In many commercial disputes, the proper measure of damages is lost profits. Easily stated, the loss would be the profit that the injured party would have earned "but for" the alleged wrongdoing of th
In my 20-plus years of assessing damages in personal and business disputes, I have been involved in many different types of cases. In some cases, discovery takes a scorched-earth approach, and in oth
In personal injury and wrongful death matters, economic losses associated with a loss of earnings capacity and fringe benefits are claimable. Fringe benefits are typically a category of offerings by
In medical malpractice cases filed in Pennsylvania, there is often a claim for future life care plan costs
People will tell you that a life is priceless. But in a practical sense, a life has both economic and non-economic value to individuals, loved ones and friends. In the damages world, the value of a l
Calculating damages related to an impaired business can be a difficult task. No one has a crystal ball regarding the future. However, the valuation approach allows for a supportable and hopefully rea
From a cost-benefit analysis, the defense's total out-of-pocket cost to hire a damage expert in all cases where significant damages are sought would likely not even approach the potential reduced awa
The calculation of claimable economic damages in Pennsylvania is generally guided by case law and statutes applied to the specific facts of a case. Depending on the case, different damage remedies ma
On Jan. 25, the Federal Reserve System issued a statement indicating that it currently anticipates economic conditions ? including low rates of resource utilization and a subdued outlook for inflatio
Calculating the economic loss to an estate and its survivors is done differently in most states. Jurisdictional statutes and case law provide the framework for how this calculation is made in a parti
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