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Economic Analyses of Oil Spills and Other Environmental Hazards At A Glance
Capabilities and Services
NERA has been applying economic principles on behalf of clients around the world for half a century, providing analysis, expert testimony, and regulatory insight in complex litigation, regulation, and economic consulting engagements. Our experts have reputations for independence, always delivering unbiased findings and holding ourselves to the highest standards of objectivity and integrity.
The analysis of claims in litigation is one of NERA's core consulting businesses and our experts have extensive experience with the array of claims that may result following a major oil spill or other environmental hazard. We specialize in analyzing, forecasting, and valuing personal injury, property damage, loss-of-income, business interruption, commercial damages, and environmental claims. Where needed, we provide expert testimony to support or defend claims for damages. Our experience includes estimating environmental damages and lost income claims in connection with the Exxon Valdez and Amoco Cadiz spills as well as evaluating similar issues in other environmental settings. This history is also helpful in identifying other potential issues in large and complex claims. NERA economists from our Product Liability, Environment, Energy, Labor, and Finance practices each contribute specialized experience to these engagements, allowing us to bring a full set of skills and perspectives to each assignment.