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Tags: Accident Benefits

Business Interruption, Lost Profits

Transformer Loss at Wind Farm

Date 01 July, 2022
The subject of this case study is the operator of several wind farms that supplied the generated electricity to a large industrial customer under a Power Purchase Agreement. The wind farms were all connected via overhead transmission lines to a substation on the boundary of the industrial customer that contained two transformers with the same rating.
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Business Disputes & Shareholder Disputes

Shareholder Dispute: The Idaho Mine

Date 05 August, 2016
The Idaho Mine is the second largest silver mine in North America. After over 100 years of operation, it was closed in the late 1980s due to aging equipment, high operating and maintenance costs as well as safety issues.
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Franchise Litigation

Royalty Audits – High-Risk Franchisees

Date 01 April, 2019
We were retained by the franchisor of a chain of fast food restaurants to perform royalty audits for “high risk” franchisees. It was alleged that some franchisees were under-reporting their revenues, and under-paying the royalties owing to the franchisor. We examined the annual revenues report by all franchisees over a 5 year period, and identified the franchisees that should be subject to a royalty audit, based on specific criteria we developed with the franchisor.
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Franchise Litigation

Royalty Audit – Verification of Reported Franchisee Revenues

Date 01 April, 2019
We were retained by the franchisor of a chain of fast food restaurants to perform royalty audits for a select number of franchisees. We were asked to verify that the revenues reported by the franchisees (and on which royalties paid to the franchisor were based) were complete and accurate.
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Business Interruption

Quantification Complications in a Refinery Loss

Date 05 October, 2021
Due to a fire in a hydrocracking complex in a refinery, the Insured suffered a significant and prolonged outage with a constrained output of higher-value refined products. MDD was instructed to assess and quantify the claimed BI losses, which exceeded USD 275m.
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