Partnership and Shareholder Dispute Economic Damages Expert in Maryland

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

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

A partnership or shareholder dispute turns on what an ownership interest is worth under the standard of value that applies and whether the business's earnings have been fairly shared, both answered from the agreements and the financial records. Read the full partnership and shareholder dispute analysis guide.

Maryland courts and expert standards

Maryland courts now apply a reliability inquiry to all expert testimony: the trial judge asks whether the economist is qualified, whether the method is one the profession has tested and accepted, and whether it was reliably applied to the facts of the case. An economic damages report is written to that standard, with each rate and table traced to its source.

Where these cases are heard

Highest court: Supreme Court of Maryland. Federal venues: D. Md. Court system: courts.state.md.us.

Damages framework

Maryland retains contributory negligence, so in a negligence-based claim any fault on the plaintiff's part is a complete bar rather than a percentage reduction. Prejudgment interest is available as of right on a liquidated contract sum from the date it was due and generally not on unliquidated tort damages. A statutory limit applies to the noneconomic portion of most awards while economic damages are unlimited, so the economist's figure enters the case at its full present value, stated as of a fixed date.

How the analysis is built

The same four steps apply to a partnership and shareholder dispute case venued in Maryland; the damages framework above decides which components enter the total.

  1. Read the agreements to identify the valuation date, the standard of value, and any buyout formula.
  2. Normalize the financial statements for owner compensation, related-party transactions, and non-recurring items.
  3. Value the interest under the income, market, and asset approaches as the facts support, with the weighting and any discounts or premiums explained.
  4. Trace any diverted profits through the ledger and bank records, quantify them by year, and show the effect of the principal assumptions.

Attorney guides for partnership and shareholder dispute cases

Other case types in Maryland

Frequently asked: partnership and shareholder dispute cases in Maryland

Which Maryland courts hear partnership and shareholder dispute cases?

Partnership and Shareholder Dispute cases venued in Maryland are heard in the Circuit Court (General jurisdiction; larger civil cases, felonies, equity, domestic relations). Final appeals run to the Supreme Court of Maryland. Matters within federal jurisdiction proceed in the United States District Court for the District of Maryland.

How does Maryland's damages framework shape the economic analysis?

Maryland retains contributory negligence, so in a negligence-based claim any fault on the plaintiff's part is a complete bar rather than a percentage reduction. Prejudgment interest is available as of right on a liquidated contract sum from the date it was due and generally not on unliquidated tort damages. A statutory limit applies to the noneconomic portion of most awards while economic damages are unlimited, so the economist's figure enters the case at its full present value, stated as of a fixed date. Maryland courts now apply a reliability inquiry to all expert testimony: the trial judge asks whether the economist is qualified, whether the method is one the profession has tested and accepted, and whether it was reliably applied to the facts of the case. An economic damages report is written to that standard, with each rate and table traced to its source.

More questions about partnership and shareholder dispute analysis

References

Request a consultation on partnership and shareholder dispute cases in Maryland or call (201) 343-0700. Plaintiff and defense counsel.