How will you handle the financial aspects of a complicated loss?
Liability for some injuries can be hard to prove, making the imposition of damages more difficult. A recent Arizona decision broke new ground with a verdict for a child who suffered brain-damage from a specific form of poultry-borne salmonella. Litigation has just begun against fertility clinics where the alleged failure of storage systems may have caused the destruction of frozen eggs and embryos. Even in the recent collapse of the Florida pedestrian bridge which resulted in at least six deaths, damages might seem straightforward, but liability may not be clear.
Asterion has evaluated and quantified claims for both plaintiffs and defendants in complex cases. If you require an expert to determine lost earnings, consider contacting us.
Have you stress-tested your business lately?
Rising interest rates, significant debt, and changing business models can cause distress for businesses in many sectors of the economy. IHeart Media has sought Chapter 11 protections to deal with billions in debt. The age of the Toys R Us kid is ending, as the chain shifts from restructuring to a liquidation strategy. Changes to the Whole Foods distribution model are adversely affecting some regional suppliers.
Asterion’s consultants have extensive experience in helping businesses in distress. You may want our assistance at the first sign of trouble. Or, if it has become necessary, we have the skills and expertise to help you through a reorganization/restructuring process.
Trends We’re Watching
Fighting back against counterfeiters
There may be a place for rights holders to partner with customs to stop counterfeiters; and in what may be a first, Chanel is suing a second-hand retailer over alleged counterfeit goods.
On the Lighter Side: Snack Do’s and Don’t’s for Work and Home
Here are some healthy snacks for the office, foods you should never eat at your desk, and bedtime bites to eat before you turn out the lights.
The Thread Recommends: Avoiding deferred maintenance—it could cost you millions; and celebrating today, the first day of spring, with free DQ and water ice.
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.