Commercial Damages Assessment Services
Complex litigation can be a strain on the energy and productivity of an organization. Our team of forensic accounting and litigation support professionals ease this burden with services designed to guide you smoothly through the litigation process. Over the years, our professionals have worked on, and testified in, many hundreds of litigation matters. Our depth of experience gives us a basis for unique and insightful solutions to complex situations.
When a lawsuit involves the assessment of economic damages, an independent analysis is often required. Our team of forensic accounting experts regularly consult with clients and their attorneys on economic damage issues including claims for lost profits, lost business value, excess costs, unjust enrichment, solvency/insolvency and other accounting and finance related liability issues. We also regularly assist clients with contract accounting, change order pricing, termination settlements, and equitable adjustments.
Whether plaintiff or defendant, the issue of damages, is critical to the decision to litigate or settle. A claim for damages based on methodologically accepted, sound, well researched analyses supported by accounting, financial, economic and market data, enhances the litigant's position. A speculative or methodologically flawed or untested claim and/or claim having ignored available accounting, financial, economic and market data, weakens the litigant's position.
Analyzing damages stemming from commercial disputes is an area in which The BERO Group excels. Our consultants have the technical expertise and experience to analyze complex situations, assist with discovery, and render effective independent professional opinions, and expert testimony in court proceedings. Our professionals include CPA's Certified in Financial Forensics, Certified Valuation Analysts, and Certified Fraud Examiners with significant experience analyzing damages in all manner of actions including business devastation, breach of contract, torts, construction disputes, and intellectual property infringement.
Economic Damages Analysis
• Analysis and assessment of damages
• Determination of appropriate damage theories
• Address lost profits, increased costs and diminution of assets and business value
• Assistance with discovery and depositions
• Electronic discovery
• Expert witness testimony
• Lost Profits
• Lost Business Value
• New Business Lost Profits
• Should have been entity purchase price
• Point of Insolvency
• Reason(s) for Insolvency
• Patent, Trademark, Brand and Copyright value
• Contract / lost contract value
• Insurance defined business interruption claims
• Accounting Interpretations