A loss of profits expert witness is by definition an individual with an expertise on estimating and evaluating financial and economic damages resulting through a disruption in business operations that has resulted through diverse factors, such as negligence acts, sabotage, accident, pandemic lockdown or breach of contract.
A loss of profits expert witness is an acting professional with knowledge and track record in business interruption in case there is a litigation and an accountant opinion is required to show via a calculation and a formula that measure estimated loss of revenues caused by the defending party due to wrongful or illegal conduct.
A loss of profits witness expertise is crucial during the Covid 19 pandemic period the entrepreneur of a business (shop restaurant, café or hotel) suffered losses during the lockdown due to lack of turnover.
The financial loss or business interruption expert witness provides with a second opinion to that of the insurance companies that may refuse to compensate a policy holder of an insurance to prevent profit losses.
LIST EXPERT WITNESSES EXPERT FEES TRAINING QUALIFICATION MENTAL HEALTH PROFITS LOSS WATER FLOODING DROUGHT FIRE LENDING EXPERTS VOCATIONAL EXPERTISE DISABILITY DENTAL CARE CAR MOTORCYCLE SCHOOL SAFETY MEDICAL MALPRACTICE CONSTRUCTION BURGLARY NATURAL DISTATER WORKPLACE ACCIDENT TRAVEL FOR TAX DISPUTE PARENTING EXPERT FORENSIC UNITED STATES UNITED KINGDOM CANADA AUSTRALIA NEW-ZEALAND SOUTH AFRICA INDIA REAL ESTATE LIFE SETTLEMENT TESTAMENTARY CAPACITY CHINA NURSE EXPERT WITNESS INTERNATIONAL EXPERT FRANCE EXPERT