• Litigation Consulting - QuickRead Top Story

    Book Review: Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach

    June 3, 2026

    Published in 2020 by John Wiley & Sons, the third edition provides a practical and methodical discussion of economic concepts, analytical frameworks, and litigation issues commonly encountered in damages analysis. Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach by Patrick A. Gaughan is a valuable technical reference for professionals involved in business interruption and commercial damages engagements. Business interruption damages engagements often require forensic accountants and litigation experts to evaluate “but-for” financial outcomes under uncertain circumstances. These counterfactual analyses involve projecting what a business would have earned absent a loss event and comparing those expected results to…

  • QuickRead Top Story - Valuation/Appraisal

    Back to Basics

    September 23, 2020

    COVID-19’s Impact on Micro and Small Business Valuation As summer comes to an end, while COVID-19 remains a concern, business owners have resumed contemplating their succession and growth strategies. What have valuation analysts learned? In this article, the author shares additional questions that business valuation practitioners should be asking. The hysteria from the huge unforeseen social and economic changes arising from COVID-19 is starting to fade. For business valuators that means we are seeing our normal valuation processes and procedures, with modifications, are sufficient to value micro and very small businesses with revenues under 10 million dollars. These modifications mean…

  • Case Law - Litigation Consulting - QuickRead Top Story

    Unique Circumstances When Calculating Lost Profits

    June 13, 2018

    Reliability of Client’s Data This article discusses how experts can handle the unique situation of receiving unreliable data. Litigation and appraisal literature will be reviewed as will the author’s handling of unreliable data in a recent lost profits case. In the end, warning signs will be reviewed to alert the expert to potential problems with the projected data.