NERA Experts Discuss Recent Developments in Resolving Financial Services Disputes Through International Arbitration

23 January 2019
Chapter authored by Dr. Chudozie Okongwu. Edited by John A. Trenor.

Dr. Chudozie Okongwu, Managing Director and Head of NERA’s European Finance, Litigation, and Dispute Resolution Group, with assistance from NERA Associate Director Erin B. McHugh, has authored a chapter entitled “Damages in Financial Services Arbitrations,” for Global Arbitration Review’s The Guide to Damages in International Arbitration

In this chapter, our experts outline the types of financial services disputes that may be brought before an international arbitration tribunal, including claims for losses resulting from expropriation, suspension of payments or default on a financial instrument, or disagreements on the value upon close-out or termination of positions. Our experts also discuss the general concepts that are applicable to the valuation of all financial instruments and explain more complex concepts that are particularly important in the context of valuing derivatives.

Global Arbitration Review’s The Guide to Damages in International Arbitration is a desktop reference guide for arbitration practitioners seeking a high-level overview of damages, including related legal principles, procedural issues, valuation techniques for assessing and quantifying damages, and industry-specific considerations.

The guide is available online here and is also available in hard copy for purchase from Global Arbitration Review.