BVR's Online Symposium on Litigation and Economic Damages: Part 10 Lost Profits Issues Unique to Government Contracts
Date: Tuesday, May 15, 2012
Time: 10:00am-11:40am PT / 1:00pm-2:40pm ET Format: A BVR Webinar
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It should come as no surprise that, as Patrick McGeehin and Daniel Johnson point out in The Comprehensive Guide to Lost Profits Damages for Experts and Attorneys, "lost profit disputes arise frequently in the government contracts industry." Yet the breadth and complexity of these claims may surprise many appraisers unfamiliar with this sector of the economy. From the government and contractor through sub-contractors, suppliers, and competing businesses, the depth of parties involved and the nature of their contracts can make assessing these claims very challenging, to say the least.
"Lost Profits Issues Unique to Government Contracts," part 10 of BVR's Online Symposium on Litigation & Economic Damages features expert appraiser McGeehin and attorney Johnson examining where the opportunities and pitfalls lie in assessing lost profits claims relating to government contracts. Their discussion will include a review of government contract types, how cost amounts factor into those contract vehicles, and what all attorneys and appraisers should know when reviewing a lost profits claim related to a government contract.
Agenda
Intro
Government Contracting Types
Fixed Price Contracts
Cost Reimbursable Contracts
Other Contract Types
Government Contract Cost Analysis
Full absorption versus variable/avoided cost allocation and analysis
Application of Government Contract principles to Lost Profits Disputes
Legal considerations in presenting lost profit cases
In general
Specific to government contracts
Case law examples
Conclusion
Learning Objectives
Learn how lost profits damages are assessed in the government contracts industry
Learn how different government contract types impact both the claim and analysis of lost profits
Learn how costs associated with contracts impact the lost profits claim
Learn how different entities, including the contractor, sub-contractor, supplier, and competitor may claim lost profits
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Prerequisites: Knowledge of Business Valuation Program Level: Advanced Preparation Required: None Delivery Method: Group Internet-Based Recommended CPE: 2 Credit Hours (Specialized Knowledge & Applications)
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In the 2011 edition Nancy Fannon, ASA, MCBA, CPA, ABV brings together the comprehensive body of knowledge on lost profits damages and delivers the definitive resource for financial experts and attorneys alike. Fannon and other leading experts provide thorough analysis of current case law and valuation methodology related to the calculation of damages.
The online version of the Guide provides 24/7 access from any Internet connection and the advantage of real time updates such as recently published court opinions, new articles by the author and other top professionals, conference presentations, podcasts, news and blog feeds, and much more! Plus, the online Guide is available in digital format and can be loaded onto any eBook reader.
Unjust Enrichment Tuesday, September 10, 2013 More information to come
Lost Profits in Early Stage Companies Tuesday, October 1, 2013 More information to come
Calculating Damages for Insured Claims Tuesday, November 5, 2013 More information to come
Forensics in Lost Profits Cases Tuesday, December 3, 2013 More information to come
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