Valuing Lost Lives
The loss of a loved one is in most ways incalculable. However, when liability can be determined in a death or serious injury, establishing lost earnings is an indispensable element of a damage calculation. In the case of Junior Seau, the San Diego player who died in 2012, his family recently reached a separate settlement of their wrongful death action after opting out of the NFL concussion class action. For the survivors of the newlyweds and young parents whose lives were cut short in a New York state limousine crash a few weeks ago, lost earnings may be the last thing on their minds, but will be essential to their ability to rebuild their lives.
If your case requires a lost earnings calculation, consider contacting Asterion. Our consultants have the expertise your need to make your damage claim complete.
If your business experiences an unexpected loss, how will you respond?
Whether your business is in the start-up phase or a long-established entity, an unplanned loss can be devastating to your livelihood. Recent events in the food industry illustrate this point. Earlier this month, a Brooklyn food business incubator closed. More than 150 small businesses were impacted. In Philadelphia, some area farmers allege they were left unpaid when the Reading Terminal Fair Food stand closed recently. A New York hotel has sued a restauranteur for allegedly misrepresenting revenues in order to secure a location on the hotel’s premises.
Determining damages in commercial matters requires experts like those at Asterion, who are experienced and cost-effective. Consider contacting us the next time you need assistance.
FYI
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Spotlight on Lost Earnings Claims
Asterion, Inc. (“Asterion”) has experience in the quantification of economic damages sustained by businesses, individuals and families who have suffered lost earnings resulting from tort and contractual claims, including personal injury, wrongful death and wrongful termination.