This economic damages program will focus on a number of critical aspects to consider when calculating damages in a commercial litigation case. The first part of the program will deal with the following issues related to damage assessments:
- Measurement of damages
- Overview of damages
- “But for” concept
- Legal and other economic criteria to consider when proving damages
- Discussion of the lost profit model
- Discussion of the destruction of a business model
The latter half of the program will deal with an actual case of proving damages for a new business. The case focuses on an e-retailing business who in the past lost in excess of $25 million in venture capital money and never sustained a profit. The new business had six months of positive contribution margins. The case discusses the challenges of proving damages for the new business and the defense’s position that the damages were speculative and flawed.
The program will also include a review of the most recent case law on proving damages for a new business and the reasonable certainty standard in California.
Please join panelists Raymond G. Mullady, Jr., partner at Blank Rome LLP, and Jeff Litvak and Patricia Mazur of FTI Consulting’s Forensic and Litigation Consulting practice as they address these issues as well as your questions in this free webcast.
To attend this webcast (the live webcast is scheduled for Wednesday, October 2, 2013 at 1 pm Eastern), please register below.