Lost Profits Archives - Advent Valuation Advisors

Lost Profits: Calculating the Damage

Lorraine Barton — Tue, 05 Oct 2021 14:29:58 +0000

Financial experts are often hired to measure economic damages in contract breach, patent infringement and other tort claims. Here’s an overview of how experts quantify damages, along with some common pitfalls to avoid. Estimating Lost Profits Where would the plaintiff be today “but for” the defendant’s alleged wrongdoing? There are three ways experts address that […]

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NY May Force Insurers to Pay Business Interruption Claims

colorpageadmin — Wed, 15 Apr 2020 20:44:20 +0000

It may be worthwhile to file a claim for coronavirus-related losses under your company’s business interruption insurance policy, even if the policy specifically excludes coverage for losses related to virus outbreaks. A bill introduced in the New York State Assembly would require policies that include business interruption insurance to cover interruption claims incurred during the […]

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Lost Profit Claims Face High Hurdles in NY

colorpageadmin — Thu, 06 Feb 2020 20:36:47 +0000

Lost profits claims are difficult to prove under New York law. This is particularly true for a new business, or an existing business entering a new market or line of business. A recent decision in a case heard in Arizona District Court – but involving a supply agreement governed by New York law – provides […]

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