Matson, Driscoll and Damico Forensic Accountants

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July 2009
PARTNER'S CORNER
BUILDER’S RISK – QUANTIFYING THE SOFT COSTS & TIME ELEMENT
John A. Damico, CPA

While most construction projects are carefully planned, funded and include contingencies for the scheduled completion date and total costs, an unanticipated and extended delay in startup ("slippage") can be a devastating and potentially lethal economic blow

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GUEST EXPERT
NINTH CIRCUIT RULES FLOOD EXCLUSION UNAMBIGUOUSLY BARS COVERAGE FOR STORM SURGE DAMAGE FROM HURRICANE KATRINA
Thomas H. Cook, Jr. and Patricia St. Peter

On April 2, 2009, the U.S. Court of Appeals for the Ninth Circuit issued an order in Northrop Grumman Corporation v. Factory Mutual Insurance Company denying Northrop’s Petition for Rehearing and for Rehearing en banc of the Court’s August 14, 2008 decision.
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ASK THE EXPERT
Q: What tips can I give my policy holders to help them ensure they’ve got the necessary financial documentation readily available in the event their business is damaged or destroyed by a natural disaster?

A: Click here to read the full answer.

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NEWS & EVENTS
MD&D TO HOST ANNUAL ROUNDTABLE AT LLOYDS OF LONDON
On Thursday, July 9, Matson, Driscoll & Damico will once again host its Business Interruption panel in The Old Library at Lloyds of London.
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RESTAURANTS EXTRAORDINAIRE
Purely Mexican
Brooke Alexander

Situated in an old Pure gas station complete with a transparent garage door, Pure Taqueria is an eclectic eatery with exceptional food and drink.
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Matson, Driscoll & Damico
750 Hammond Drive N.E.
Building 14
Atlanta, GA 30328
For a listing of all MD&D locations, visit
www.mdd.net
ForensicInsight@mdd.com
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