Category: Economic Damages

Lost Earnings Claim Getting Way More Press Than it Deserves

Based on the sheer volume of headlines in the media, one might think that this lost earnings claim either has some extraordinary circumstances and/or involves a celebrity.  However, it appears that neither of those are true.  From a legal and economic damages standpoint, the alleged wrongful termination and gender discrimination claims are routine.  So, why …

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Consideration of Taxes in a Lost Earnings Calculation

Considering taxes in a lost earnings calculation related to personal injury matters may materially alter the damages amount.  In the well-known 1980 Supreme Court case, Norfolk & Western Railway Co. v. Liepelt, the Court ruled that courts should consider taxes and calculate lost earnings net of income taxes.  The Court’s rationale was that the damage …

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Permanent link to this article: http://betweenthenumbers.net/2013/05/consideration-of-taxes-in-a-lost-earnings-calculation/

$500K in Damages Claimed from Refusal to Use Technology Fallout

In this day and age, technology is surrounding us everywhere and being used by everyone from kids to seniors.  Technology is now being used on airplanes as well to communicate with flight attendants. ABC News, along with other sources, reports that a passenger recently refused to use new airline technology on a Virgin America flight …

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Law and Economics Unite for the Greater Good? In Theory, but Maybe Not in Practice.

A fifth U.S. Circuit Court of Appeals recently upheld Mississippi’s $1 million cap on what Plaintiffs can recover for pain and suffering (aka non-economic damages) in personal injury cases with pharmaceutical product liability.  The jury initially awarded Plaintiff, Ms. Learmonth, a total of $4 million for injuries suffered from a car crash with a Sears …

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Permanent link to this article: http://betweenthenumbers.net/2013/04/law-and-economics-unite-for-the-greater-good-in-theory-but-maybe-not-in-practice/

Lost Compensation Settlement Tool Allows You to Assess Economic Damages Accurately and Efficiently

Lost compensation is a method of capturing economic damages in personal injury, medical malpractice, wrongful termination, failure to promote and other similar torts.  Independent damages experts are often employed to calculate lost compensation because of their unique background/skill set.  However, the desire to minimize costs means that these experts are often employed after settlement efforts …

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Permanent link to this article: http://betweenthenumbers.net/2013/03/lost-compensation-settlement-tool-allows-you-to-assess-economic-damages-accurately-and-efficiently/

Federal Claims Judge Approves AIG Classes in $55 Billion Class-action Lawsuit

In 2008, there were many complaints surrounding the US government bailout of AIG when it was on the verge of collapse and the disagreement as to whether that was the right course of action continues today. On Monday, March 11, US Court of Federal Claims Judge Thomas Wheeler approved two classes in what was initially …

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Student Claims C+ Cost Her $1.3 Million

The Morning Call reports that Megan Thode, a graduate student at Lehigh University in Bethlehem, Pennsylvania, claims that the C+ she was given in one of her classes caused her $1.3 million in damages.  Thodes was in the College of Education pursing her master’s in counseling and human services.  As part of the curriculum, Thode …

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Permanent link to this article: http://betweenthenumbers.net/2013/02/student-claims-c-cost-her-1-3-million/

Personal Injury Lawsuits Against NFL Will Increase if Junior Seau’s Family is Successful

With the SuperBowl coming up next weekend and many players suffering from some sort of injury sustained during the season, the recent wrongful death lawsuit filed by the family of former pro football star Junior Seau may be getting more media coverage than usual.   Junior Seau retired from pro football in 2010 and committed suicide …

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Permanent link to this article: http://betweenthenumbers.net/2013/01/personal-injury-lawsuits-against-nfl-will-increase-if-junior-seaus-family-is-successful/