Luke Steadman
Litigation Support Guide 2024
Band 1 : Forensic Accountants
Band 1
About
Provided by Luke Steadman
Practice Areas
Mr. Steadman is a Managing Director in Alvarez & Marsal’s Disputes and Investigations practice with more than 25 years of experience as a forensic accounting expert across Europe, Asia, the Middle East and the United States. Mr. Steadman specialises in accounting expert evidence for international arbitration and domestic litigation. His written and oral evidence has included considerations of quantum and damage; valuation of assets and businesses; the accounting treatment of complex transactions under International, US and UK Accounting Standards and Principles; and the application of International Auditing Standards. He has worked on matters across a wide range of industries.
Mr. Steadman is co-chair of the firm’s International Arbitration practice and has acted as both party-appointed and tribunal-appointed expert on more than 50 matters in the past five years and has provided both solo and concurrent oral evidence in hearings under ICC, LCIA, Hong Kong, Stockholm, Dubai and other Arbitration Rules.
As an expert in accounting and valuation, Mr. Steadman also provides evidence in domestic courts and has appeared in the High Court on many reported occasions. He continues to receive instruction in High Court matters and has also appeared as an expert on accounting concepts and principles in the First-tier Tax Tribunal.
Mr. Steadman also has experience of complex accounting investigations and asset recovery matters. He led accounting investigations on both sides of the Atlantic on behalf of UK companies, insurers, and investors, and in the U.S gained considerable experience in dealing with U.S. regulators and prosecutors following allegations of fraud and accounting irregularities at major U.S. companies. In Asia, Mr. Steadman acted as an expert in a high-profile failed investment scheme, while in the UK he saw regular appointments by the Secretary of State as Inspector in matters of insider dealing and in the conduct of statutory company investigations under UK legislation.
Professional Memberships
Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW)