Quantifying economic losses when mitigating circumstances come into play
$225.00
Description
Abstract: It’s easy to focus on quantifying a plaintiff’s economic losses during a trial and overlook the duty to mitigate damages. But the plaintiff does bear some responsibility for taking reasonable steps to avoid or minimize damages. This article looks at a case in which a printing company’s failure to mitigate damages by pursuing an inexpensive option resulted in its claim being denied. For a damages expert, estimating the impact of various mitigation alternatives requires considerable professional judgment.
Additional information
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Newsletter | Valuation & Litigation Briefing / Litigation & Valuation Report |
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