How to calculate damages that can withstand a challenge

03/15/2013 | Fraud Files Blog, The

There are three court-accepted methods that experts can use to calculate damages with reasonable certainty. Even so, experts must be prepared to have their findings challenged. Opposing counsel can challenge issues such as the source of data and the use of estimates. Other minefields include a lack of operating history for businesses and the definition of reasonable certainty.

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Fraud Files Blog, The