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14 Remedies—Damages »

Andrea J Menaker, Suyash G Paliwal
From: International Financial Disputes: Arbitration and Mediation
Edited By: Jeffrey Golden, Carolyn Lamm
This chapter provides an overview of the steps to awarding damages in international financial disputes, including the choice of applicable law, quantification of damages, currency determinations, and the awarding of interest. Because international financial disputes can lead to both commercial and investment treaty arbitrations, and can draw on many bodies of law, the chapter covers national/municipal law and international law, as well as Shari'a and lex mercatoria, as relevant to damages.