THE FIRM



HERMAN BENNETT CONSULTING provides companies and governments with economic reports, expert witness services, and advice. Our practice areas are valuation, damages, regulation, and technology.


Our main deliverable: well-supported and convincing arguments in litigations, tax audits, and regulatory proceedings. Our clients value our approach and have trusted us with high-value cases.


Each project is personally led by Herman Bennett, PhD in Economics from MIT with ample experience in testifying. He has served as an expert witness in civil and tax courts, arbitrations, constitutional court, SII tax audits, sectoral appeals, and regulated price reviews.



PRACTICE AREAS & SAMPLE CASES



VALUATION / DAMAGES






1. Estimated the damages of a breach of contract, which affected ticket sales of a concert on high demand. Our report was presented in civil court.


2. Assessed the proportionality of a consumer-protection fine. Our report was part of a constitutional challenge.


3. Estimated the market value of an OTC commodity derivative. Our report was presented in an SII tax audit.


4. Advised a family office on valuation matters related to a restructuring. Our input allowed them to identify tax audit risks.



REGULATION






1. Quantified the responsibility of a utility firm in a break of service. Our report was presented in a class action lawsuit.


2. Helped an important commercial distributor respond to a request for information from the competition authorities.


3. Evaluated a spectrum allocation study. Our report was part of an appeal to the telecom regulator.


4. Assessed the cost-advantages of Uber type taxies. The study was requested by the governmental authority and was used to design the regulation of the industry.



TECHNOLOGY






1. Evaluated a blockchain project in the financial sector. Analyzed market size, regulations, and the provision of liquidity. Designed the operational flow in the blockchain.


2. Helped an IoT firm to identify its advantages over competitors and to define its sales strategy.


3. Economic Advisor of a startup developing a Suptech solution.


4. Talks on technology and its impact on business and regulation. [Videos]



OUR PHILOSOPHY



The building blocks of our work: LISTEN, ANALYZE, SYNTHETIZE & COMMUNICATE.



"[I found the report] very convincing and well grounded, it transmits trust, ...It doesn’t take anything for granted and guides you well to the conclusions."



Tax Partner at Law Firm in Tier 1 of Legal 500



"[The report] is very clear and sound."



Chief Legal Officer at a Mining Company



"We received excellent comments on your presentation. It was very well received by the audience and by all our team."



President of a Retail Company



"We consider that [the report] provides a very clear exposition of the issues and has sound conclusions."



Dispute Resolution Associate at Law Firm in Tier 4 of Legal 500



"[Your advice] heavily influenced my last months and how I am now making my decisions."



Entrepreneur



MORE ABOUT HERMAN BENNETT


PhD in Economics from MIT and Ingeniero Comercial from PUC-Chile. Former Economist at the IMF, the Central Bank of Chile, and Chile's Ministry of Economy. Principal Consultant on more than 40 projects. Extensive experience in valuing assets, damages, and contracts. Also, in drafting and applying regulations. Author of financial norms in Chile’s Consumer Protection Law. Leader of the team that redesigned Chile’s Insolvency Law for Firms (the new law has increased creditors’ recovery rate from 30% to 45%). Professor of Finance, Statistics, and Econometrics for more than 15 years in the US, Chile, and Mexico. Former Visiting Professor of Public Policy at Harvard Kennedy School and currently Professor of Transfer Pricing at UAI Law School.


contact@hbconsulting.cl


Video editing: Lavanchy Prod.

Marketing & Brand PR: LeGarage

© HERMAN BENNETT CONSULTING

2021



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