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.
The end of LIBOR: Which benchmark rate for pre-award interest?
LIBOR was discontinued for most currencies at the end of 2021, with only USD LIBOR set to be discontinued in 2023.[1] As noted earlier, LIBOR has been widely...