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How-to guidance for measuring lost profits due to business interruption damages A Quantitative Approach to Commercial Damages explains the complicated process of measuring business interruption damages, whether they are losses are from natural or man-made disasters, or whether the performance of one company adversely affects the performance of another. Using a methodology built around case studies integrated with solution tools, this book is presented step by step from the analysis damages perspective to aid in preparing a damage claim. Over 250 screen shots are included and key cell formulas that show how to construct a formula and lay it out on the spreadsheet. Includes Excel spreadsheet applications and key cell formulas for those who wish to construct their own spreadsheets Offers a step-by-step approach to computing damages using case studies and over 250 screen shots Often in the course of business, a firm will be damaged by the actions of another individual or company, such as a fire that shuts down a restaurant for two months. Often, this results in the filing of a business interruption claim. Discover how to measure business losses with the proven guidance found in A Quantitative Approach to Commercial Damages.

An updated explanation of the methodology for how lost profits should be measured Now fully revised and updated, focused on commercial litigation and the many common types of cases, this is the only book in the field to explain the complicated process of measuring business interruption damages. The book features an easy to understand and apply, step-by-step process for how losses should be measured so as to be accurate and reliable and consistent with the relevant laws. With a new chapter on the economics of punitive damages, the new edition also explains detailed methods for measuring damages in contract litigation, intellectual property lawsuits, antitrust, and securities cases. This new Second Edition incorporates the latest developments in the fields of economics and accounting, while also integrating the most current changes in case law. Here's what you will find Each chapter includes new materials and updated content Added websites for sources of data Includes a website for updated tables that can be utilized by readers A section of the new cases involving Daubert challenges to economists Includes methods on how to do industry research A new section covering the equity risk premium and the various recent research studies, which set forth the debate on what the premium should be Containing exhibits, tables, and graphs, new cases involving Dauber, how to do industry research, equity risk premium, research studies on the marketability discount, anti-trust, punitive damages, and more, Measuring Business Interruption Losses and Other Commercial Damages, Second Edition incorporates the relevant literature and research that has come out in this field over the past four years.

The aim of this book is to summarize the current most effective methods for modeling, simulating, and optimizing metal forming processes, and to present the main features of new, innovative methods currently being developed which will no doubt be the industrial tools of tomorrow. It discusses damage (or defect) prediction in virtual metal forming, using advanced multiphysical and multiscale fully coupled constitutive equations. Theoretical formulation, numerical aspects as well as application to various sheet and bulk metal forming are presented in detail. Virtual metal forming is nowadays inescapable when looking to optimize numerically various metal forming processes in order to design advanced mechanical components. To do this, highly predictive constitutive equations accounting for the full coupling between various physical phenomena at various scales under large deformation including the ductile damage occurrence are required. In addition, fully 3D adaptive numerical methods related to time and space discretization are required in order to solve accurately the associated initial and boundary value problems. This book focuses on these two main and complementary aspects with application to a wide range of metal forming and machining processes. Contents 1. Elements of Continuum Mechanics and Thermodynamics. 2. Thermomechanically-Consistent Modeling of the Metals Behavior with Ductile Damage. 3. Numerical Methods for Solving Metal Forming Problems. 4. Application to Virtual Metal Forming.

The term ‘collateral damage' has recently been added to the vocabulary of military forces to refer to the unintended consequences of armed interventions, consequences that are unplanned but nevertheless damaging and often very costly in human and personal terms. But collateral damage is not unique to the world of armed intervention – it is also one of the most salient and striking dimensions of contemporary social inequality. The inflammable mixture of growing social inequality and the rising volume of human suffering marginalized as ‘collateral' is becoming one of most cataclysmic problems of our time. For the political class, poverty is commonly seen as a problem of law and order – a matter of how to deal with individuals, such as unemployed youths, who fall foul of the law. But treating poverty as a criminal problem obscures the social roots of inequality, which lie in the combination of a consumerist life philosophy propagated and instilled by a consumer-oriented economy, on the one hand, and the rapid shrinking of life chances available to the poor, on the other. In our contemporary, liquid-modern world, the poor are the collateral damage of a profit-driven, consumer-oriented society – ‘aliens inside' who are deprived of the rights enjoyed by other members of the social order. In this new book Zygmunt Bauman – one of the most original and influential social thinkers of our time – examines the selective affinity between the growth of social inequality and the rise in the volume of ‘collateral damage' and considers its implications and its costs.