Portrait of Mohammed Khalil, CFA

Mohammed Khalil, CFA : Partner

Mohammed offers his clients an impartial and independent approach when it comes to expert evaluation.

Mohammed leads the Oxera teams working on commercial disputes, international arbitration, and state aid cases, and has acted as a named expert in a number of litigation and state aid cases in various jurisdictions. Mohammed has been named in Who’s Who Legal: Arbitration – Future Leaders.

On the commercial disputes and international arbitration side, Mohammed has vast experience in damages quantification and the preparation of compelling expert reports and testimonies on a range of cases involving breach of contract, contract termination and lost profits, reputational harm, and shareholder disputes. Mohammed was recently appointed as a named expert in litigation cases dealing with corporate valuations in the energy sector and shareholder disputes in the financial services sector.

On the state aid side, Mohammed leads the Oxera teams advising clients on state aid matters across a number of sectors, including transport, energy, real estate, R&D, and sports clubs and infrastructure. He has advised clients on the application of the market economy operator principle (MEOP) and the compatibility of aid assessment. Mohammed has published articles and presented at various conferences on state aid matters.

Mohammed speaks English, Arabic, and French.

Tel: +44 (0) 20 7776 6681

Mohammed's specialisms include:

professional experience

  • Acting as a named expert in assessing the damages suffered by investors as a result of fraud committed by a multinational bank based in Scandinavia (2020–)

  • Leading the Oxera team in an Investor–State arbitration relating to the quantification of damages suffered by investors in solar PV plants due to the actions of a European government (2020–)

  • Leading the Oxera team advising two different EU member states on the state aid compliance of large financial schemes to support struggling businesses due to the COVID-19 pandemic (2020)

  • Acting as a named expert in assessing the appropriateness of the cost of capital assumptions in the context of a fairness opinion (2019–)

  • Leading the Oxera team valuing a top European football club on behalf of its previous owner in a dispute with the club’s new owners (2019–)

  • Leading the Oxera team advising a UK retailer in its labour dispute with a workers union on a pay increase (2019)


  • Robins, N. and Khalil, M. (2016), ‘The Bitter Side of Illegal Tax Sweeteners: State Aid Investigations of Corporate Tax Arrangements’, Concurrences, 19 December.

  • Robins, N., Khalil, M. and Taneja, V. (2016), ‘Tax arrangements under the State aid spotlight: the case of Apple’, Informa Comp Law Blog, 23 November.


  • MPhil Finance and Economics, University of Cambridge, UK

  • BA Economics, American University of Beirut, Lebanon

  • BSc Mathematics, American University of Beirut, Lebanon

  • Mohammed Khalil is a CFA® charterholder

Latest Insights:  Mohammed Khalil

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The COVID-19 pandemic has caused large-scale disruptions to the global economy. One consequence is the emergence of commercial disputes following terminations or breaches of contracts during the pandemic. What challenges…
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The COVID-19 pandemic has had a major impact on businesses across the world. Many have turned to their insurance providers to claim compensation under their business interruption (BI) insurance. However,…

Navigating Merger Control

Together with Skadden and ThoughtLeaders4, Oxera is delighted to invite you to join us on Tuesday 4 June, along with senior members of the EU and UK judiciary and competition authorities, to discuss the current complexities in navigating merger control. Click here to register for the… Read More

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