Business Disputes and Loss of Profits
There often comes a time in the life of a business when professional help is required to prevent or resolve a dispute. It could be a family business dispute, business partner dispute or dispute with a third party client or supplier.
Business disputes often revolve around a contentious event, which results in one or more parties suffering a consequential loss of profits. There are also other matters which may result in a loss of profits. Harwood Hutton is experienced in assessing and quantifying a consequential loss of profits.
When do loss of profits claims arise?
A loss of profits claim can arise in a number of situations, including but not limited to:
Harwood Hutton has undertaken loss of profit calculations in a number of situations across a wide range of businesses and industries. We can identify and consider the key variables impacting on a loss of profits claim, as well as identify whether there is potential for a counterclaim.
We can assist at any stage of the dispute life cycle, from initial assessment of the strengths and weaknesses of a potential claim and likelihood of a potential counterclaim to preparation of an expert report on the quantum of the claim for use in court proceedings.
Reasons to choose Harwood Hutton
Acting flexibly for claimants and defendants
Harwood Hutton can act for both claimants and defendants in the context of business disputes or other loss of profits claims. We can be instructed in either an advisory or expert capacity. We are usually engaged via a party’s advising solicitors during the dispute process but we may also be engaged directly by the end client to provide initial advice and assistance during the early stages of the claim process.