Michael LoGiudice is the Managing Director of the firm's Chicago Office disputes, insurance and litigation practice. As a valuation and damages measurement expert for complex business disputes, lost profits, business interruption, construction delay, property and liability insurance claims, Mr. LoGiudice's expertise is in drawing the nexus between the actions proven to have occurred and the subsequent damages caused by the actions. He has testified in State and Federal court. He has worked in a wide variety of businesses including construction, manufacturing, shipping/logistics, consumer electronics, process costing, retail sales, chemical and petrochemical manufacturing industries. He was CFO of a construction company for 15 years and two manufacturers. Judges and juries have accepted his damage measurements in complex litigation involving construction cost, trademark value, fire, electronic component manufacture, automotive suppliers, consumer electronics distribution, consumer credit fraud, manufacturing defects, construction delay, breach of contract and bankruptcy cases.
Mr. LoGiudice's activities have ranged from measuring the value of the loss of reputation due to manufacturing defects, to calculating the business loss due to a lack of raw materials at critical points in one of the world's largest automotive parts manufacturer's supply chain. He modeled damages sustained due to a crane collapse at the Port of Houston. He often provides the business modeling necessary to compare actual results versus the expected results "but for" the actions alleged or proven in liability phases of litigation.
After the September 11, 2001 attacks, Mr. LoGiudice evaluated business losses sustained by the concessions at the airports throughout the United States. This evaluation included the measurement of losses due to airplanes being grounded, new security measures, and airport retrofitting being mandated. After Hurricane Katrina he was involved in some of the largest losses on the Gulf Coast.
Mr. LoGiudice has handled claims with an international scope. He has helped Fortune 500 companies measure profit impact and extra expense incurred due to changes in global logistical supply chains due to the loss of distribution or manufacturing facilities.
Mr. LoGiudice came to CBIZ from Navigant and PricewaterhouseCoopers, before that he was the Chicago head of forensic accounting for a subsidiary of one of the world's largest insurance brokerage firms. Prior to that, Mr. LoGiudice was a CFO in the construction, manufacturing and food processing industries. Mr. LoGiudice received his CPA certificate in 1975 and is a member of the American Institute of CPAs and the Illinois Society of CPAs.