A CRA expert was appointed to act as the expert witness on behalf of the respondent in an ICSID dispute regarding the termination of oil exploration and development licences offshore West Africa. They provided expert reports assessing the analysis of the fair market value of the licences relied on in the claimant’s assessment of damages. An alternative valuation was put forward relying on comparable transactions in the same basin, adjusted to take into account significant differences in terms and timing.
Energy and Commodity Arbitrations
Christian Jeffery contributed a chapter on “Energy and Commodity Arbitrations” in The International Arbitration Review. Projects in energy and extractive...