KW Economics prepares rebuttal analysis for commercial contract dispute cases venued in South Dakota: what the loss claim consists of, the records that drive it, and a present value built to South Dakota damages rules and venues. Plaintiff and defense.
A lost profits report is tested on causation, incremental cost treatment, the period of loss, and the discount rate. The economist checks whether the but-for revenue rests on pre-dispute projections and the company's history or on assumptions made for the claim, whether the costs deducted are the incremental costs of earning that revenue or a fraction of fixed costs, whether the loss period is bounded by the contract and the market, whether mitigation was credited, and whether the discount rate reflects the risk of the earnings stream. Each correction is quantified so counsel can see which assumptions carry the number.
Critique of an opposing economic damages, valuation, or forensic accounting report for plaintiff or defense counsel. The review tests the assumptions, data sources, discount rates, worklife and life expectancy inputs, growth rates, mitigation treatment, and arithmetic behind the opposing number, identifies the errors that matter, and quantifies how the conclusion changes when they are corrected. The result supports cross-examination, a rebuttal report, or a motion directed at the reliability of the opinion.
The size of the claim depends on the contract's remaining term, the profit margin the business would have realized, and how much of the lost volume was or could have been replaced. Incremental cost treatment is the usual battleground: whether a given cost would have been avoided when the revenue disappeared changes the margin and therefore the loss. For a new venture or a contract without a performance history, the reasonableness of the projected revenue is the central dispute, and the period over which lost profits are claimed is scrutinized against the contract's terms and the market.
South Dakota courts screen expert testimony for reliability: the trial judge asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. A damages report is written to that standard, with each data series named and each assumption tied to the record.
Highest court: South Dakota Supreme Court. Court system: ujs.sd.gov.
Federal venues: District of South Dakota.
South Dakota's unusual comparative negligence rule allows recovery in a negligence-based claim only when the plaintiff's negligence was slight in comparison with the defendant's. Prejudgment interest is allowed on past damages but not on future damages, punitive damages, or intangible losses, so the report separates past from future amounts as of a fixed date. Economic damages are not subject to a general statutory limit outside specific statutory claims.
We issue a rebuttal report where one is disclosed and provide deposition and trial testimony, cross-examination outlines, and support for motions directed at the opinion.
A lost profits report is tested on causation, incremental cost treatment, the period of loss, and the discount rate. The economist checks whether the but-for revenue rests on pre-dispute projections and the company's history or on assumptions made for the claim, whether the costs deducted are the incremental costs of earning that revenue or a fraction of fixed costs, whether the loss period is bounded by the contract and the market, whether mitigation was credited, and whether the discount rate reflects the risk of the earnings stream. Each correction is quantified so counsel can see which assumptions carry the number.
South Dakota courts screen expert testimony for reliability: the trial judge asks whether the economist is qualified, whether the opinion rests on sufficient facts and reliable principles and methods, and whether those methods were reliably applied to the case. A damages report is written to that standard, with each data series named and each assumption tied to the record. Commercial Contract Dispute cases venued in South Dakota are heard in the Circuit Court (General jurisdiction; 7 circuits across 66 counties; all civil, criminal, and domestic matters), with final appeals to the South Dakota Supreme Court. Matters within federal jurisdiction proceed in the District of South Dakota.
South Dakota's unusual comparative negligence rule allows recovery in a negligence-based claim only when the plaintiff's negligence was slight in comparison with the defendant's. Prejudgment interest is allowed on past damages but not on future damages, punitive damages, or intangible losses, so the report separates past from future amounts as of a fixed date. Economic damages are not subject to a general statutory limit outside specific statutory claims. The report presents past and future amounts separately, states every rate and table with its source, and shows the result under the alternatives the other side is likely to argue, so counsel can apply the South Dakota rules to a documented figure.
Request a consultation on Rebuttal or call (201) 343-0700. Plaintiff and defense counsel.