Every day, situations occur where recoverable business losses
can arise. These include:
(a) Business interruption, due to fire, theft, product
liability, etc.
(b) Breach of contract and/or fiduciary duty (including torts
and negligence)
(c) Expropriation
(f) Patent or intellectual property infringement
(g) Predatory pricing and dumping
Quantifying such business losses for the purposes of recovery of
the losses encompasses a very broad spectrum of analysis for an
accounting expert. At the root of any analysis of losses is the
concept of restoration. The objective is to quantify the difference
between what could have been earned had a particular incident not
occurred and what will likely be earned as a result.
