Études de cas
J.S. Held acquiert MorrisAnderson, une société de redressement et de restructuration basée à Chicago
En savoir plusA California-based waste management firm was preparing a joint response by a team of contractors to a Request for Proposal (RFP) to expand a waste recovery facility. Market factors resulted in the RFP being withdrawn, resulting in one of the team members suing for damages, alleging lost revenue. The plaintiff also claimed lost profits due to the inability to generate Low Carbon Fuel Standard (LCFS) credits from its waste recovery facility. The plaintiff's experts estimated the loss of revenue related to the sale of LCFS credits to be over $65 million. The plaintiff sued our client in the US District Court for the Northern District of California, alleging total losses exceeding $500 million.
Timothy Gillihan from J.S. Held’s Economic Damages & Valuations (part of Financial Investigations) and Dr. Phillip Ludvigsen from Environmental Litigation and Advisory Services (part of EH&S) were retained by the defense to rebut the plaintiff’s damage estimates.
Tim Gillihan used his expertise in the financial evaluation of economic damage related to the loss of business revenue to challenge the opposing expert's assumptions and methods. Dr. Ludvigsen used his expertise in environmental attribute markets (e.g., carbon and LCFS credits) and professional leadership in the development and implementation of international environmental standards (e.g., ISO 14000 series, including Life Cycle Analysis) to rebut the plaintiff's claims on the regulatory eligibility of projected LCFS credits.
Using their knowledge and experience with the applicable regulations, and industry standards, coupled with a financial assessment, J.S. Held's experts were able to demonstrate the speculative nature of the estimated losses and rebut arguments that the plaintiff was entitled to such profits as a member of a joint venture and/or partnership with defendants acting as fiduciaries. Ultimately, the Court dismissed the plaintiff's claim for over $500 million with prejudice.
Timothy Gillihan
Vice-président directeur
Dommages et évaluations économiques
+1 510 740 0386
[e-mail protégé]
Phillip Ludvigsen, PhD
Directeur de projet principal
Cabinet Environnement, santé et sécurité
+1 908 292 0198
[e-mail protégé]
> Risques environnementaux et conformité
Notre équipe fournit des conseils d’experts sur la détection et la réduction du risque en matière environnementale et développe des solutions pour garantir un respect des normes EHS (hygiène, sécurité, environnement) et une supervision indépendante.
Interruption d'activité/Pertes de profits
Nous apportons une expertise spécialisée dans la quantification des dommages liés aux réclamations et litiges induisant une interruption d'activité et des pertes de profit. Notre équipe s'appuie sur une expertise financière et diverses connaissances spécifiques pour évaluer précisément les opérations de l'assuré/du plaignant et les facteurs particuliers du marché/secteur pour quantifier les interruptions et les pertes de profit.