Loss of earnings

Task - Evaluate major claim for lost profits

Procedure - Reviewed damage claim to determine validity; analyzed underlying assumptions and performed regression analysis

Result - The Arbitrator determined that claimant had failed to prove damages to “a reasonable degree of certainty”; rejected lost profit claim.

Contract dispute

Task - Prepare claim for plaintiff

Procedure - Reviewed records, interviewed personnel, calculated $20 million claim

Result - Favorable settlement before trial

Product liability

Task - Evaluate business interruption claim in excess of $15 million due to explosion at oil refinery allegedly caused by faulty equipment

Procedure - Researched petroleum pricing and market; requested appropriate documentation and data; analyzed inventory, capacity, and product exchanges

Result - Knowledge of the industry resulted in settlement for a fraction of the claim

Personal injury – Wrongful death

Task - Determine expected future earnings

Procedure - Analyzed current and projected future earnings and benefits for work and life expectancy

Result - Jury awarded $23.5 million; in addition to out-of-court settlement of $15 million

Negligence action

Task - Determine validity of $20 million claim of warehouse distribution center

Procedure - Regression analysis and auditing functions; evaluated competition in industry

Result - Settlement for less than 30% of claimed amount

Antitrust litigation

Task - Locate assets in North America of defaulting foreign defendants

Procedure - Performed conventional audit steps, traced corporate relationships, reviewed subsidiaries’ records

Result - Liquid assets in excess of $100 million were attached by our client’s attorney

Defense of product liability

Task - Evaluate $5 million claim for lost profits of plaintiff due to alleged faulty product

Procedure - Audited books and records; investigated market of products; gross exaggerations discovered

Result - Claim settled for $50,000

Matrimonial

Task - Prepare a lifestyle analysis (evaluation of historical spending and saving); identify and evaluate couple’s assets

Procedure - Uncovered undisclosed assets through investigative means; helped prepare case for trial

Result - Client awarded substantial alimony and asset settlement

Insurance allocation

Task - Verify allocation of asbestos claims incurred over 45 years

Procedure - Recalculated opposing consulting firm’s allocation to our client, who was one of dozens of insurance companies in coverage block

Result - Our client was able to show that the opposing consulting firm’s allocation was incorrect and was able to delay payment of millions of dollars for several years