Over $10B of damages: international investment arbitration proceedings

#UNCITRAL #mining #CIS #investment arbitration #assessment of damages

Our experts have been appointed by the claimant – mining company from CIS country – as independent experts in international investment arbitration proceedings concerning compensation for damages arising from the opposing party’s termination of a long-term contract for the transportation of finished products. Leveraging extensive expertise in investment arbitration and complex commercial valuations, our team conducted a comprehensive and methodologically rigorous assessment of damages, which exceeded $10B. This engagement involved detailed analysis of contractual obligations, market conditions, and the economic impact of the contract termination, reflecting the high stakes and intricate nature of disputes typical in investment arbitration landscape.

The proceedings are situated within the broader context of international investment arbitration, a mechanism widely used in the CIS region to resolve disputes between foreign investors and host states or state-affiliated entities under bilateral investment treaties or multilateral agreements. CIS countries, while varying in their ratification of international arbitration conventions such as ICSID, have increasingly adopted arbitration-friendly legislation and frameworks, facilitating the resolution of high-value investment disputes through recognized international forums. Our role as independent experts in such a significant case underscores our capability to navigate the complex economic issues characteristic of investment arbitration in this jurisdictional and geopolitical context.