KW Economics prepares economic damages analyses for partnership and shareholder dispute cases venued in South Carolina: the components the loss claim consists of, the records that drive them, and a present value built to South Carolina'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.
South Carolina courts ask whether the economist is qualified by training and experience, whether the opinion rests on a reliable basis, and whether it will assist the fact finder, under a reliability inquiry of the state's own that does not adopt the federal test. An economic damages report meets that inquiry by showing the published basis for each assumption and its application to the record.
Highest court: Supreme Court of South Carolina. Federal venues: D.S.C. Court system: sccourts.org.
South Carolina 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. Prejudgment interest is generally limited to liquidated sums, such as an unpaid contract balance, and not awarded on unliquidated damages. Statutory limits apply to noneconomic damages in medical malpractice claims while economic damages are unlimited, so the economist's figure enters the case at its full present value, with the liquidated components identified separately.
The same four steps apply to a partnership and shareholder dispute case venued in South Carolina; the damages framework above decides which components enter the total.
Partnership and Shareholder Dispute cases venued in South Carolina are heard in the Circuit Court (General jurisdiction; larger civil cases, felonies; two divisions, Common Pleas for civil and General Sessions for criminal matters). Final appeals run to the Supreme Court of South Carolina. Matters within federal jurisdiction proceed in the United States District Court for the District of South Carolina.
South Carolina 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. Prejudgment interest is generally limited to liquidated sums, such as an unpaid contract balance, and not awarded on unliquidated damages. Statutory limits apply to noneconomic damages in medical malpractice claims while economic damages are unlimited, so the economist's figure enters the case at its full present value, with the liquidated components identified separately. South Carolina courts ask whether the economist is qualified by training and experience, whether the opinion rests on a reliable basis, and whether it will assist the fact finder, under a reliability inquiry of the state's own that does not adopt the federal test. An economic damages report meets that inquiry by showing the published basis for each assumption and its application to the record.
Request a consultation on partnership and shareholder dispute cases in South Carolina or call (201) 343-0700. Plaintiff and defense counsel.