KW Economics prepares economic damages analyses for fraud and embezzlement cases venued in Kentucky: the components the loss claim consists of, the records that drive them, and a present value built to Kentucky'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.
Kentucky trial judges act as gatekeepers for expert testimony and ask whether the method is reliable, whether it has been tested and accepted in the profession, and whether it fits the facts of the case, with the witness qualified by training and experience. A damages report meets that inquiry by stating its assumptions and naming the data behind each one.
Highest court: Kentucky Supreme Court. Federal venues: E.D. Ky., W.D. Ky. Court system: kycourts.gov.
Kentucky applies pure comparative fault in a negligence-based claim, reducing the award in proportion to the plaintiff's share. Prejudgment interest follows as of right on a liquidated sum and is discretionary on unliquidated damages. Economic damages are not subject to a general statutory limit, and the report separates the sums that were due from the amounts that had to be projected so counsel can apply whichever interest rule governs.
The same four steps apply to a fraud and embezzlement case venued in Kentucky; the damages framework above decides which components enter the total.
Fraud and Embezzlement cases venued in Kentucky are heard in the Circuit Court (General jurisdiction; larger civil cases, felonies, domestic relations). Final appeals run to the Kentucky Supreme Court. Matters within federal jurisdiction proceed in the United States District Courts for the Eastern District of Kentucky and Western District of Kentucky.
Kentucky applies pure comparative fault in a negligence-based claim, reducing the award in proportion to the plaintiff's share. Prejudgment interest follows as of right on a liquidated sum and is discretionary on unliquidated damages. Economic damages are not subject to a general statutory limit, and the report separates the sums that were due from the amounts that had to be projected so counsel can apply whichever interest rule governs. Kentucky trial judges act as gatekeepers for expert testimony and ask whether the method is reliable, whether it has been tested and accepted in the profession, and whether it fits the facts of the case, with the witness qualified by training and experience. A damages report meets that inquiry by stating its assumptions and naming the data behind each one.
Request a consultation on fraud and embezzlement cases in Kentucky or call (201) 343-0700. Plaintiff and defense counsel.