Federal Financial Analytics managing partner Karen Petrou has on a selective basis agreed to serve as an expert witness in litigation germane to matters such as director-and-officer liability related to regulatory requirements, the manner in which financial institutions are resolved, and the role forward-looking regulatory planning plays in M&A transactions, contractual matters, and related corporate actions.
Ms. Petrou’s expert consulting and testimony services have involved matters pending before judicial forums varying from private arbitration to the Appeals Courts. Services have included advice to counsel unfamiliar with federal banking rule or law, especially as it is applied in situations such as enforcement actions and resolutions. In one matter, Ms. Petrou was retained in part to substantiate depositions from the CEO of one of the world’s largest banks related to the acquisition of a subsidiary subsequently found improper pursuant to a change in law. In another, she addressed the extent to which directors and officers of a large failed financial institution could be held liable by a bankruptcy trustee to address responsibilities under law and rule applicable at the time of disputed actions. Ms. Petrou’s long record of testimony before Congress, continuing advice to federal and state regulators, and her extensive publications have made her expert advice and testimony of particular value.