Areas of Expertise
- Bankruptcy Advisory Services
- Bankruptcy Litigation
- Complex Commercial Litigation
- Disputed Valuations
- Due Diligence
- Fiduciary Services
- Financial Restructuring
- Forensic Accounting
- IP Damages
- Litigation Strategy
- Solvency Opinions
- Chemical / Petro-Chemical
- Financial Institutions
- Hotel and Resorts
- Real Estate
- Retail & Restaurants
- AstroTurf LLC
- Fairfield Residential LLC
- BP Deepwater Horizon Oil Spill Litigation
- JMV Fixed Income Arbitrage Performance Partners, Ltd
- BBA McGill University
- Graduate Degree McGill University
- 20 Years with Firm
- 33 Years of Relevant Experience
Ian Ratner, Co-Chief Executive Officer of B. Riley Advisory Services, is a CPA with approximately 30 years of experience in Public Accounting, Forensic Accounting, Business Valuations, Due Diligence Services, Corporate Finance and Bankruptcy Consulting. Ratner co-founded GlassRatner (now doing business as B. Riley Advisory Services) in 2001 with Ron Glass and has been instrumental in building the firm into one of the leading multi-office financial advisory services firms in the country, ranked on numerous occasions by the Bankruptcy Insider and TheDeal.Com as one of the top Crisis Management and Restructuring Firms in the nation. In 2018, GlassRatner was recognized by The National Law Journal and Corporate Counsel as one of the country's top Forensic and Litigation Support providers. In 2018 GlassRatner merged with B. Riley Financial.
Prior to founding the firm, Ratner held senior leadership positions with Kroll, Inc., a worldwide risk mitigation firm, and the Financial Advisory Services (FAS) practice at Ernst & Young.
Ratner has a diverse practice that covers most of B. Riley Advisory Services lines of business. In the Bankruptcy & Restructuring area, he has represented borrowers and lenders in and out of formal bankruptcy proceedings. He has led the firm's efforts on behalf of many Creditor Committees including the Creditor Committees in Nationwide Furniture and Mattress Wholesalers; Value Music Concepts, Inc.; Adventure Parks Group LLC; The Billing Resource, dba Integretel; Fairfield Residential, which was one of the country's top multifamily developers; and AstroTurf LLC which resulted in a successful sale of the business as a going concern to a foreign buyer, to name a few.
During the real estate meltdown of 2007 to 2010, Ratner led a variety of real estate (multi-family, retail, condo development and homebuilder) debt restructuring assignments for both single asset/single lender and multi-bank/multi-asset credit facilities, where the face value of the outstanding debts ranged from tens of millions of dollars to billions of dollars. These real estate assignments included supporting the restructuring of the Related Group -one of the nation's largest condo developers headquartered in Miami-and leading the restructure of John Wieland Homes, a major homebuilder headquartered in Atlanta.
Ratner has been appointed Special Master, Receiver, Chapter 7 Trustee, Liquidating Agent and Advisor to Independent Arbitrators and is a trusted Fiduciary. One of his most exciting and high-profile assignments in this area involved being appointed Receiver by the High Court of Anguilla related to several hedge funds whose ownership was disputed. He led an international asset tracing investigation and coordinated a complex series of international multi-jurisdictional lawsuits to ultimately recover tens of millions of dollars on behalf of their rightful beneficiaries. Other significant Caribbean assignments included the investigation of the collapse of CL Financial Limited for the Central Bank of Trinidad and Tobago, whose holdings included CLICO, the largest Caribbean insurer, the largest bank in Trinidad and Tobago, and numerous U.S. real estate investments.
In addition, Ratner has significant experience in the financial services & fund area. Notable assignments include being retained as the solvency expert in the SageCrest LLC bankruptcy and overseeing the wind-down of several hedge funds and alternative asset funds.
Notwithstanding Ratner's proven track record as a Bankruptcy & Restructuring Advisor, he is better known as an Expert Witness in complex commercial litigation cases, fraud investigations and solvency-related valuation disputes. He has testified at trials, arbitrations, and depositions on approximately 150 occasions and has worked on matters throughout the United States and Caribbean for law firms, governmental agencies and Fortune 500 companies. He has been retained as a forensic accounting, damages and valuation expert on behalf of countless household names such as UPS, Kodak, PNC Bank, BB&T, HCA, FMNA, Dell, Delta, Equifax, CIBC World Markets, AT&T, Blue Cross Blue Shield, Bellsouth, Verizon, Cingular Wireless, the City of Atlanta, Emory University, University of Kansas, GE, NCR and Honeywell to mention a few. He is often called on for high stakes litigation such as his role as an expert witness on behalf of the Special Receiver in Livent, Inc. v. Deloitte & Touche LLP, various plaintiffs in the Engle Progeny-Tobacco Litigation, or his role as an expert on behalf of the Department of Justice in the penalty phase of the BP Deepwater Horizon Oil Spill Litigation. Finally, due to his diverse background, financial acumen and facilitative nature, he has been called on many times to advise shareholders, Boards and other corporate stakeholders.
Mr. Ratner is a CPA, an ASA (Accredited Senior Appraiser, Business Valuation Section of the American Society of Appraisers), a CFE (Certified Fraud Examiner) and holds the ABV designation for CPAs Accredited in Business Valuation granted by the AICPA. He is an accomplished public speaker on a variety of topics such as due diligence, bankruptcy litigation and business valuations. He has led more than 120 CLE programs and training seminars for law firms around the country and professional conferences such as the ABI (American Bankruptcy Institute), Southeastern Bankruptcy Workshop, the AIRA (Association of Insolvency and Restructuring Advisors), VALCON, several AICPA conferences and university classes. Ratner has been interviewed on the Nightly Business Report, Fox Business and featured in the ABF Journal. He holds graduate and undergraduate business degrees from McGill University in Montreal, Quebec. Mr. Ratner co-authored a Wiley textbook called Business Valuation and Bankruptcy in 2009 and was inducted as a Fellow in the American Bankruptcy College in 2010.
For 2017, 2018, 2019 and 2020, Ratner has been recognized as one of the Top Individual Expert Witness—Economic by the Daily Report in their "Best of" edition. In 2017 and 2018, he was named as one of the Top 100 Restructuring & Turnaround Professionals by the Global M&A Network.