Commercial Damages
At The DMC Group, we use a rigorous approach to calculate commercial damages. Our methods are tailored to address specific types of damages, such as loss of profits, erosion of goodwill, or diminution of business value. We use industry-leading techniques that are applicable to both publicly traded entities and closely-held businesses. Our team discerns the most suitable approach based on the nuances of the case, ensuring that our calculations not only stand up in court but also provide our clients with a comprehensive understanding of the financial implications of their litigation.
The Need for Commercial Damage Analysis
Calculating commercial damages is necessary when one party believes that they have incurred financial loss due to an event or action, and they seek compensation or restitution for the alleged harm. This could arise from breaches of contract, unfair business practices, negligence, or other disruptive events that affect a company's revenues or reputation. The goal is to determine the discrepancy between the actual financial position post-event and the projected position had the event not occurred, while balancing between accurate estimations and reasonable assumptions.
Learn More
For more information about our commercial damages services, contact us to speak to an accounting professional today.