LOST PROFITS EXPERT WITNESS

LOST PROFITS EXPERT WITNESS

LOST PROFITS WITNESS EXPERTISE LOST PROFITS EXPERT CALCULATION FORMULA LOST RPOFIT DAMAGE MESURE EXPERTISE

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.