William P. Hrycay

William P. Hrycay, CFA is associate director of NERA Economic Consulting’s Global Securities andFinance Practice in New York. He specializes in expert analysis relevant to bankruptcy litigation and litigation pertaining to complex securities. Mr. Hrycay has performed analyses in complex litigations related to bankruptcies, valuation disputes, derivative securities, mergers and acquisitions, and other complex financial matters. His areas of expertise include analysis of business enterprise valuation, equity valuation of public and privately held companies, analysis of debt and synthetic credit ratings, valu-ation of options, warrants and complex financial instruments, structured products and credit derivative instruments, financial benchmarking, analysis of business plans as prepared by company management, investment banks, consultants, or other third parties for reasonableness and reliability, and the use of illiquidity and marketability discounts and premium for controlling interest, as applicable. Prior to joiningNERA, Mr. Hrycay was a vice president at Duff & Phelps in its Dispute Consulting Practice, where he managed numerous projects related to litigation pertaining to bankruptcy, fraudulent conveyance, merg-ers and acquisitions, mortgage-backed securities, fairness opinions, business valuations, joint ventures, lost profits, management options, and cross-border inter company debt. He also managed other projects concerning valuation of carve-outs, liquidity stress testing for financial institutions, goodwill impairment testing, purchase price allocations, and tax valuations. Mr. Hrycay received his B.A. in economics from Wesleyan University and his M.B.A. in finance from New York University.