Commercial Contract Dispute Economic Damages Expert in South Dakota

By Christopher Skerritt, M.Ed., MBA, Chief of Economic Services · Published · Reviewed

KW Economics prepares economic damages analyses for commercial contract dispute cases venued in South Dakota: the components the loss claim consists of, the records that drive them, and a present value built to South Dakota's damages rules and venues. Plaintiff and defense.

A commercial contract damages claim measures the profits a business lost, or the costs it incurred, because the other party did not perform, as the difference between the performed-contract path and what the business actually earned or could have earned by mitigating. Read the full commercial contract dispute analysis guide.

South Dakota courts and expert standards

South Dakota courts screen expert testimony for reliability: the trial judge asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. A damages report is written to that standard, with each data series named and each assumption tied to the record.

Where these cases are heard

Highest court: South Dakota Supreme Court. Federal venues: D.S.D. Court system: ujs.sd.gov.

Damages framework

South Dakota's unusual comparative negligence rule allows recovery in a negligence-based claim only when the plaintiff's negligence was slight in comparison with the defendant's. Prejudgment interest is allowed on past damages but not on future damages, punitive damages, or intangible losses, so the report separates past from future amounts as of a fixed date. Economic damages are not subject to a general statutory limit outside specific statutory claims.

How the analysis is built

The same four steps apply to a commercial contract dispute case venued in South Dakota; the damages framework above decides which components enter the total.

  1. Establish the but-for revenue from the contract terms, the pre-dispute projections, and the business's own history.
  2. Identify the incremental costs that would have been incurred to earn that revenue so that only the lost margin is claimed.
  3. Analyze actual results after the breach to separate the effect of the breach from market conditions and other causes, and credit mitigation revenue.
  4. Bring past lost profits forward and discount future lost profits at a stated rate that reflects the risk of the earnings stream.

Attorney guides for commercial contract dispute cases

Other case types in South Dakota

Frequently asked: commercial contract dispute cases in South Dakota

Which South Dakota courts hear commercial contract dispute cases?

Commercial Contract Dispute cases venued in South Dakota are heard in the Circuit Court (General jurisdiction; 7 circuits across 66 counties; all civil, criminal, and domestic matters). Final appeals run to the South Dakota Supreme Court. Matters within federal jurisdiction proceed in the United States District Court for the District of South Dakota.

How does South Dakota's damages framework shape the economic analysis?

South Dakota's unusual comparative negligence rule allows recovery in a negligence-based claim only when the plaintiff's negligence was slight in comparison with the defendant's. Prejudgment interest is allowed on past damages but not on future damages, punitive damages, or intangible losses, so the report separates past from future amounts as of a fixed date. Economic damages are not subject to a general statutory limit outside specific statutory claims. South Dakota courts screen expert testimony for reliability: the trial judge asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. A damages report is written to that standard, with each data series named and each assumption tied to the record.

More questions about commercial contract dispute analysis

References

Request a consultation on commercial contract dispute cases in South Dakota or call (201) 343-0700. Plaintiff and defense counsel.