CRA was retained by counsel to the claimant in an arbitration caused by defective equipment. The claimant had acquired purportedly more efficient equipment that is necessary for downstream processing of extracted lithium. Such equipment was defective, leading to lost profits and out-of-pocket costs beyond the acquisition price. After multiple expert reports, this dispute was settled on favorable terms.
Calculating damages in IEEPA tariff refund litigation
But it did not resolve a harder question: Who bore their economic cost? That distinction is now driving two parallel waves of private litigation: commercial...