Profile

Min is an expert in the fields of financial valuation and damages quantification. She has provided expert opinion regarding the quantum of damages in many commercial litigation and international arbitration cases, and assessed the solvency status of various companies. She has testified in the High Court of Justice in London, the Royal Court in Jersey, and the Intermediate People’s Court of Nanjing Municipality in China, and before ICC-, LCIA-, SCAI- and UNCITRAL-administered arbitrations in London, Paris and Zurich. Before joining Oxera in 2010, Min worked in the finance practice of CRA International, a global economics consultancy firm based in the USA, doing mostly valuation work in the context of securities class action lawsuits and bankruptcy cases. Min is an Associate Fellow at the Saïd Business School (2020‒22 and 2010‒11), and was a Lecturer in Economics at Queen’s College in 2010‒11, both at the University of Oxford, UK, where she has also taught various finance and economics classes. She was previously Assistant Professor of Finance at the Business School of the University of Wisconsin–Madison, USA. Min is on the Governing Board of Oxera, and is listed as an Expert Witness in Who’s Who Legal – Arbitration and Who’s Who Legal Consulting Experts.

Project experience in the last three years

  • Submitted an Expert Report to a tribunal under the rules of Arbitration of the ICC in Paris in relation to the losses suffered by the local distributor due to the alleged early termination of the supply contract (2019)
  • Submitted an Expert Report to the Amsterdam Court of Appeal in relation to the losses suffered by a joint venture partner due to an alleged breach of contract by the other joint venture partner concerning the construction and sales of hydropower in Albania (2019)
  • Submitted two Expert Reports to the Honorable High Civil Court of the Kingdom of Bahrain in relation to a tax dispute between a European investor and the Ministry of Finance of Bahrain (2019)
  • Submitted two Expert Reports to, and testified in front of, a tribunal under the rules of International Arbitration of the SCAI in Zurich regarding the damages caused by the alleged failure of disclosure by an Italian bank (2018–19)
  • Submitted three Expert Reports to, and testified in front of, a tribunal under the rules of Arbitration of the International Chamber of Commerce in Paris regarding the damages caused by the alleged breach of a Share Purchase Agreement in relation to the sale of a telecoms company in Africa (2018–19)
  • Submitted an Expert Report to, and testified in front of, the Intermediate People’s Court of Nanjing Municipality in China in relation to the FRAND royalty rates of certain SEPs in the telecomms sector (2018–19)
  • Submitted an Expert Report and three Supplement Reports to the High Court of Justice in London (Case no. CL-2016-000049) regarding the damages suffered by a private equity firm in the context of capital-raising by a global bank (2017–19)
  • Submitted three Expert Reports and a Joint Expert Report to, and testified in front of, a tribunal in an UNCITRAL-administered arbitration in London on behalf of a European company regarding the damages it suffered due to a breach of contract by a Middle Eastern company (2017–19)
  • Submitted an Expert Report to a tribunal in an UNCITRAL-administered arbitration in London on behalf of a US pharmaceutical company in relation a Manufacturing and Supply Agreement it had with a manufacturer (2018)
  • Submitted an Expert Report and a Joint Experts’ Report to, and testified in front of, the Royal Court of Jersey regarding the future inflation and growth rates in Jersey and the UK in a personal injury case (2018)
  • Submitted an Expert Report to a tribunal under the rules of Arbitration of the GCC Commercial Arbitration Centre regarding the damages arising from a breach of an Overland Transportation Contract (OTC) (2018)
  • Submitted an Expert Report to the Federal Court of Australia (Case no: NSD 414/2016, NSD 957/2015, NSD 1020/2014, NSD 1018/2014, NSD 1344/2015) regarding the damages suffered by the investors of a set of complex financial instruments prior to the global financial crisis (2018)
  • Submitted an Expert Report and two Supplemental Expert Reports to, and testified in front of, a tribunal in an ICC-administered arbitration in London on behalf of an international company in Italy against an EPC contractor based in the Middle East and North Africa region (2015‒18)
  • Submitted an Expert Report and two Supplemental Expert Reports to, and testified in front of, a tribunal in an ICC-administered arbitration in London on behalf of an international construction company (2015‒18)

Selected publications

  • Niels, G., Noble, R. and Shi, M. (2014), ‘Economic experts on trial: Can courts rely on the evidence?’, Global Competition Review, 14 April.
  • Griffin, J., Shi, M. and Cox, R. (2011), ‘Estimating Damages in Class Action Securities Litigations’, chapter 10, in Securities Handbook.
  • Svensson, J. and Shi, M. (2006), ‘Political budget cycles: Do they differ across counties and why?’, Journal of Public Economics, 90:8–9, September, pp. 1367–89.
  • Svensson, J. and Shi, M. (2003), ‘Political Budget Cycles: A Review of Recent Development’, Nordic Journal of Political Economy, 29, pp. 67–76.

Qualifications

  • PhD and MA Economics, Harvard University, USA
  • BA International Economics, Beijing University, China
  • Min Shi is a CFA® charterholder