Measuring Business Interruption Losses and Other Commercial Damages

MEASURING BUSINESS INTERRUPTION LOSSES AND OTHER COMMERCIAL DAMAGES SECOND EDITION Computing damages in business interruption lawsuits requires a sound knowledge of fields such as litigation economics, forensic accounting, and law. Now, one comprehensive volume has been developed for practitioners in this field specifically for dealing with the diverse demands presented by commercial damages analysis. The only book in this field to explain the complicated process of measuring business interruption damages-whether caused by wrongful acts of defendants in lawsuits or natural disasters- Measuring Business Interruption Losses and Other Commercial Damages, Second Edition provides a comprehensive framework for how such losses should be measured. The areas covered in this updated second edition include: Recent developments in the courts on damages Selecting a damages expert and challenging an opposing expert Understanding the role of the economy in business interruptions Doing an industry analysis to support or refute loss claims Methods of projecting lost sales Computing the costs of lost sales to arrive at lost profits Discounting to present value and addressing risk This book then goes on to show how damages are measured in important specialized areas such as: Intellectual property litigation, including patent, copyright, and trademark cases Securities litigation, including fraud on the market, mergers and acquisitions, and broker-related damages Antitrust litigation, including how markets are defined and ways of measuring anti competitive behavior Economics of punitive damages, with discussion on the various effects caused by imposing punitive damages on corporate defendants Clearly written, this major contribution's self-contained chapters are an invaluable resource for the various busy practitioners working in this area.