Zhou 082
Personal Interests

Dr. Zhou is a valuation, corporate finance, and accounting expert with more than 15 years of consulting experience. He specializes in the application of finance, accounting, and taxation principles in a variety of consulting and litigation settings for financial institutions (banking and insurance) and companies in the utility, energy, and pharmaceutical industries. He often advises clients on investment risk analysis and valuation, regulatory policies in the financial industries, bankruptcies, and tax controversies including multinational corporation’s transfer pricing disputes.

Dr. Zhou has served as a consulting expert in several high-profile securities, bankruptcy, and tax litigation matters and has supported academic experts in various stages of the litigation. He primarily focuses on high-stake transfer pricing disputes, the economic analysis of structured finance transactions, and economic substance tests of complex tax transactions. His most recent experience includes leading Brattle’s support of two experts in Nortel’s ongoing bankruptcy allocation and claims proceedings, valuing complex derivatives in a contract termination dispute for Barclays, and providing economics justification for an unsettled tax position on credit derivatives in Ambac’s bankruptcy resolution.

Representative Engagements
March 13, 2017
Michael I. Cragg, Jehan deFonseka, Lawrence Powell, and Bin Zhou
Published in Tax Notes, Volume 154, Number 11

This report finds that newly-proposed tax legislation aiming to defer the recognition of affiliated offshore reinsurance for U.S. tax purposes will negatively impact businesses and consumers in the United States.

February 27, 2017
Michael I. Cragg, Jehan deFonseka, Bin Zhou, and Lawrence Powell

This is an excerpt from the report titled “The Impact of Offshore Affiliate Reinsurance Tax Proposals on the U.S. Insurance Market,” originally published on January 23, 2017. This excerpt is focused the economic impact of the border adjustment provision contained in the Republican’s Blueprint tax reform proposal.

January 23, 2017

This report finds that newly-proposed tax legislation aiming to defer the recognition of affiliated offshore reinsurance for U.S. tax purposes will negatively impact businesses and consumers in the United States.

October 2016
Funded by MetLife, Inc.

A whitepaper discussing the role of life insurance as a critical driver of economic growth that helps provide stability for the U.S. economy while delivering financial protection to millions of American families.

The Interaction of Managerial and Tax Transfer Pricing
January 21, 2016
Published in Bloomberg BNA Tax Management Transfer Pricing Report

The authors examine the differences between transfer prices used for tax and for management purposes, emphasizing the need to explain the differences to tax authorities who may question the company’s motives.

The Implications of Transfer Pricing in Bankruptcy
May 29, 2015
Bin Zhou and Steven D. Felgran
Published in Bloomberg BNA
Statistical review of U.S. macronutrient consumption data, 1965-2011: Americans have been following dietary guidelines, coincident with the rise in obesity
May 2015
Evan Cohen, Michael I. Cragg, Bin Zhou, Jehan deFonseka, Melanie Rosenberg, and Adele Hite
Published in the Nutrition journal
Reducing Rate Shocks
June 2013
Published in Public Utilities Fortnightly
Utility Accounting and Financial Analysis: The Impact of Regulatory Initiatives on Accounting and Credit Metrics
October 29, 2012
Presented at EUCI, Denver, CO
Control Premiums / Minority Discounts Recent Cases and Economic Evidence
October 18, 2012
Presented for The Knowledge Congress Webcast Series
Economic Considerations in Litigation Against the Credit Rating Agencies
April 2012
Bin Zhou and Pavitra Kumar
Published by The Brattle Group, Inc.
Cost of New Entry Estimates For Combustion Turbine and Combined-Cycle Plants in PJM
August 24, 2011
Prepared for PJM Interconnection
Defining Market Manipulation in a Post-REMIT World
June 2011
Published by The Brattle Group, Inc.
The Impact Of HR 3424 On The US Insurance Market
July 22, 2010
Published in Insurance Law360
Risk-Adjusted Damages Calculation in Breach of Contract Disputes: A Case Study
Frank C. Graves, Bin Zhou, Melvin Brosterman, and Quinlan Murphy
Published in Journal of Business Valuation and Economic Loss Analysis
Litigation Facing the Private Equity Industry
Atreya Chakraborty, Bin Zhou, and Michael S. Weisbach
Published by The Brattle Group, Inc.

Bin is a member of a number of professional associations, including the American Economic Association, the American Finance Association, the Western Finance Association, and the National Association for Business Economics.