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The Reasonable Certainty Requirement in Lost Profits Litigation—Best Practices for Proving Your Damages Calculation(170608A_N) |
Course CPE: 2 hour(s) Field(s) of Study: Business Law–2 hrs Program Level: Advanced Prerequisites: Good knowledge of topic and experience in the field. Advanced level programs are often appropriate for seasoned professionals within organizations; however, they may also be beneficial for other professionals with specialized knowledge in a subject area. Advanced Preparation: None Delivery Method: Self-Study |
Item
Number: 17PFFCHI0608A
Shipping Weight: 0lbs. 0oz. |
Price:
$147.00 |
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Recording Date: June 8, 2017
Presenter: Mike Costello
Program Description:
The big issue in business litigation—the one the huge verdicts turn on—is whether the plaintiff's lost profits have been proven with reasonable certainty. Every U.S. jurisdiction has adopted the rule that lost profits must be proven with reasonable certainty. What are the factors courts actually take into account when they decide whether the plaintiff has proven its lost profits with reasonable certainty? These factors will be discussed in connection with an actual case study.
After completing this course, you will be able to:
- Identify the supporting evidence required for proving damages from lost profits
- Recognize the necessary factors that courts consider: is the estimate accurate, is the court certain the injured party suffered some damage, the degree of moral fault on the part of the defendant, the extent to which the plaintiff produced the best possible evidence of lost profits, the amount at stake, and whether there is an alternative method of compensating the injured party.
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. |
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