Lakeview Railway Contract Liability & Loss of Business Case

RII was tasked with developing the loss of business damages for this case of contract breach for a short line railroad that had been replaced before its contract had expired. The assignment required vetting traffic on the line, including prospective business for likelihood, roll out schedule and traffic volumes. All commodities were researched for their industry growth factors and RII developed the existing, potential and expected growth of railroad traffic and revenue for the railroad for the remaining years of the contract. RII’s revenue projections were essential in settling the case for the maximum insurance payout for the Client from the liable County railroad owner.