If your business experiences an interruption or loss of income, will you know what’s recoverable?
Not every hit to the bottom line is recoverable. The rise of ride hailing services like Uber and Lyft may result in lost income for airport parking lots, but that’s not likely an insurable loss. The ravages to the agricultural industry of North and South Carolina in the wake of Hurricane Florence are a different story. Millions of chickens and thousands of pigs were lost. Disposal of carcasses and the clean-up of flooded waste lagoons will be needed before livestock can be replaced. Sorting through what is recoverable and what is not will be the first step to restoring operations.
If your business has suffered an interruption or lost income, consider contacting Asterion. Our experienced consultants can help you determine your losses and document your claims.
Are you underestimating the value of your brand?
The strength and resilience of certain retail brands is remarkable. Toys R Us just canceled a bankruptcy auction. Lenders have plans to start over, beginning with pop-up stores in time for this year’s holiday shopping season. They are not the only brand making a comeback. At the end of August, FAO Schwarz announced that it would be returning to Rockefeller Center later this year.
If it’s time for you to take another look at the value of your brand, Asterion’s skilled IP professionals are ready to assist you.
FYI
A class action has been filed against Ticketmaster and LiveNation for allegedly encouraging scalpers to drive up ticket prices. If a class gets certified, keep an eye out for your claim form.
Trends We’re Watching
Despite the aging U.S. population, nursing homes are closing.
GE’s struggles demonstrate the continuing need for professionals with strong turnaround skills
On the Lighter Side: Discoveries
Use two of our recent favorite interactive maps to plan a leaf-peeping trip or discover your state’s most profitable industry. Meet the newest addition to the brontosaurus family. (Discoveries like this are why some of us wanted to be fossil hunters when we grew up.)
Plus, drunk birds knocking themselves out in Minnesota—more than an NFL issue.
The Thread Recommends: Eating pie for breakfast, then taking a walk. When you’re out and about, just be careful when you take that selfie.
Spotlight on Business Interruption and Lost Income Services
Asterion, Inc. (“Asterion”) has extensive experience in the quantification of economic damages incurred from business interruption and various lost income events.