Damages in International Arbitration under Complex Long-term Contracts
Författare:Wöss Herfried , San Román Rivera Adriana , Spiller Pablo , Dellepiane Santiago
Titel:Damages in International Arbitration under Complex Long-term Contracts
Omfång:384 sid.
Förlag:Oxford University Press

Pris: 1974 SEK exkl. moms


Damages are a topic of central importance in international arbitration, being very often the principal concern of the parties, and an indication of the performance of their counsel. They are also one of the most complex topics. This book addresses the many competing factors that contribute to their nature and amount: while they are compensatory, they may be subject to counterclaims and set-offs, affected by failures to mitigate, or inflated by considerations such as interest and costs. Specialist evidence is relied on to complete composite calculations, taking into account such evasive factors as the destruction of market value, uncertainty of future revenues, projected interest rate changes, and lost dividends. The lack of understanding of the underlying considerations, methods such as "splitting the baby", or dogmas such as the misinterpreted "efficient breach of contract", combined with the already high level of burden of proof, can make successful damages claims or properly reasoned awards difficult to achieve.

This book provides in-depth analysis of the legal, financial, and economic issues involved in the preparation of claims and arbitral awards for damages and loss of income, for the breach of complex
long-term contracts in international arbitration. The authors address matters such as the but-for method and the reconstruction of the hypothetical course of events as well as the quantification of damages.

It provides a detailed coverage of issues arising when structuring, arbitrating, or making an award on damages, making it a valuable reference for practitioners in the field. It includes a number of leading cases (including commercial and investment arbitrations), focusing on the damages analysis for breach of contract.

1: Introduction
2: The Role and Importance of Damages Law for Breach of Contract
3: The Complex Long-term Contract
4: Damages Claims for Breach of Contract under Comparative and Transnational Law
5: Structuring, Analysing and Proving a Damages Claim
6: Valuation of Damages
7: Other Claims
8: Conclusions
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