RPC Breach of Contract Consultants
Ronald T. Luke
JD, PhD
President
Brian Piper
PhD
Senior Consultant
Angela VanDerwerken
PhD
Senior Consultant
Contracts are the foundation of many business transactions. When one party breaches a contract, the other party may be entitled to recover money damages. Compensatory damages for a breach of contract are intended to make the injured party “whole” again. These damages commonly fall into two main categories, expectation damages and consequential damages.
Covering losses that are a direct result from the breach of contract, expectation damages should bring the injured party to the financial position it would be in if the contract had been performed. Expectation damages are based solely on what the injured party expected to receive from the contract. Data comes from the contract itself, business records and economic data.
Consequential damages are an indirect — but still known or foreseeable — consequence of the defendant breaching the contract. Consequential damages can be much higher than expectation damages but determining these damages can require complex analysis. Consequential damages from a breach of contract may include lost profits, business interruption damages, and damages for lost opportunities.
RPC has the forensic accountants, economists, statisticians and data analysts to analyze these situations. We can analyze large files of accounting, sales and other business data. We can develop sampling plans when data are too voluminous to analyze it all. We provide plaintiffs and defendants in breach of contract actions with expert reports and testimony.
Contact us for a preliminary review of documents and discussion of the breach of contract case at no obligation.