Evaluation of Damages in International Arbitration

ICC Dossiers Volume 4

It is often said that an arbitral award is worth only as much as the ability to secure its enforceability. To the extent the vast majority of prayers for relief in arbitration are for money damages, an arbitral award granting damages is worth only as much as the ability to obtain payment, voluntary or compulsory, for such damages.

Evaluation of Damages in International Arbitration, this Dossier IV, the newest Dossier prepared by the ICC Institute of World Business Law, provides a comprehensive overview of the difficulties encountered by arbitrators, governments and international organizations in assessing and calculating the amounts of recoverable damages in international arbitration disputes.

The present volume is comprised of ten chapters written by expert arbitrators and practitioners, many of whom are affiliated with the ICC International Court of Arbitration. Each contributor has written a chapter addressing the key issues and practical solutions in evaluating and recovering damages for those specialized disputes. The contributors are:

• Serge Lazareff

• Richard H. Kreindler

• Paul-A. Gélinas

• Alexander S. Komarov

• Jan Paulsson

• Yasuhei Taniguchi

• Jacques Werner

• Hugo Perezcano Díaz

• Nayla Comair-Obeid

• Henry Weisburg

• Christopher Ryan

• Vivian Ramsey

• Bernard Hanotiau

• Yves Derains

The ICC Institute of World Business Law brings together the finest legal minds to strengthen links between international business practitioners and the legal profession. The Institute’s ‘Dossiers’ is a series that has gained international prestige. These Dossiers are the outcome of the Institute’s annual meetings, where experts from around the globe come together to discuss salient issues of international commercial law and arbitration.

An ICC Services publication, distributed by Kluwer Law International.