KW Economics prepares rebuttal analysis for partnership and shareholder dispute cases venued in New Mexico: what the loss claim consists of, the records that drive it, and a present value built to New Mexico damages rules and venues. Plaintiff and defense.
A valuation report in an owner dispute is tested on the valuation date, the standard of value, the normalizing adjustments, the approaches applied and how they were reconciled, and any discounts or premiums. The economist checks whether the standard matches the claim and the agreement, whether owner compensation and related-party dealings were normalized on market evidence, whether the discount rate and market multiples are supported by their sources, and whether a minority or marketability discount is appropriate under the standard applied. The review quantifies the effect of each correction and shows the value under the alternative standard where the choice is disputed.
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 valuation date and the standard of value control the result: a fair value standard may exclude the minority and marketability discounts that a fair market value standard applies, and the gap between the two can be substantial for a minority interest in a closely held company. Normalizing adjustments to owner compensation and related-party dealings often decide whether the business shows earnings to value at all. Where the claim includes diverted profits, the amount depends on how far back the records permit reconstruction and on whether the business's actual results can be separated from market conditions.
New Mexico courts ask the trial judge to act as gatekeeper for expert testimony, examining whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts of the case. A damages report answers those questions by stating its assumptions and citing its sources.
Highest court: New Mexico Supreme Court. Court system: nmcourts.gov.
Federal venues: District of New Mexico.
New Mexico applies pure comparative fault in a negligence-based claim, reducing the award in proportion to the plaintiff's share. Prejudgment interest is discretionary and weighs each party's settlement conduct, so the report separates past from future amounts and supplies the schedule the court would need to award it. 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 valuation report in an owner dispute is tested on the valuation date, the standard of value, the normalizing adjustments, the approaches applied and how they were reconciled, and any discounts or premiums. The economist checks whether the standard matches the claim and the agreement, whether owner compensation and related-party dealings were normalized on market evidence, whether the discount rate and market multiples are supported by their sources, and whether a minority or marketability discount is appropriate under the standard applied. The review quantifies the effect of each correction and shows the value under the alternative standard where the choice is disputed.
New Mexico courts ask the trial judge to act as gatekeeper for expert testimony, examining whether the economist is qualified, whether the method is reliable and accepted in the profession, and whether it was applied reliably to the facts of the case. A damages report answers those questions by stating its assumptions and citing its sources. Partnership and Shareholder Dispute cases venued in New Mexico are heard in the District Court (General jurisdiction; 13 judicial districts; all civil, criminal, and domestic matters) and the Bernalillo County Metropolitan Court (Largest limited jurisdiction court; covers Albuquerque), with final appeals to the New Mexico Supreme Court. Matters within federal jurisdiction proceed in the District of New Mexico.
New Mexico applies pure comparative fault in a negligence-based claim, reducing the award in proportion to the plaintiff's share. Prejudgment interest is discretionary and weighs each party's settlement conduct, so the report separates past from future amounts and supplies the schedule the court would need to award it. 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 New Mexico rules to a documented figure.
Request a consultation on Rebuttal or call (201) 343-0700. Plaintiff and defense counsel.