About
David is a Partner and has been based since 2016 in the Singapore office of Accuracy which he established.
He has extensive experience in providing advice and support to clients in various situations, including disputes, crisis and transactions.
David joined Accuracy in 2005 shortly after the inception of the company, prior to this he spent three years with the EY teams in Paris.
Overall, David has gained more than 20 years of experience in forensic accounting, due diligence and valuation. He is regularly involved in expert witness assignments and has given evidence in proceedings under the SIAC, HKIAC, ICC and ICSID Arbitration Rules. He has coordinated numerous due diligence projects across the globe and has carried out reviews encompassing both technical and financial issues on major infrastructure and construction projects.
David speaks English and French.
Qualifications
- Engineering Master’s degree from Ecole Centrale Paris, 2002
Rankings
In-depth expertise
Litigation and arbitration
David has been appointed on numerous occasions as an independent expert witness for matters involving valuation of shares or other assets, quantification of loss of profits, business interruption losses and M&A related disputes. He has been cross examined numerous times in proceedings under SIAC, HKIAC, ICC and ICSID Arbitration Rules, as well as ad hoc arbitration and before the Singapore High Court.
David is featured in Who’s Who Legal (now Lexology Index) since 2023 and is ranked as a Future Leader in Arbitration Expert Witnesses.
Transaction and valuation
David has performed buy-side and sell-side due diligences in South-East Asia, mainland China, Australia and New Zealand across a variety of industries (hospitality and retail, aerospace and defence, technology, logistics, communication).
He also regularly carries out non-contentious valuations of shares and intangible assets in Singapore and the region
Project advisory
David regularly carries out financial reviews of large construction projects (margin slippage analysis, impact of delays, estimate to complete assessment, forensic review).
Forensic accounting
David has been involved in several high-profile investigations following the unveiling of fraudulent activities, both in Europe and Asia.
Example of engagements
Litigation and arbitration
- Appointed as expert for valuation of shares following an aborted transaction in mainland China.
- Appointed as expert for the quantification of lost profits in a dispute pertaining to a distribution contract between a US manufacturer and a Chinese distributor in the chemical industry.
- Appointed as expert for the quantification of damages in a dispute pertaining to a distribution contract in the manufacturing sector in Singapore.
- Appointed as expert for the quantification of loss of profits in an ongoing dispute pertaining to a subcontracting agreement in the defence sector in Singapore.
- Appointed as expert for the quantification of damages on a dispute related to a franchise agreement between US and Japanese parties.
- Appointed as expert for the quantification of damages in a dispute pertaining to a franchise agreement in the retail sector.
- Appointed for shares and asset valuation in the context of the termination of an entertainment venue infrastructure contract in Singapore.
- Appointed as expert in relation to quantum and loss of profits in a construction dispute in Malaysia.
- Appointed as expert for the quantification of business interruption losses for a major tourist attraction in Singapore.
- Appointed as expert for the quantification of damages on a construction dispute related to a tunnelling project in Singapore.
- Appointed as expert to opine on working capital adjustments in relation to a post-transaction dispute.
- Appointed as expert for the quantification of loss of profits on a dispute relating to the termination of a JV in India.
- Appointed as expert for the quantification of damages for a dispute relating to an EPC project in India for a chemical plant.
Transaction and valuation
- Carried-out numerous buy-side Due Diligences in Singapore and across South-East Asia and Pacific within various industries (hospitality, software industry, packaging, logistics, manufacturing, tech).
- Carried-out numerous buy-side Due Diligences projects on US-based targets in the field of Aerospace and Defence.
- Prepared several carved-out financial statements and associated Vendor Due-Diligence reports in the context of large assets disposals.
- Carried out valuation projects in the context of M&A transactions (sell-side and buy-side).
Project advisory
- Managed business plan/financial models review or preparation for various public project tenders (Europe, Singapore).
- Coordinated the audit and development of cost allocation models for large public/private entities.
- Advised governmental bodies on returns model structuring for the development of large assets.
Forensic accounting
- Performed several forensic reviews on the subsidiaries of European MNCs following the unveiling of suspicious transactions in their local entities (China, Thailand).
- Investigated misreporting issues in a JV (South-East Asia).
- Assisted police investigations and prepared a quantification of damages valuation report in a large fraud scheme (Europe).