Forecasting Technique in Business Interruption Claims: Solving the Creative Accounting Dilemma?
Article from: TDM 6 (2007), in Compensation and Damages in International Investment Arbitration
Business interruption losses have become a growing threat to multinational companies as products and services are now more and more interdependent. Growing world-wide interdependence of production sites and sales markets, as well as the complexity of technical systems and modern production methods, have given rise today to complex structures, often with little regard for the fact that they are prone to disruptions. Business interruption is life threatening. Threats arise from many diverse sources, including: fire, flood, or storm; employee fraud or negligence; ...