A team from CRA London and New York assisted a shareholder of a heavy industry manufacturer based in the Czech Republic. CRA’s client was involved a shareholder dispute before a LCIA tribunal in London, involving alleged fraud by various parties. CRA provided expert consulting services to the legal team to help them prepare and respond to various submissions by the parties. CRA also provided independent expert reports dealing with quantum of loss, the correct application of IFRS accounting standards, and industry-specific valuation issues. CRA’s experts were cross-examined at the LCIA arbitration hearing in London.
Project finance basics for International Arbitration practitioners
Lenders often depend exclusively on project revenues for repayment, so any operational or regulatory disruption can quickly jeopardize covenant compliance and...