Tag: Economic Loss
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Economics Expert Witness Allowed to Calculate the Plaintiff’s Decreased Earning Capacity
This matter arises from an automobile accident in Valparaiso where one of the Plaintiffs, Terry Larson, sustained serious injury. His wife, Jayne, also seeks damages for a loss of consortium. Larson disclosed that he expected Stan Smith to testify “regarding the economic harm caused by the injuries that Plaintiff suffered as a result of the April…
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Petroleum Engineering Expert Witness’ Testimony About the Decline Trend in Production Admitted
Southern Oil of Louisiana, LLC filed a complaint seeking to recover damages from, among others, Alliance Offshore and the M/V MR CADE after the M/V MR CADE allided with Southern Oil’s fixed, charted offshore oil platform located in Main Pass Block 45 (the “Corvus platform”) on December 2, 2021. The allision resulted in the Corvus platform…