 Dr. Peter Nickerson Testifies, Rebuts Opposing Expert in Import Restriction Dispute, Potentially Reducing Liability by over $270 MillionNickerson & Associates Principal, Dr. Peter Nickerson, was retained as an expert witness by a government entity in an economic and import restriction dispute with a consortium of businesses. Throughout this ongoing case, business owners alleged substantial economic losses and detrimental impacts on their industry stemming from certain national import restrictions implemented in the 1980s initially designed to protect their industry. The Plaintiffs’ expert had initially estimated damages in excess of $340 million. Dr. Nickerson contributed a comprehensive rebuttal of the opposing expert’s report and testified before the Court on his findings. His review of their report revealed several mathematical and coding errors that reduced damages by over $90 million. Further critiques related to improper assumptions in the report, the opposing expert ignoring potential benefits of the regulation, and pivotal calculation parameters lacking sufficient basis in literature or statistical science. Dr. Nickerson ultimately concluded that Plaintiff’s assessment of damages was overinflated by nearly 500%, $270 million higher than the available data could support. AuthorN&A Team CategoriesComments are closed.
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