Services – Insurance and Litigation
Greenbaum, Rowe, Smith & Davis, LLP – 7 World Trade Center, New York, NY
JM Sorge, Inc. (JMS) was retained to calculate the quantity of oil released in the vicinity of the Solomon Smith Barney, Inc. (SSB) standby diesel generator tanks formerly located underground at building 7 World Trade Center (7WTC). JMS completed a review of all available data regarding the closure of the fiberglass tanks and prepared an Expert Report documenting our findings.
Since various data gaps were present in the available record provided by the consultants for SSB and the building owner; JMS utilized a Monte Carlo analysis methodology to account for imprecisely known variables. This method allowed the use of realistic variable ranges to estimate the volume of residual oil present within the various impacted media at the site as well as in the waste materials previously removed from the site.
JMS subsequently provided a supplemental rebuttal report addressing two reports prepared by experts retained by SSB. The JMS Expert Report refuted the previous findings and led to a favorable settlement of this case.