Prem M. Lobo

Principal | Cohen Hamilton Steger

Prem Lobo is a Principal at Cohen Hamilton Steger & Co. Inc. Prem specializes in the quantification of damages, business valuations and forensic accounting. His practice has been focused exclusively in this area since 2001. In 2013, Prem was named the “Top Chartered Business Valuator under 40” by the Canadian Institute of Chartered Business Valuators (“CICBV”) and in 2014 and 2016, he was awarded the Communicator Award by the CICBV. Prem is located in Toronto, Ontario, but his practice has encompassed various jurisdictions across Canada, the US, Europe, South America and the Caribbean. Prem was formerly an Associate Director in a major international consultancy’s Disputes and Investigations practice. Prem has been involved in the quantification of damages with respect to breach of contract, misrepresentation, intellectual property matters, class action lawsuits and expropriation proceedings, among other commercial matters. He has been involved in preparing business valuations for shareholder disputes, purchase price allocations, corporate acquisitions, tax litigations, and for various transactions. Prem has conducted forensic accounting investigations with respect to alleged fraud, accounting improprieties and non-arm’s length transactions, among others. Prem’s damages quantification, business valuation, and forensic accounting experiences have encompassed a diverse range of industries including manufacturing, oil and gas, software development, power generation, pharmaceuticals, financial services, real estate, retail and others. Prem has prepared or assisted in the preparation of numerous expert reports and affidavits and has qualified and testified as a forensic accountant, business valuator and loss quantification expert in Ontario, Quebec, Jamaica and the Eastern Caribbean Supreme Court. Prem is a frequent public speaker and writer, and has published articles and papers in numerous legal and accounting periodicals including the Journal of Business Valuation, CA Magazine, Business Valuation Digest, the Advocates’ Journal, Commercial Litigation Review and Class Action Defence Quarterly. Prem has taught accounting courses at the undergraduate and graduate levels at York University’s Schulich School of Business and the University of Ontario. Prem has authored or co-authored six accounting-related text books and study guides. Prem previously was a member of the Board of Directors of the Ontario Expropriation Association and currently is a member of the Board of Directors of the Sancta Maria House Agency which operates residential homes for young women.


Sessions

Damages experts are ever-more frequently being challenged on the reliability of their opinion evidence under the Daubert standard. One of the most commonly cited reasons for excluding experts is More