KW Economics prepares economic damages analyses for partnership and shareholder dispute cases venued in Pennsylvania: the components the loss claim consists of, the records that drive them, and a present value built to Pennsylvania'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.
Pennsylvania courts ask whether the methodology behind an expert opinion is generally accepted in the relevant professional community and whether the economist is qualified by training and experience to apply it. The methods of forensic economics for lost earnings, worklife, and present value are published and long used, so the examination of a damages report usually turns on its inputs and their support in the record.
Highest court: Supreme Court of Pennsylvania. Federal venues: E.D. Pa., M.D. Pa., W.D. Pa. Court system: pacourts.us.
Pennsylvania reduces a negligence-based award by the plaintiff's share of fault and bars recovery once that share exceeds the combined fault of the defendants. Interest on a liquidated contract sum runs as of right from the date it was due, and the civil rules add delay damages to bodily injury and death awards. Economic damages are not subject to a general statutory limit, so the report states each loss as of a fixed date and separates the sums that were due from the amounts that had to be projected.
The same four steps apply to a partnership and shareholder dispute case venued in Pennsylvania; the damages framework above decides which components enter the total.
Partnership and Shareholder Dispute cases venued in Pennsylvania are heard in the Court of Common Pleas (General jurisdiction; 60 judicial districts; civil, criminal, family, and orphans' court divisions). Final appeals run to the Supreme Court of Pennsylvania. Matters within federal jurisdiction proceed in the United States District Courts for the Eastern District of Pennsylvania, Middle District of Pennsylvania, and Western District of Pennsylvania.
Pennsylvania reduces a negligence-based award by the plaintiff's share of fault and bars recovery once that share exceeds the combined fault of the defendants. Interest on a liquidated contract sum runs as of right from the date it was due, and the civil rules add delay damages to bodily injury and death awards. Economic damages are not subject to a general statutory limit, so the report states each loss as of a fixed date and separates the sums that were due from the amounts that had to be projected. Pennsylvania courts ask whether the methodology behind an expert opinion is generally accepted in the relevant professional community and whether the economist is qualified by training and experience to apply it. The methods of forensic economics for lost earnings, worklife, and present value are published and long used, so the examination of a damages report usually turns on its inputs and their support in the record.
Request a consultation on partnership and shareholder dispute cases in Pennsylvania or call (201) 343-0700. Plaintiff and defense counsel.