CRA was retained by the respondent in an ICC arbitration in which the claimant alleged an inappropriate termination of a supply agreement relating to material used in a vaccine. CRA’s analysis demonstrated that changes in the commercial market circumstances for the final product had eroded the returns to untenable levels, showing that it would be in neither party’s interests to maintain the supply agreement.
Looking ahead to 2026: Trends and expectations for International Arbitration
Across both investor-state and commercial cases, quantum debates have recently turned on attribution under concurrent shocks, the interaction of contract terms...