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6 Valuation of Damages in International Arbitration

From: Damages in International Arbitration under Complex Long-term Contracts

Herfried Wöss, Adriana San Román Rivera, Pablo T Spiller, Santiago Dellepiane

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2022. All Rights Reserved.date: 19 August 2022

Subject(s):
Damages — Contract claims — Compensation — Valuation
6.01 The calculation of damages in disputes involving complex long-term contracts must marry two universes: it must rely on an understanding of the facts of each matter under dispute, be consistent with the legal framework and merits of a case, and must also utilize the best-available tools in the fields of economics and valuation theory and practice. This chapter is aimed not as an inventory of such tools, but rather as a study of cases (some based on real examples and some hypothetical) of how the interaction between circumstance and legal theory may inform the...
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