Focuses on litigation damages, economic and non-economic, including punitive damages; their definitions, calculations, and assignments in the US and EU. This book examines areas of convergence and divergence in the academic and practical treatment of damages issues in the US and EU.

In 20 chapters, Formulas for Calculating Damages addresses basic rules and strategies - including calculating interest, measuring probability, the key rates of return, and financial ratios - and introduces the most fundamental formulas, then applies those formulas to the major practice specialties: personal injury and wrongful death, business cases, employment law, real estate, environmental law, bankruptcy, intellectual prop-erty, and family law.

An updated explanation of the methodology for how lost profits should be measured Now fully revised and updated, focused on commercial litigation and the many common types of cases, this is the only book in the field to explain the complicated process of measuring business interruption damages. The book features an easy to understand and apply, step-by-step process for how losses should be measured so as to be accurate and reliable and consistent with the relevant laws. With a new chapter on the economics of punitive damages, the new edition also explains detailed methods for measuring damages in contract litigation, intellectual property lawsuits, antitrust, and securities cases. This new Second Edition incorporates the latest developments in the fields of economics and accounting, while also integrating the most current changes in case law. Here's what you will find Each chapter includes new materials and updated content Added websites for sources of data Includes a website for updated tables that can be utilized by readers A section of the new cases involving Daubert challenges to economists Includes methods on how to do industry research A new section covering the equity risk premium and the various recent research studies, which set forth the debate on what the premium should be Containing exhibits, tables, and graphs, new cases involving Dauber, how to do industry research, equity risk premium, research studies on the marketability discount, anti-trust, punitive damages, and more, Measuring Business Interruption Losses and Other Commercial Damages, Second Edition incorporates the relevant literature and research that has come out in this field over the past four years.

This new reference work addresses the loss measurement issues confronted in catastrophic injury cases. The measurement of loss in such cases is an interdisciplinary effort involving the participation of many specialists including economists, rehabilitation counselors and therapists, health care providers, life care planners, attorneys, and others, including the patient and his or her family. This book is designed for all parties involved in catastrophic injury cases. Areas covered include the interdisciplinary nature of measuring loss, the role of the forensic economist in determining loss, working with life care planners and rehabilitation and vocational experts, impact of a reduced life expectancy, types of settlements including annuities, structured settlements and periodic payment judgments, and suggestions for building an expert damages team when working on this type of case. In this book, you'll find the information necessary to assess and derive a fair and accurate measurement that will, as fairly as possible, compensate the injured party and/or his or her family for his or her actual losses.Interdisciplinary nature of measuring loss The role of the forensic economist The roles of vocational and rehabilitation experts Overvieww of life care planning What is needed from life care planning experts Impact of reduced life expectancy Annuity contracts Structured Settlements Periodic payment judgments Building an expert damages team