Damages Expert - Serving Clients Nationwide fRom Greater Philadelpia
What we do
Economic Damages Analysis
Economic Damages Analysis
Economic Damages Analysis
Analyzing damages is a critical component of any litigation matter. Yet, articulating economic damages is more complex than simply adding numbers on a page. Proper damages analysis requires extensive understanding of the facts and circumstances of each individual matter. A damages expert armed with the facts can render appropriate opin
Analyzing damages is a critical component of any litigation matter. Yet, articulating economic damages is more complex than simply adding numbers on a page. Proper damages analysis requires extensive understanding of the facts and circumstances of each individual matter. A damages expert armed with the facts can render appropriate opinions while pinpointing any flaws in the opposing expert's opinions. Opposing damages experts may put forth opinions supported by hundreds of pages of schedules, yet, a single improper assumption can undermine the entire analysis.
Forensic Investigation
Economic Damages Analysis
Economic Damages Analysis
Seemingly routine forensic inspections can evolve into significant disputes overnight. By engaging us early, we can provide counsel with valuable feedback at every step in the process. The first step is for us to meet with counsel and come up with a plan to assess the financial records at issue. As our analysis progresses, we keep coun
Seemingly routine forensic inspections can evolve into significant disputes overnight. By engaging us early, we can provide counsel with valuable feedback at every step in the process. The first step is for us to meet with counsel and come up with a plan to assess the financial records at issue. As our analysis progresses, we keep counsel informed so that they can make recommendations to the client. Investigations are often fraught with surprises, but having confidence in the quality and timeliness of information can have a positive impact on the outcome.
Call Us Today!
Economic Damages Analysis
Call Us Today!
Contact us for a free phone consultation. We can review pleadings and discuss the matter with you so that you can understand our approach before moving forward. By consulting with us early, we can assist you in the discovery process and provide input at critical junctures.
Key Coleman, CPA, CFA - Executive Director and founder
Key Coleman serves as Executive Director and Founder of LEFCG. He assists his clients by bringing financial expertise into the realm of litigation and arbitration that helps clarify intricate pleadings and expert opinions. Key performs damages analysis, litigation support and serves as a damages expert witness.
Key began his career in industry, but later transitioned to a Big Four accounting firm where he rose to the level of partner in their dispute analysis and forensics division. He then held high level positions at other internationally recognized accounting and consulting firms.
Specialties
Key is an economic damages expert with numerous areas of expertise. His experience includes:
- Business breakups
- Business interruption
- Commercial disputes
- Contract disputes
- Economic wage loss
- Financial services
- Healthcare
- Insurance
- Intellectual property
- Lost profits
- Manufacturing
- Post-acquisition purchase price disputes
Insurance and Reinsurance
Key has an extensive background and expertise in damages analysis in the insurance and reinsurance industry, and is often selected as an insurance damages expert. He has knowledge and/or expertise in the following areas:
• Accounting analysis (Statutory and GAAP)
• Agencies and Brokers E&O
• Business Interruption
• Claims analysis
• Forensic Accounting and Insurance Investigations (including MGA and TPA inspections)
• Managing General Agencies (MGAs)
• Regulatory matters
• Reinsurance matters
• Run-off and Insolvency analysis
• Third Party Administrators (TPAs)
• Underwriting analysis
• Workers’ Compensation
Key has cross-functional skills in many of the areas where insurance disputes arise, including: underwriting, claims, reinsurance and accounting. In fact, he is one of the few experts nationwide who hold both the CPA and the CPCU designations.
By understanding the inner workings of insurance companies and their service providers (agents, brokers, MGAs, reinsurers and TPAs), Key is uniquely able to provide special insights to his clients.
Recent Matters
Recent engagements include:
- Business interruption
- Insolvency analysis for a state insurance guaranty fund
- Lost wages analysis
- Contract dispute
- Intellectual property dispute
- Business breakup in the investment industry
- Manufacturing company dispute
- Life insurance disputes
- Property & Casualty disputes
Trending Information
Covid-19 Pandemic - Court Closure and General Information
Covid-19 has led to an information overload, yet some valuable information is still difficult to find in a summary format. Listed below are links to timely information:
Impact of Covid-19 on Litigation Activity
https://www.schiffhardin.com/insights/publications/2020/covid-19-litigation-is-coming-are-you-ready
Federal Court Orders and Updates During COVID-19 Pandemic
California Courts
https://www.courts.ca.gov/43589.htm
New York Courts
Philadelphia Courts
Firm Interests
Our firm has an interest in how the threat of climate change is impacting insurance and risk management worldwide. Key has written articles and provided commentary to the media on this topic. His most recent articles were run in Asia Insurance Review in November 2019 and in AIRROC Matters in March 2020.