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Litigation Consulting
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Update
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Forensic Accounting - Fraud - Business Valuation
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October 2009
Feature Article:
"Business Interruption: Case Example and Lessons Learned"
Business interruption matters are never a pleasant experience. Since insurance is a vital element of the recovery from a disaster, the use of experts to facilitate the insurance reimbursement is often necessary to arrive at a fair and reasonable conclusion. This article provides some simple lessons about business interruption and the use of outside experts to achieve a fair settlement (click here for complete article).
Practice Profile:
Litigation Consulting Services for Business Interruption
As part of Arxis Financial's "Litigation Consulting" practice, we regularly work with attorneys on business interruption matters. Business interruption refers to loss of income resulting from a temporary shutdown, destruction of property, fire or other peril. Typically insurance coverage is purchased to protect against such business expenses and loss of income. Since insurance policies differ significantly as to their terms and conditions, we are often asked to assist either the insured or insurer in the appropriate method of calculating the loss.
Arxis Financial's business interruption work involves quantifying the financial and economic issues, evaluation of the opposing party's claims, assistance in preparation of deposition and cross-examination questions, document request lists, other discovery assistance, analysis and calculation of damages, preparation of trial exhibits, and expert witness testimony. Clients are pleased with Arxis Financial's abilities to clearly, persuasively, and accurately present economic and financial arguments.
Partner Profile:
The Litigation Consulting practice is headed by partner Chris L. Hamilton, CPA, CFE, CVA, DABFA. Mr. Hamilton is a Certified Public Accountant, Certified Fraud Examiner, Certified Valuation Analyst, and a Diplomate with the American Board of Forensic Accounting. He is a licensed life and disability insurance agent and a General Securities Representative. Mr. Hamilton has published articles in several publications, and has made presentations at national conferences, training institutes and seminars on topics including forensic accounting, fraud and business appraisal.
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Copyright 2009 Arxis Financial. Articles may not be reprinted without permission.
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Litigation Consulting
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Forensic Accounting - Fraud - Business Valuation
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Clients know us for results. Opposing counsel know Arxis for wishing they had hired us.
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