KW Economics prepares economic damages analyses for fraud and embezzlement cases venued in Arkansas: the components the loss claim consists of, the records that drive them, and a present value built to Arkansas's damages rules and venues. Plaintiff and defense.
A fraud or embezzlement economic claim establishes how much was taken, over what period, by what mechanism, and where it went, and quantifies the loss in a form that supports a civil claim or a restitution figure. Read the full fraud and embezzlement analysis guide.
Arkansas trial courts act as gatekeepers and ask whether the economist's method is reliable, whether it has been tested and accepted in the profession, and whether it fits the facts of the case, with qualification resting on training and experience. A report that states its assumptions and cites its data sources answers those questions on its face.
Highest court: Arkansas Supreme Court. Federal venues: E.D. Ark., W.D. Ark. Court system: courts.arkansas.gov.
Arkansas reduces a negligence-based award by the plaintiff's share of fault and bars recovery only when that share equals or exceeds the defendants', and the state constitution bars limits on the amount recoverable for injury or death. Prejudgment interest is available where the amount of the loss was determinable at the time of the injury, which favors a liquidated contract sum over a projected loss. No general statutory limit applies to economic damages, and the report separates the components that were determinable at the time of the loss from those that had to be projected.
The same four steps apply to a fraud and embezzlement case venued in Arkansas; the damages framework above decides which components enter the total.
Fraud and Embezzlement cases venued in Arkansas are heard in the Circuit Court (General jurisdiction; civil, criminal, domestic, probate, and juvenile matters). Final appeals run to the Arkansas Supreme Court. Matters within federal jurisdiction proceed in the United States District Courts for the Eastern District of Arkansas and Western District of Arkansas.
Arkansas reduces a negligence-based award by the plaintiff's share of fault and bars recovery only when that share equals or exceeds the defendants', and the state constitution bars limits on the amount recoverable for injury or death. Prejudgment interest is available where the amount of the loss was determinable at the time of the injury, which favors a liquidated contract sum over a projected loss. No general statutory limit applies to economic damages, and the report separates the components that were determinable at the time of the loss from those that had to be projected. Arkansas trial courts act as gatekeepers and ask whether the economist's method is reliable, whether it has been tested and accepted in the profession, and whether it fits the facts of the case, with qualification resting on training and experience. A report that states its assumptions and cites its data sources answers those questions on its face.
Request a consultation on fraud and embezzlement cases in Arkansas or call (201) 343-0700. Plaintiff and defense counsel.