We assist insured's, their legal representatives in the evaluation
and valuation of insurance claims. We have been requested to prove,
evaluate and analyze in the preparation of a variety of claims,
including personal injury loss, fraud investigation, business valuation
and business interruption. In many instances we have provided expert
witness testimony. Our team have the skills to present information
in an easy to understand presentation, based on facts.
What we do
We provide financial and economic analysis in support of counsel,
with our work often resulting in written expert opinion or testimony.
Our specific practice areas include: Complex Civil Litigation, Forensic
Accounting and Fraud Investigations, Employment and Personal Injury
Disputes, Real Estate and Construction, Intellectual Property Disputes,
and Insurance Claims Services.
We also perform business
and asset valuations in connection with various business conflicts,
including marital dissolution matters and other disputes. Our professionals
are also recognized and respected arbitrators, and have served in
various court roles.
Krofchick Valuation
Partners financial professionals provide a range of services both
to defense and plaintiff attorneys. Our main services tackle what
are often the most costly elements of loss: the loss of earnings
or earnings capacity of an individual and the extra expenses associated
with the loss incident. With educational backgrounds in accounting,
auditing, business law, and finance, and professional backgrounds
in loss adjusting, valuation and litigation. Krofchick Valuation
Partners professionals are distinguished by a high level of expertise
in the principles of economics and financial analysis.
A Sample of Representative Claims
Commercial Disputes:
Our team has expertise in the investigation and resolution of all
types of commercial disputes across a wide range of industries including:
- Business and share valuations
- Loss of profits and business
interruptions
- Security for costs applications
- Purchase and sale disputes
- Expert determinations
Recent commercial
dispute assignments carried out by members of our team have included:
- Assisting private business
owners in the quantification of claims brought by businesses
affected by the proposed City Of Toronto.
Bulldozing of a business
caused the loss of millions of dollars worth of damages. The lost
value of the property and the measurement of loss related to business
projects that were in negotiations and business interruption were
documented in a claim. As financial consultants on behalf of counsel
for the plaintiff’s attorneys, we conducted a critical analysis
of the relevant heads of damages and the claimant's lost profit
calculations and related documentation. It brought us on board based
on our excellent track record, reputation as respected business
valuators and familiarity with the construction industry. After
assisting in the negotiations, the majority of the claim was paid.
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