Jim Burgess is an associate director in the Disputes and Investigations practice. He has more than twelve years of experience in the field of forensic accounting and has extensive experience in the calculation of economic damages resulting from business interruption, loss of profits, extra expense, property damage, product recall and fidelity losses. His focus is on supporting the expansion of the Disputes and Investigations practice of the firm, as well as supporting engagements for first-party business interruption and property damage losses, product liability and fidelity claims, subrogation and litigation support, along with business interruption value assessments.
Burgess has experience in the analysis of economic losses resulting from catastrophic events to companies of all sizes and a wide variety of industries, as well as the proper preparation and submission of claims for those losses. He has experience in matters involving a variety of companies in the manufacturing, hospitality, healthcare, consumer goods, food service, retail and other industries.
Business Interruption and Property Claims:
- Supported claim analysis for several large business interruption and property claims resulting from the 2005 Hurricane’s Katrina & Wilma, including companies in the manufacturing, communications, retail, hospitality, and service industries.
- Supported claims analysis for a leading wireless supplies manufacturer suffering losses caused by an extruder explosion. Losses included direct repairs expenses as well as cost inefficiencies, building rebuild expenses, and lost earnings.
- Supported claims analysis for a leading medical supplies manufacturer suffering losses caused by an ext ruder explosion. Losses included direct repairs expenses as well as cost inefficiencies, building rebuild expenses, and lost earnings.
- Business Interruption Values Assessments: Supported the analysis of business interruption values evaluation for a global media and entertainment company. Established proper values for retail operations and quantified maximum foreseeable loss scenarios to report to the underwriters at annual renewals.
- Subrogation Support: Supported subrogation efforts for a national furniture retailer. Additionally, supported the initial property damage analysis and claim submission.
- Conducted investigations into the common practices for originating debt obligations by a large international financial institution.
- Supported research and analysis for an expert witness report and testimony for a national funeral and cemetery products company trying to recover insurance proceeds in the wake of Hurricane Katrina.
- Supported litigation efforts for a hospitality company looking to recover lost profits resulting from the 2004 Florida hurricanes.
- Fidelity Claims: Supported the analysis of fraud losses for one of the world's leading suppliers of mechanical power transmission equipment. Loss included embezzlement of company funds.