Chris Gerardi, supported by Hong Qiao, was retained as a quantum expert on behalf of a diversified manufacturer of avionics products and services (at issue, aircraft landing system components) under American Arbitration Association rule with a claim value of $50-100 million concerning issues of breach of contract.
Pre-award interest: Is LIBOR+2% a reasonable commercial rate?
Aside from settings where the pre-award interest rate is set by contract, tribunals are often guided by the notion of a commercial rate (e.g., “Compensation...