FEATURED ARTICLES BY DR. STANLEY STEPHENSON

5/28/2013· Construction

Assessing Damages Arising From Construction Defects

By: Dr. Stanley Stephenson

Defects that were introduced during construction can lead to classic legal disputes between owners and contractors where considerable sums of money are involved.

4/17/2013· Damages

Computing Lost Profits in Business Interruption Litigation: A General Model

By: Dr. Stanley Stephenson

This paper focuses on business interruption litigation and how to compute lost profits as a remedy. The main contribution of the paper is development of a general model of economic damages which assesses lost profits by measuring the incremental changes in revenue, variable costs, and fixed costs.

3/15/2013· Damages

Proving Damages in Trademark Cases

By: Dr. Stanley Stephenson

Proving damages in trademark litigation-typically lost profits or disgorgement of the defendant's profits-generally involves citing the infringer's sales of the infringing product.

1/30/2013· Construction

Building Defects Can Derail Your Deal

By: Dr. Stanley Stephenson

Defects introduced in construction can lead to classic legal disputes between owners and contractors, especially when considerable sums of money are involved. What can a commercial mortgage broker learn from these disputes? What risks and potential rewards might arise?

11/26/2012· Damages

Lost Profits Damages to New Businesses: Adjusting for Survival

By: Dr. Stanley Stephenson

Survival risk of new businesses is a challenging issue to incorporate into lost profits analyses used in litigation, an issue some financial experts and courts ignore rather than consider explicitly. This paper considers several ways to make qualitative and quantitative adjustments for the survival rates of new businesses.

10/25/2012· Damages

Determining the Value of Household Production as a Component of Economic Damages

By: Dr. Stanley Stephenson

The forensic financial expert may be familiar with assessing lost profits, earnings capacity, or even valuing a business, but what is the expert to do about damages arising from lost ability to engage in non-market work? In a personal injury, wronful death or similar tort cases, physical limitations may restrict market and non-market work the latter forming the basis for an additional source of damages.