Complimentary Roux Webinar: How Much Did You Say Nature is Worth?

How Much Did You Say Nature is Worth? Monetizing the Environment and Natural Resources

Thursday, November 29th • 2pm EST
Presented by: Ryan Stifter, M.S., Director, Economics & Complex Analytics

Ever wonder just how dollar values are assigned to preserving natural amenities, or improvements in environmental quality, or changes in the level of services natural resources provide? Has anyone ever asked you what you would be “willing-to-pay” for non-polluted beaches, cleaner air, preserving salmon habitat, or increased river flow rates? While it is generally acknowledged that environmental goods and services are not purchased in the traditional marketplaces everyone is familiar with, determinations of their monetary value are made all the time.

This webinar will introduce the valuation concepts and drill down some into the methods applied to monetizing these hard-to-value goods and services. With the basics in hand, this webinar will describe important aspects of understanding and evaluating monetary valuations to determine the answers necessary to help your client obtain compensation or resolve liabilities sooner, and for an amount that has a rational basis. This will be demonstrated using case studies emphasizing the strengths and weaknesses of valuation methods and common pitfalls.

Register Now

Roux Associates

Ryan Stifter is a Senior Economist and Director in Roux’s Economic & Complex Analytics (ECA) Practice, providing advisory, litigation support, and expert witness services on economic aspects of commercial and environmental litigation, insurance claims, regulatory and management policy, regulatory enforcement, and strategic business decisions involving the environment and natural resources, agriculture and food processing, energy, industrial products, and financial services. Mr. Stifter has provided expert testimony, expert technical consulting, case management, and quantitative economic research support for attorneys, insurance companies, government agencies, industry associations, and both public and private corporations. Mr. Stifter has developed technical expertise within applied microeconomics, agricultural economics, environmental and natural resource economics, industrial organization, and applied econometrics through graduate academic training and involvement with numerous consulting studies, including several high-profile engagements.

Latest News: The Opioid Crisis

Opioid Epidemic America

Evidence of the opioid crisis’ effect on human health is shockingly apparent in two recently released Centers for Disease Control (CDC) reports. According to the reports, for the past two years the opioid epidemic has led to a decrease in life expectancy in the United States. This decrease in U.S. life expectancy is in sharp contrast to a continued increase in life expectancy for people of other developed nations around the world. From 2000-2016, more than 600,000 people in the U.S. died from opioid-related drug overdoses.

In 2018, we have begun to see the opioid health crisis morph into a rapid rise in opioid-related lawsuits as U.S. states, cities, and municipalities have filed suits against pharmaceutical companies, distributors, pharmacies, and doctors. Much like tobacco litigation, state attorney generals and other public officials have partnered with plaintiff law firms to initiate this litigation. To date, over 100 states, cities, and counties have filed lawsuits against various players of the opioid industry.

With this type of activity, policyholders and insurers with exposure to the risk of opioid litigation may want to take proactive measures to examine and evaluate their relative risk to these opioid lawsuits. For more information and resources, please view our Opioid Epidemic page.

Introducing Our New Practice Area: Economic & Complex Analytics (ECA)

Roux Introduces A New Practice Area: Economic & Complex Analytics (ECA)

Evaluating the Impact of Environmental, Product, and Litigation Risk

Roux is proud to announce the addition of a new practice area to our firm: Economic & Complex Analytics (ECA). Our new ECA practice expands the scope of our services to encompass the evaluation of legal, scientific, and financial risks associated with environmental, mass tort, and product liability litigation. Our collective ECA expertise has been leveraged in complex insurance coverage disputes, arbitrations, Securities and Exchange Commission (SEC) reserve disclosures, financial due diligence, bankruptcy reorganizations, underlying claim evaluations, and public policy initiatives. Our experts have analyzed a diverse set of environmental and product liability risks, including many forms of environmental toxins and deleterious substances.

Marc Scarcella has fifteen years of experience as an economic consultant for mass tort litigation, specializing in quantitative methods and their applications in dispute resolution and strategic litigation management. Peter R. Kelso is an expert on mass tort and product liability litigation, specializing in data aggregation and other database management services to advise clients on litigation risk.

Click here to learn more about ECA, our areas of expertise, and our team leaders.

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Check out some of Roux’s upcoming events and webinars below!

Upcoming Events

Wednesday, September 21
FETTI Conference 2016
“Did Law Kill Science?” Presented by Adam Love, Ph.D. and
Noel Edlin of Bassi Edlin Huie & Blum
Chicago, IL

Monday, September 26
NAIOP Commercial Real Estate Conference
Scottsdale, AZ

Wednesday, October 19
ICSC Chicago Deal Making
Chicago, IL

Wednesday, October 26
NAEM 2016 EHS & Sustainability Management Forum
Denver, CO

Tuesday, November 1
NAIOP O.CON ’16 – The Office Conference

Los Angeles, CA

Thursday, November 3
2016 CLM Southwest Conference
“Bankruptcy Trust Transparency – Garlock Decision”
Presented by Peter Kelso and Panel 

Dallas, TX

Upcoming Roux Webinars

Thursday, October 6
Did Law Kill Science? 

Adam Love, Ph.D. and Noel Edlin of Bassi Edlin Huie & Blum LLP

Wednesday, October 26
Solvents and Fuel in Soil and Groundwater:
When the Usual Hydrogeologist’s Toolbox is Insufficient

Walt W. McNab, Jr., Ph.D.

Tuesday, November 1
“Reopeners – What Me Worry?”
Adam Love, Ph.D. and Nicole Sullivan of Chiesa Shahinian & Giantomasi PC

Thursday, December 8
Cleanup Options for Navajo Abandoned Uranium Mines
Dr. Neil M. Ram, Catherine Moore, and Lawrence McTiernan

Webcast: The SEC Revised Compliance and Disclosure Interpretations (C&DIs)

Wednesday, September 14 from 10am-12 noon (Eastern Time)

Marc Scarcella, Principal and Economic & Complex Analytics Practice Area Leader at Roux Associates, will be speaking in a webcast on Wednesday, September 14 presented by The Knowledge Group: The SEC Revised Compliance and Disclosure Interpretations (C&DIs): Time to Rethink Your Firm’s Current Non-GAAP Measures.

About the Webcast:

Financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP) provide investors, analysts, and other users with a defined basis for conducting financial analysis and comparison among different entities. A Non-GAAP financial measure is anything other than those specified, defined, or determined by the GAAP, which can be useful in providing insight into a company’s financial performance, financial conditions, and/or cash flow. However, Non-GAAP financial measures are often company-specific, and can be problematic if they are not defined properly and accurately.

As a result, the Securities and Exchange Commission (SEC) has heightened its enforcement of Non-GAAP disclosure rules, even revising its Compliance and Disclosure Interpretations (C&DIs) relating to these measures. In this two-hour webcast, a panel of distinguished professionals and thought leaders will provide the audience with an in-depth discussion of the SEC’s revised C&DIs, covering how to avoid potential legal pitfalls.

Marc will be specifically addressing the following:

  • Considerations for disclosing litigation and environmental risks
  • Striking a balance between providing necessary transparency without creating unnecessary balance sheet drag
  • Evaluation of offsetting insurance assets to minimize net material impact on operations
  • Factors to consider when disclosing
  • How to handle uncertainty
  • Disclosure process

Roux Associates Courtesy Registration:

For those who would like to use this webcast toward Continuing Legal Education (CLE), Continuing Professional Education (CPE), or Continuing Education (CE) credit, the webcast is complimentary for the first 30 registrants courtesy of Roux Associates. Once all of the passes have been used, those who need a certificate of attendance for credit can register at a special half price rate of $25. Click here to redeem these offers.

For more information and/or to register for the webcast via The Knowledge Group, please click here.

Roux Associates Welcomes Two New Principals

Introducing: Marc Scarcella & Peter R. Kelso

Roux is pleased to welcome two new Principals to our team: Marc Scarcella and Peter R. Kelso, whose extensive litigation experience is concentrated in Economic & Complex Analytics (ECA).

ECA professionals are nationally recognized for expertise in helping clients evaluate the legal, scientific, and financial risks associated with environmental, mass tort, and product liability litigation. Our experts will provide strategic consulting and expert services that assist clients to identify, quantify, forecast, and mitigate current and emerging environmental and product liability risk. Their collective expertise has been leveraged in complex insurance coverage disputes, arbitrations, Securities and Exchange Commission (SEC) reserve disclosures, financial due diligence, bankruptcy reorganizations, underlying claim evaluations, and public policy initiatives.

Mr. Scarcella and Mr. Kelso specialize in the following topics, just to name a few:

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Marc Scarcella has fifteen years of experience as an economic consultant for mass tort litigation, specializing in quantitative methods and their applications in dispute resolution and strategic litigation management. Prior to joining Roux Associates, Mr. Scarcella was a Principal at Bates White Economic Consulting and a Managing Director at Analysis Research Planning Corporation.

Mr. Scarcella has acted as a consulting and testifying expert at both state and federal levels, on a number of complex insurance coverage cases. He has developed economic models for estimating potential insurance recoveries due to environmental and product liability claims. Mr. Scarcella has applied his expertise in forecasting future loss and litigation risk to the areas of asbestos, silica, pharmaceutical, medical devices, water contamination, sports-related head trauma, tobacco litigation, and various other forms of environmental toxins and deleterious substances.

Peter R. Kelso has been at the forefront of identifying emerging litigation trends for over fifteen years. Mr. Kelso is an expert on mass tort and product liability litigation. He specializes in data aggregation and other database management services to advise clients on litigation risk. He has advised Fortune 100 companies, international insurers and reinsurers, and many of the top investment firms on Wall Street on quantifying current and future potential costs associated with litigation outcomes.

Prior to joining Roux Associates as a Principal, Mr. Kelso was a Director at Bates White as well as a Vice President at Litigation Resolution Group. His expertise extends to insurance coverage negotiations, mergers and acquisitions, liability ring fencing activities, and bankruptcy reorganizations.

To learn more about Marc and Peter, please click on the PDFs below:

Marc Scarcella Professional Profile
Peter R. Kelso Professional Profile