In personal injury cases, the term loss of income refers to wages or employment benefits that are lost as a result of the injury that has caused the personal injury claim.... read more →
The starting point for most business interruption claims is determining lost sales. The lost sales calculation establishes the foundation for deriving the cost of sales and the lost profits. Lost... read more →
In today’s economic environment, everyone is looking for value. In my experience, I have found that the earlier the forensic accountant is involved in the claim process, the more value... read more →
Businesses are experiencing an unprecedented disruption as a result of the coronavirus pandemic, COVID-19. In many states, all businesses except those deemed essential have been shut down causing substantial, and... read more →
When a company suffers an interruption, they may generate actual sales subsequent to the event and those actual sales will usually be less than the projected But-For sales during the time... read more →
Business interruption, is the temporary cessation of business operations on either a partial or complete basis, as the result of a specific and sometimes catastrophic event. In terms of insurance... read more →
Forensic Accountants are often asked to assist attorneys and insurance companies in the quantification of economic losses resulting from personal injury, wrongful death or lost employment. Individuals are assets that can... read more →
Loss of Household Services Defined Household services represents a concept that is often difficult to define. If an injured person cannot perform household services for him or herself, the injured... read more →
As with most cases, many of the disputes that arise in estimating damages for lost personal income can be resolved by applying the basic damages framework. Damages are the difference... read more →
Damages Quantification Damages quantification operates on the premise that the defendant is liable for damages from the defendant’s harmful act. The plaintiff is entitled to recover monetary damages for losses... read more →