Damages are a legal relief referring to the sums, assessed in monetary terms, paid to a successful party arising from the wrongful conduct of another party. Damages are generally compensatory in character, as opposed to punitive or vindicatory in nature. The plaintiff...
Post-acquisition disputes often emerge at the time that completion accounts are prepared after an acquisition or where a buyer discovers new things about the business that weren’t disclosed during the due diligence process. Disputes may also arise over the computation...
Expert determination is an alternative dispute resolution process where an independent expert determines the resolution of a dispute between parties under rules and procedures agreed with the parties and/or determined by the expert. As the disputants and the expert...
The consequences of the COVID-19 pandemic – and the responses by State and Federal Governments – led to many businesses suffering losses stemming from interruptions to their ability to trade during the pandemic. In Episode 4 of Called to Account (April 2021), we...
There have been a number of cases this year that turn the spotlight on expert evidence, including issues related to inherent bias[1], expertise and experience[2] and, the weighting given to, and admissibility of, expert evidence[3]. However, there are two cases in...
It’s understandable that lawyers and/or their clients can be hesitant about engaging a forensic accountant. That’s because there can be a whole lot of uncertainty around satisfying the evidentiary requirements, the chances of success and even if successful, whether...