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Morrison & Company has the experience and
expertise to calculate damage claims. Damage claims arise
when one party believes that either the actions of another
or a fortuitous act have caused them economic harm. For example,
critical newspaper articles, explosions, defective products,
terrorist activities, fires and hurricanes can cause, or be
alleged to have caused, economic harm. Often, these cases
involve the calculation of lost profits or the diminution
of business value. To calculate the appropriate damages, our
accountants and valuation experts assess the facts, analyze
financial information and apply the appropriate financial,
economic and valuation theories. Attorneys, corporations and
insurance companies have used our services relative to alleged
lost profits, contract disputes, product liability, losses
from breach of warranties, covenants not to compete and breach
of contracts.
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