The Comprehensive Guide to Economic Damages, Seventh Edition
April 2023 Hardcover, PDF (501 pages)
Business Valuation Resources, LLC
Colvin v. Syrian Arab Republic
In wrongful death suit arising from extrajudicial killing of famed war correspondent, court credits plaintiff expert’s “reasonable estimate” of loss of prospective income and benefits but finds expert failed to offset amount by consumption costs; court asks for updated expert report.
Court Awards Loss of Income Damages Related to Acclaimed War Correspondent’s Killing
In wrongful death suit arising from extrajudicial killing of famed war correspondent, court credits plaintiff expert’s “reasonable estimate” of loss of prospective income and benefits but finds expert failed to offset amount by consumption costs; court asks for updated expert report.
Damages Calculation Admissible Under Facts Available to PI Expert
Court says P.I. expert properly based economic loss determination on plaintiff’s actual work situation at time of expert report instead of speculating about future earnings; testimony is helpful to jury because it explains issues not usually encountered.
Berman v. Unimin Corp.
Court says P.I. expert properly based economic loss determination on plaintiff’s actual work situation at time of expert report instead of speculating about future earnings; testimony is helpful to jury because it explains issues not usually encountered.
Damages Calculation Admissible Under Facts Available to PI Expert
Court says P.I. expert properly based economic loss determination on plaintiff’s actual work situation at time of expert report instead of speculating about future earnings; testimony is helpful to jury because it explains issues not usually encountered.
Green v. Polyester Fibers, LLC
Mississippi law requires discounting to present value, court says; court affirms its earlier exclusion of expert’s future lost compensation forecast because calculation was based on “total offset” method, which is disfavored in Mississippi.
Wrong Methodology Gets Lost Compensation Forecast Excluded
Mississippi law requires discounting to present value, court says; court affirms its earlier exclusion of expert’s future lost compensation forecast because calculation was based on “total offset” method, which is disfavored in Mississippi.
Mississippi High Court Rejects Earnings Capacity Approach
State high court says loss of future earnings calculation does not determine value of injured or dead person, but the sum that replaces the money the victim would have earned; court rejects earnings capacity approach and mandates use of actual income.
Rebelwood Apts. RP, LP v. English
State high court says loss of future earnings calculation does not determine value of injured or dead person, but the sum that replaces the money the victim would have earned; court rejects earnings capacity approach and mandates use of actual income.
Dr. Natheir Al-Hendawi v. Manjit Singh Sidhu
In Dr. Natheir Al-Hendawi v. Manjit Singh Sidhu, 2006 BCSC 522 (CanLII) (decided March 30, 2006), the Supreme Court of British Columbia calculated. the lost past and future earnings of a medical doctor resulting from an auto accident.