Expert Details
Economic Damages, Business Valuations, Divorce Litigation, Personal Injury, FLEA, Wrongful Death
ID: 725418
Michigan, USA
Among the services offered are: financial modeling and expert witness testimony for attorneys. His experience in analyzing and interpreting the numbers, combined with a proven track record, will help provide you with the support you need.
He has worked in such diverse areas as health care, real estate, fraud examination, public utilities, banking, construction, municipalities, broadcasting and transportation. Some of his specialty areas are:
Business valuation, Corporate and estate planning, Computer Fraud, Structured settlements, Expert witness testimony, Divorce, Personal injury, Wrongful death or discharge, Damage assessment consulting, Insurance work (plaintiff or defense), Eminent domain, Intellectual property, Partner disputes, Disruption of a business, Dissenting shareholder actions.
Breach of Contract:
Unreliable data not proof enough.
A mail order company sued a fruit cooperative for breach of an exclusive contract, asking for damages in excess of $2 million. The cooperative was found liable during the first phase of the trial. However, during the damages phase, a judgment of no cause for action regarding damages, was entered.
In his decision, the judge stated, "Expert described the plaintiff's lost profits chart as 'totally unrealistic.' He said there is not one single number on that chart that is accurate.....in fact, it was established that some of the data was unaudited and unreliable. Expert testified that he was able to work backwards with known data which destroyed the validity of the lost profits calculations."Breach of Contract:
A farmer's lost profits.
Under Judge William C. Buhl in the Circuit Court of Van Buren County, Expert was instrumental in helping an attorney's client receive the largest jury award by that court as of the date of judgment. A farmer was given a contract by a large national vegetable company to haul a processing by-product away from its plant. Barely into its ten-year contract, the company terminated the relationship with the farmer and shut down the plant. The face value of the contract was in excess of $1.3 million before expenses. Expert was able to show additional lost profits to the farmer in the processing and reselling of this by-product. The final amount awarded by the jury was approximately double the original estimate of damages.Divorce:
A spouse's contribution maybe complex.
How much is a spouse's contribution to the earning of a medical degree worth? Our experts helped attorneys determine an actual percentage of contribution by a wife toward her husband's career based on a total income picture. We used sophisticated computer models rather than merely looking at whether or not she worked and for how long. Our complete analysis of tax returns took into account issues such as loss of income while her husband was in residency. Because of the completeness of our analysis, we substantially increased the divorce settlement to her.Criminal:
No reason for arson.
A businessman was accused of setting the fire that destroyed his supposedly failing business. Expert thoroughly analyzed his records, comparing his business to the economy in general, the health of his competitors, the financial stability of his customers and several other economic indicators. All this was optimistic enough for us to say with reasonable certainty that the business was not failing. The businessman was acquitted.Personal Injury.
Damages include future earnings:
Expert prepared a Life Care Plan for a minor who lost both legs in an accident involving a riding lawn mower. He designed the plan to cover future medical costs. In addition, he analyzed the potential loss of future earnings capacity due to the disability and disfigurement. His report helped the attorney settle the case without a trial.
Education
Year | Degree | Subject | Institution |
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Year: 1974 | Degree: BBA | Subject: Accounting | Institution: EMU |
Year: 1976 | Degree: MBA | Subject: Finance | Institution: EMU |
Work History
Years | Employer | Title | Department |
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Years: 1983 to Present | Employer: Undisclosed | Title: President | Department: |
Responsibilities:Available upon request. |
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Years | Employer | Title | Department |
Years: 1980 to 1983 | Employer: Ernst & Young | Title: Sr Consultant | Department: Consulting |
Responsibilities:Consulted with them as a member of their Trouble companies team |
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Years | Employer | Title | Department |
Years: 1978 to 1980 | Employer: American Natural Resources | Title: Sr. Analysts | Department: Budgeting and Finance |
Responsibilities:Available upon request. |
Career Accomplishments
Licenses / Certifications |
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CFFA AVA BVAL |
Professional Appointments |
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Expert is Board Certified as a “Senior Disability Analysts” by the American Board of Disability Analysts. The American Board of Disability Analysts is a multidisciplinary professional service, credentialing and continuing education organization committed to the integrity and strengthening of the professional standards and quality of care provided by practitioners and consultants. Expert is recognized at both the Diplomat and Senior levels by The American Board of Disability Analysts. |
Additional Experience
Expert Witness Experience |
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Over 200 cases in state and Federal court |
Training / Seminars |
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CFFA and AVA |
Fields of Expertise
business valuation, economic appraisal, estate planning, life care planning, divorce, structured settlements, divorce proceeding, breach of contract, divorce accounting, patent damage, computer crime investigation, natural resources valuation, damage assessment, earnings analysis, Business Valuation Standards, income capitalization approach, sales comparison approach, cost approach, intellectual fraud, dispute, patent claim construction, copyright infringement, trademark infringement, business development, small business, Internet marketing, Internet advertising, Web development, Web design, Internet commerce, labor cost estimation, patent infringement, computer networking, intellectual property, software patent, value pricing, strategic planning, Internet, technology, computer network