Corporate Advisory

Rui Albuquerque

Education & Credentials B.A. (magna cum laude), Economics – Portuguese Catholic University M.A., Economics – University of Rochester Ph.D., Economics – University of Rochester   Experience Rui Albuquerque is Associate Professor of Finance and Dean’s Research Fellow at the Boston University Questrom School of Business…

Christopher Alt

Education & Credentials B.A., Political Science - Bowdoin College M.P.A. - University of Pennsylvania, Wharton Ph. D., Finance and Applied Economics (Cabot Fellow) - Massachusetts Institute of Technology, Sloan School Chartered Financial Analyst (C.F.A.) - CFA Insitute FINRA Series 7, 63 Experience Chris Alt is an adjunct...

Paul D. Berger

Education & Credentials SB, Management & Mathematics – Massachusetts Institute of Technology, Sloan School of Management SM, Management Science – Massachusetts Institute of Technology, Sloan School of Management Ph.D., Management Science – Massachusetts Institute of Technology, Sloan School of Management   Experience Paul D. Berger…

Mark N. Broadie

Education & Credentials BS, Operations Research/Industrial Engineering and Mathematics – Cornell University Ph.D., Operations Research – Stanford University   Experience Mark Broadie is the Carson Family Professor of Business at Columbia University and the Research Director for the Program for Financial Studies. Professor Broadie teaches…

Roberts W. Brokaw III

Education & Credentials BA & MA (combined), Economics – Yale University MBA – Harvard Business School Series 7, 24 and 63 Securities Licenses – Financial Industry Regulatory Authority (FINRA)   Experience Roberts Brokaw has three decades of client-coverage and transaction investment banking experience, most recently…

William J. Chambers

Education & Credentials BA, Economics and History – College of Wooster MA and M. Phil., Economics – Columbia University Ph.D., Economics – Columbia University   Experience Bill Chambers is an Associate Professor Emeritus of Finance at Boston University’s Metropolitan College, where he joined the faculty…

Betsy J. Frauenthal

Education & Credentials BS, Biomedical Engineering – Duke University MBA, Health Care Management – Boston University Questrom School of Business   Experience Betsy Frauenthal has over 28 years of experience in health care management as an executive, consultant and educator. Her executive experience spans roles in…

R. Philip Giles

Education & Credentials MBA – Ohio State University MBA, Health Care Management – Boston University School of Management Ph.D., Business Economics – Columbia University   Experience Philip Giles is an Adjunct Professor of Finance and Economics at Columbia Business School, where he teaches courses in…

Donald H. Hunter

Education & Credentials BSBA – Boston University Questrom School of Business MBA – Boston University Questrom School of Business   Experience Donald H. Hunter has served as a director of The LGL Group, Inc. since March 2013 and as a director of Juniper Pharmaceuticals since…

Timothy Hurley

Education & Credentials BS, Civil Engineering – University of Notre Dame BA, General Studies – University of Notre Dame MBA – Columbia University   Experience Timothy Hurley is an investment banker with over three decades of experience. He has held senior positions with three major…

Bradford Jordan

Education & Credentials BS, Business Administration — University of Florida Ph.D., Finance — University of Florida   Experience Bradford D. Jordan is Professor of Finance and holder of the Richard W. and Janis H. Furst Endowed Chair in Finance in the Gatton College of Business…

Darren J. Kisgen

Education & Credentials BA, Mathematics & Economics – Washington University BS, Business Administration – Washington University Ph.D., Finance – University of Washington   Experience Darren Kisgen is an Associate Professor of Finance at the Carroll School of Management at Boston College. Prior to receiving his…

Barclay T. Leib

Education & Credentials A.B. – Princeton, Woodrow Wilson School of International & Public Affairs – Wilson Scholar graduate FINRA Series 7, 63, 65 Registered research-only RIA ACFE Certified Fraud Examiner (CFE) Chartered Alternative Investment Analyst (CAIA) Experience Barclay T. Leib, provides outsourced due diligence on…

Dennis E. Logue

Education & Credentials AB, English – Fordham University MBA – Rutgers University Ph.D., Managerial Economics, Finance and Marketing – Cornell University   Experience Dennis Logue is Professor Emeritus at the Amos Tuck School of Business Administration at Dartmouth College, and the Chairman of the Board…

Evgeny Lyandres

Education & Credentials B.A., Economics and Accounting – Ben Gurion University M. Sc., Finance and Accounting – Tel Aviv University, Recanati Graduate School of Business Administration M. Sc., Applied Economics – University of Rochester, William E. Simon School of Business Ph. D., Finance – University of Rochester, William E. Simon School of…

Donald M. May

Education & Credentials BSBA, Accounting – Roosevelt University Certified Public Accountant (CPA) – State of Illinois MBA, Finance – University of Chicago Ph.D., Financial Economics – University of Chicago   Experience Don May possesses over 25 years’ experience in consulting, valuation and litigation support as…

Susan Mangiero

Education & Credentials BA, Economics – George Mason University MA, Economics – George Washington University MBA, Finance – New York University Stern School of Business Ph.D., Finance – University of Connecticut Chartered Financial Analyst (CFA) Charterholder – CFA Institute Certified Financial Risk Manager (FRM) –…

Stanley D. Monsowitz

Education & Credentials BS, Math – City College of New York MS, Mathematics – Yeshiva University MBA – St. John’s University Ph.D., Mathematics (ABD) – New York University   Experience Stan Monsowitz has over 25 years of experience in back-office information systems design, due diligence,…

Brad Orelowitz

Education & Credentials Bachelor of Commerce – University of South Africa Honors Bachelor of Accounting Science – University of South Africa MBA, Finance – Boston University Questrom School of Business Certified Public Accountant (CPA) – Commonwealth of Massachusetts Experience Brad Orelowitz has almost 30 years of experience…

Paul Rosenbaum

Education & Credentials BS, Electrical Engineering – Cornell University MBA, Marketing – Harvard Business School Certificate of Advanced Engineering Study – Cornell University   Experience Paul Rosenbaum has five decades of experience in the fields of venture capital, private equity, technology, marketing, operations and business…

Gary R. Rotenberg

Education & Credentials BA, English – Columbia College JD – Hofstra University MBA – Columbia Business School Series 7, 63 and 66 Securities Licenses – Financial Industry Regulatory Authority (FINRA)   Experience Gary Rotenberg has worked in the financial services industry for over 25 years…

James K. Seward

Education & Credentials BS, Business Administration – Georgetown University MBA – University of Maryland Ph.D., Finance – University of Wisconsin-Madison Experience James K. Seward is an Associate Professor of Business Administration and the Prochnow Fellow in Finance at the Graduate School of Business at the…

Israel Shaked

Education & Credentials BA, Statistics – Hebrew University of Jerusalem BA, Economics – Hebrew University of Jerusalem MBA – Hebrew University of Jerusalem Doctor of Business Administration – Harvard Business School   Experience Israel Shaked is a Founder and Managing Director of The Michel-Shaked Group,…

Betty J. Simkins

Education & Credentials BS, Chemical Engineering – University of Arkansas MBA – Oklahoma State University Ph.D., Finance – Case Western Reserve University   Experience Betty J. Simkins, Ph.D., is the Williams Companies Chair of Business and a Professor of Finance in the Department of Finance…

Robert A. Strong

Education & Credentials BS, Engineering – United States Military Academy MS, Business Administration – Boston University Ph.D., Finance – Penn State University Chartered Financial Analyst (CFA) – CFA Institute   Experience Bob Strong is Professor of Finance and University Foundation Professor of Investment Education at…

Samuel C. Weaver

Education & Credentials BS, Economics & Finance – Lehigh University MBA – Lehigh University Ph.D., Business & Economics – Lehigh University Certified Management Accountant (CMA) – Institute of Management Accountants Certified Financial Manager (CFM) – Institute of Management Accountants   Experience Sam Weaver is Professor…

Christianna Wood

Education & Credentials BA, Economics (cum laude) – Vassar College MBA, Finance – New York University Chartered Financial Analyst (CFA) – CFA Institute Charter in Alternative Investments (CAIA) – CAIA Association   Experience Christianna Wood has deep experience in asset management and capital markets issues,...

MSG Represents MLB and Four Clubs in Diamond Sports Group Bankruptcy Litigation

The Michel-Shaked Group provided consulting and rebuttal expert testimony in the Diamond Sports Group (Diamond) bankruptcy proceeding. Diamond argued that the contract rates for local broadcasting rights between the Four MLB Teams and Diamond were unreasonable. Following a two-day bench trial in the United States Bankruptcy Court for the Southern District of Texas, Bankruptcy Judge Christopher Lopez ruled in favor of MLB and the teams, determining that that the contract rates were reasonable.

The DCF Valuation: Pre-, During and Post-Pandemic (Part I)

The Michel-Shaked Group’s Israel Shaked and Paul Dionne published Part I of a two-part article in the September 2023 issue of the American Bankruptcy Institute Journal which discussed the changes, if any, in the field of corporate valuation as a result of the pandemic. Specifically, this article focused on the discounted cash flow (DCF) method and how it may have been changed across the pre-pandemic, pandemic and post-pandemic time periods.

The Market Approach: Pre-, During and Post-Pandemic (Part II)

The Michel-Shaked Group’s Israel Shaked and Paul Dionne published Part I of a two-part article in the September 2023 issue of the American Bankruptcy Institute Journal which discussed the changes, if any, in the field of corporate valuation as a result of the pandemic. Specifically, this article focused on the discounted cash flow (DCF) method and how it may have been changed across the pre-pandemic, pandemic and post-pandemic time periods.

Common Valuation Errors: The DCF Methodology

The Michel-Shaked Group’s Luka Miladinovic and Brad Orelowitz published an article in the November 2024 issue of the American Bankruptcy Institute Journal discussing common valuation mistakes related to the Discounted Cash Flow methodology. The authors describe how seemingly trivial mistakes made during valuation can lead to drastic changes in a derived value of a company or an asset. Also, they provide a framework that could be utilized to prevent common valuation errors.