New York, NY, April 21, 2021 – Computing damages in business interruption cases requires thorough knowledge of the research and practices in diverse areas of expertise, such as general and forensic accounting, litigation economics, and business law. The third edition of Measuring Business Interruption Losses and Other Commercial Damages provides a detailed methodological framework for measuring lost profits for the purpose of determining damages in business interruption lawsuits and related types of commercial damages. Written by a leading expert in applying economics and finance to litigation, this authoritative volume examines every critical aspect of commercial damages analysis.
Designed for practical use, this volume enables you to quickly find information on a specific topic without needing to read the entire volume—nor does it require that you complete preceding chapters to understand your selected reading. Divided into two parts, the book first provides deep coverage of business interruption damage analysis, including the lost-profits estimation process and time-value of money considerations. Part Two examines intellectual property, securities-related damages, antitrust damages, and various other types of common commercial damages.
Correctly measuring commercial damages involves a broad range of interdisciplinary knowledge. Accountants, for example, will find the book’s economic topics highly useful. Acknowledging that few readers are experts in every discipline, the author provides accessible overviews of specialized topics throughout the text. This book emphasized the important role that economics plays in damages calculations. Experts are given a thorough demonstration of the key roles that macroeconomics, microeconomics and finance plays in commercial damages analysis. This knowledge is invaluable for experts who testify in commercial lawsuits.
Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach, 3rd Edition is an indispensable resource for anyone working in the field of commercial damages, offering invaluable guidance on the vital economics issues that are relevant to so many different types of cases.
About Dr. Patrick A. Gaughan:
Dr. Patrick A. Gaughan is President of Economatrix Research Associates, Inc. He was formerly a tenured full professor of economics and finance, at the graduate level, at the College of Business at Fairleigh Dickinson University in New Jersey. He was also a professor at the University of International Business and Economics in Beijing, China. Dr. Gaughan has published extensively in the fields of economics and finance. He has authored and/or edited numerous books including the award-winning Mergers Acquisitions and Corporate Restructurings 7th edition (John Wiley & Sons, 2018). In addition, he has published numerous articles in journals such as the International Review of Law and Economics, Journal of Forensic Economics, Journal of Legal Economics and Journal of Corporate Accounting and Finance. Dr. Gaughan has testified as an expert on damages and valuation numerous times in Federal and State courts.
About Economatrix Research Associates, Inc.:
Economatrix Research Associates, Inc. is an economic and financial consulting firm with a team of leading authorities in litigation and forensic economics and finance. Their highly credentialed experts are current and former professors in the fields of economics, finance, mergers and acquisitions and business valuations. They are prominent authorities in measuring business interruptions losses and have helped establish the proper methodologies in this field for the past 35 years.
For more information, please visit www.economatrix.com.
To purchase Measuring Business Interruption Losses and Other Commercial Damages: An Economic Approach please visit www.wiley.com.
Economatrix Research Associates, Inc.
5 Penn Plaza, 19th Floor
New York, NY 10001
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