On behalf of a major securities exchange, a team of CRA consultants developed estimate of economic damages arising from alleged infringement of patented technology relating to an automated exchange for trading derivative securities, such as options contracts, and a process for trading a financial instrument on an automated exchange. Technology addressed pro-rata matching, public customer priority, professional participation, small-order preference and away-market protection.
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...