A manufacturer in the wood panel sector suffered lost production when its power plant failed. The manufacturer received payments from its insurer in respect of a business interruption claim and the insurer initiated the lost profits following a disruption of power supply.
Secretariat professionals were appointed to provide expert services on behalf of the Respondent in the LCIA Arbitration to assess the business interruption lost profits derived from the loss of power, net of any mitigation.
We carried out a detailed analysis of the opposing expert’s analysis of lost production, increased energy costs and ensuing lost profits and costs of mitigation. Finding the Claimant’s model to be unreliable and cumbersome we produced our own model and made our own assessment of the losses suffered as a result of the interruption to self-generated power.
Navigating ECCTA: A Guide for Organizations
Ben Boorer, writing for Enterprise Times, discusses the Economic Crime and Corporate Transparency Act (ECCTA), which comes into force on 1st September 2025. ECCTA will reshape the UK’s compliance landscape by, amongst other things, holding organisations accountable for fraud committed by employees, agents, and subsidiaries.
Google Damages Ruling Offers Lessons for Testifying Experts
In an article for Law360, Director Adam Rhoten explores the implications and significance of the recent en banc U.S. Court of Appeals for the Federal Circuit decision in EcoFactor Inc. v. Google LLC, a significant ruling that marks a shift toward stricter judicial scrutiny of expert testimony in patent cases.
Achieving Organic Growth for a Legal Nonprofit
In this article for Law 360, Secretariat Managing Directors and co-founders of Law Rocks Nick Child and Ted Scott reflect on their journey of founding the nonprofit, reflecting on the biggest challenges they faced, and how they balance this endeavor with their full-time careers.