CRA provided expert reports and hearing testimony on behalf of the respondent in an arbitration arising from an alleged breach of a supply agreement related to diagnostics. The claimant alleged damages relating to completion of a construction agreement and the costs associated with 60 years of alternate sourcing of requirements. CRA’s assessment included an evaluation of global demand factors (including changes in technologies) and global supply alternatives (including an assessment of related multinational policy initiatives) to demonstrate that claimant’s potential revenue would significantly and irreparably erode within five years, leading to minimal damages.
Damages in Life Sciences Arbitrations
Gregory K. Bell, Andrew Tepperman, and Justin Ho contributed a chapter to Global Arbitration Review’s The Guide to Damages in International Arbitration. Their...