Prof. Jack F. Williams

Principal, PhD, JD, CIRA, CDBV · +1 (770) 206 2415

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Jack has over 30 years of experience in bankruptcy and financial distress-related matters, and fraud and forensic investigations, providing consultation and expert witness services in the areas of business restructuring, bankruptcy and insolvency taxation (federal, state, and local), public finance, fiduciary duties and governance issues, directors and officers (D&O) liability matters, related-party transactions, intercompany transfers, international asset concealments, fraudulent transfers, remedies, forensic accounting and fraud investigations, and commercial and intellectual property (IP) damages modeling.

He has served in a fiduciary role or as a consultant and testifying expert witness in numerous national and international bankruptcy and insolvency proceedings and national and international commercial disputes. 

Jack is a tenured professor at Georgia State University College of Law and the Middle East Studies Center in Atlanta, Georgia, where he teaches and conducts research in the areas of business reorganizations, forensic accounting and financial investigations, mergers and acquisitions, corporate finance, taxation, and law and statistics.

He is presently the Resident Scholar of the Association of Insolvency & Restructuring Advisors (AIRA) and served two terms as the American Bankruptcy Institute (ABI) Resident Scholar.  In these roles, he has researched a range of forensic investigation, fiduciary duty and governance issues, solvency, distressed business valuations, profit and profitability assessments, and international asset concealment schemes.

Jack has testified before US House and Senate Committees and Subcommittees, and Georgia House and Senate Committees and Subcommittees.

In the News

Served as an examiner or financial advisor to the examiner in large bankruptcy cases:

  • In re Residential Capital, LLC, et al., financial advisor to the examiner, the Hon. Arthur J. Gonzalez.
  • In re Petra Fund REIT Corp., et al., examiner.
  • In re Lyondell Chemical Company, et al., examiner

Served as an expert witness/consultant in large international and national bankruptcy and insolvency proceedings:

  • In re Seadrill Limited, et al., financial advisors to the Disinterested Directors of the Board of Directors of Seadrill Limited. Expert testimony by declaration.  Subject matter included valuation, related party transactions, potential fraudulent transfers, potential breach of fiduciary duties, and damages.
  • In re Caesars Entertainment Operating Company, et al., financial advisor to the Special Governance Committee. Expert testimony by declaration.  Subject matter included valuation, related party transactions, potential fraudulent transfers, potential breach of fiduciary duties, and damages.
  • In re Energy Future Holdings Corp., et al., financial advisor to the Indenture Trustee for certain notes issued by Energy Future Holdings Corp.  Expert report, testimony by deposition and trial testimony regarding valuation, taxation, confirmation of Plan of Reorganization.
  • In re Sabine Oil & Gas Corporation, et al., financial advisors to the Independent Committee of the Board of Directors.  Expert report, testimony by deposition and trial testimony regarding solvency and reasonably equivalent value.
  • Tronox Incorporated, et al., v. Anadarko Petroleum Corporation and Kerr-McGee Corporation, et al., litigation support on behalf of plaintiff.  Expert report and testimony by deposition and trial.  Subject matter included reasonably equivalent value, damages, market evidence of insolvency.
  • Adelphia Communications Corp., et al., v. FPL Group, Inc. and West Boca Security, Inc., litigation support on behalf of defendant.  Expert report and testimony by deposition and trial regarding reasonably equivalent value.
  • ASARCO, LLC v. Sterlite (USA), Inc. and Sterlite Industries (India) Ltd. (In re ASARCO, LLC, et al.), litigation support on behalf of defendant.  Testimony by deposition and at trial regarding damages.

Served as an expert witness/consultant in other large cases:

  • Hoyd v. Trussway Holdings, LLC, Court of Chancery of the State of Delaware, litigation support on behalf of the defendant.  Expert testimony in trial regarding valuation for appraisal rights.
  • In Support of Georgia Power Company’s Seventeenth Semi-Annual Vogtle Construction Monitoring Report, Georgia Public Service Commission.  Retained by Georgia Power to provide expert testimony in an administrative proceeding regarding the reasonableness of actions taken by Georgia Power in light of Westinghouse Electric Company LLC and certain of its affiliated companies’ bankruptcy filing.
  • New Jersey Department of Environmental Protection, et al., v. Occidental Chemical Corporation, et al., Superior Court of New Jersey Law Division – Essex County.  Retained by YPF, S.A., YPF Holdings, Inc., and YPF International, S.A. Provided expert report, testimony by deposition regarding alter ego, asset stripping.

Other experience:

  • Served as a liquidating trustee, special master, arbitrator and mediator
  • ­Authored 19 books or chapters and over 200 articles and essays
  • Resident Scholar, Association of Insolvency and Restructuring Advisors (2004-present)
  • Resident Scholar, American Bankruptcy Institute (2001, 2008-2009)
  • Fellow, American College of Bankruptcy (2004 – Present)
  • Fellow, St. John’s University School of Law Bankruptcy Policy Institute (2016 – Present)
  • Top 25 Business Consultants, Consulting Magazine (2012)
  • American Bankruptcy Institute Annual Service Award (2010)
  • Top Ten Bankruptcy Academics in the United States (Turnaround & Workouts Journal)
  • Top Ten Bankruptcy Accounting & Taxation Specialists in the United States (Turnaround and Workouts Journal)
  • American Accounting Association
  • American Bankruptcy Institute
  • American College of Bankruptcy
  • American Economic Association
  • American Institute of Archaeology
  • American Statistical Association
  • Association of Certified Fraud Examiners
  • Association of Insolvency and Restructuring Advisors
  • Commercial Law League of America
  • Government Financial Officers Association
  • National Native American Bar Association
  • Pennsylvania Bar Association
  • Texas Bar Association
  • ­Georgia Department of Human Services, board member (Gubernatorial Appointee)
  • American Bankruptcy Institute, Co-Chair, Veterans and Servicemembers’ Task Force

Location

Georgia

Education

Doctor of Philosophy

University of Leicester

Juris Doctor, High Honors, Order of the Coif

George Washington University

Bachelor of Arts, Economics

Omicron Delta Epsilon, Economics Honor Society

University of Oklahoma