In an international arbitration at the LCIA, CRA assisted a client by assessing the value and marketability of bespoke fixed-income instruments in Eastern Europe. The securities involved in the case included equity-collateralized corporate loans and pay-in-kind (PIK) corporate bonds. The analysis of each security involved evaluation of its credit / default risk, default probabilities, liquidity, and fair value. The project was led by Tiago Duarte-Silva.
Mining arbitrations in practice: Filing trends, shifting geography, and claimant recovery
Building on CRA’s 2023 study of disputes involving mineral assets, Tiago Duarte-Silva and Swati Kanoria examine over 150 investor-State mining arbitrations...