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ABOUT
Liability Losses
When an event causes damage, injures people, or prevents access to surrounding areas for an extended period, it’s essential to identify the financial impact for those affected. That’s why so many companies turn to MDD.
MDD has worked on behalf of clients worldwide to quantify liability losses. When you hire us, MDD will work with you to create checklists and documentation requests to help you thoroughly examine all aspects of the event and make an informed decision.
HIRE US
When clients ask for our help with liability matters, we will:
- Analyze and verify financial and operating records
- Assess and record all physical damages
- Track and measure all post-event happenings such as clean-up processes and decontamination procedures
- Analyze lost profits claims through the examination of financial and operational records
- Identify and calculate extra expenses
- Explore products recall and disposal expenses
- Analyze all costs related to product rehabilitation and re-establishment expenses
- Measure losses stemming from alleged professional negligence
- Expert and consulting witness testimony when necessary
Experience
Experience
Contact one of our experts below or filter experience based on region.
ARTICLES
RELEVANT ARTICLES
Our experts are extremely knowledgeable about thier subject areas and often write educational material and commentary on topical issues they come across.
Peloton Recall of Tread+ and CPSC in Protecting Consumer Safety
The Consumer Product Safety Commission (CPSC) in the US works with standards organisations, manufacturers, and companies to develop voluntary safety standards, warn the public of products that present significant risks to consumers and enforce mandatory standards or banning consumer products...
Trends in Food and Beverage Related Product Recalls
Numerous large-scale product recalls have captured national, if not global, media attention. One example is the 2008 salmonella outbreak linked to products manufactured by the Peanut Corporation of America. This incident involved the recall of more than 4,000 products produced...
Calculating Insurable Value and the Limits of Liability for Rental Properties
It’s not easy to find a rental apartment these days. Vacancy rates for residential apartments in Canada’s largest cities are at record lows. The country’s 10 most populated metropolitan areas saw their average vacancy rates decline by a collective 10%...
Product Liability Claims: How can a forensic accountant assist in the claim review process?
There are many different types of liability coverage available to business owners including D&O liability, professional indemnity and public liability amongst others. However, from a claims perspective, one of the most common types of cover we come across is that...
Forensic Accounting Liability Exposures
The below article first appeared in THE STANDARD, New England’s Insurance Magazine. It features excerpts from a presentation given by MDD partners Paul McGowan, CPA, CVA and Jon Ducey, CPA, CVA on the topic of liability claims and other key...
Liability: When Do the Numbers Become Important?
This month MDD focuses on liability claims and looks at the benefits of getting the right technical accounting expert engaged early on to stress test quantum. What you will learn from reading the article include: How early involvement provides better...
Fight the Battle on Two Fronts – Liability and Damages
Plaintiff and Defense attorneys are guilty! Guilty of waiting until the last minute to address areas of damages. MDD is very often retained in litigation engagements when the measurement of damages takes a back seat to liability and causation. Although...
Projects
CASE STUDIES
Our firm has over 80 years of experience working on assignments that span over 800 industries around the world. By exploring some of the cases we have worked on you will gain a better understanding of how we might be able to assist you in your quantification, investigation or valuation needs.
