Prager has provided valuations of varied assets and evaluated value allocations, the fairness of reorganization plans, and the reasonableness of projections. His engagements include the contentious bankruptcies of Enron, Lehman Brothers, Patriot Coal, Adelphia, Tribune, and many others.
As a financial advisor, Mr. Prager has worked with both debtors and creditors in various high-profile corporate and municipal restructurings, including Archegos, Toys “R” Us, Energy Future Holdings, the Commonwealth of Puerto Rico, and the City of Detroit. He has negotiated reorganization plans, investigated causes of action, and provided financial restructuring advice. In company-side restructurings, he has also held C-suite positions, including as the CEO of The PMI Group and CFO of Syncora Guarantee.
Prior to joining Brattle, Mr. Prager was a Managing Director at a global financial and risk advisory firm. He previously worked at a leading financial advisory firm, where he focused on restructuring advisory and complex financial litigations. A Chartered Financial Analyst (CFA) charterholder, he is a member of the American Bankruptcy Institute, CFA Institute, and the CFA Society of New York.