David Bart, CIRA, CDBV

Consultant

Chicago, IL

David Bart has over 35 years of experience assisting individuals, businesses, and their counsel in complex matters from investigations and general consulting to commercial litigation. Assignments include business and strategic analysis, forensic investigation, operational assessments, restructuring, bankruptcy, workouts, and commercial litigation. Clients include public, private, and nonprofit/not-for-profit entities. David has provided financial and litigation consulting services and testimony involving business viability/feasibility, valuation, commercial damages, solvency analysis, fraudulent transfers, forensic accounting, and financial investigations. Engagements include matters in the U.S. Bankruptcy Court, U.S. District Court, State Court, arbitration, and mediation proceedings.

Experience

­ Areas of expertise include advisory and testimony services in strategic planning, feasibility analysis, financial and economic analysis, investigative accounting, statistical analysis, and business valuation for both profit and non-profit entities.

­ Services have resulted in business and financial restructuring, development of business and strategic plans, successful negotiation of credit support as well as successful litigation outcomes. 

­ Clients include plaintiffs, defendants, committees, and other parties.

­ David has served as a named expert witness and as a financial and valuation litigation consultant.

­ He has served in the role of litigation/post-confirmation trustee, assignee for the benefit of creditors, post-closing arbitrator, and court-appointed independent auditor.

Thought Leadership

­ Former Chair and former President of AIRA, Chair of AIRA’s Technical Issues and Standards Committee, and Co-Editor of the AIRA Journal.  The primary author of AIRA’s Standards for Distressed Business Valuation.

­ Former Chair of ABI Litigation Trust Task Force and primary author of Practitioner’s Guide to Liquidation and Litigation Trusts.  Co-author of Developing The Evidence: Using Prospective Financial Information in Bankruptcy and Other Litigation for Valuation, Damages, and Other Applications.

­ Author of numerous articles and presentations and teaches seminars in his fields of expertise.

Education

· University of Chicago: M.B.A. (Finance & Accounting)

· University of Chicago: B.A. (Anthropology & Statistics)

Certifications

· CIRA, CDBV, ASA, ABV, CFE

Industry Involvement

· American Bankruptcy Institute

· Association of Insolvency & Restructuring Advisors

· Association of Certified Fraud Examiners

· American Society of Appraisers

· American Institute of Certified Public Accountants

· Illinois CPA Society