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This lunch & learn session explores a case study in the energy sector — a dispute arising out of an intended global joint venture negotiated between two large, sophisticated, multinational companies over a period of approximately one year following an initial Memorandum of Understanding. Company 2 was to acquire an interest in a number of Company 1’s major worldwide assets, for which Company 2 would pay a cash price in the billions, reduced due to a global downturn. Critical calculations include damages for loss of bargain and damages for loss of opportunity (consequential loss, loss of chance, or wasted expenditure, etc.). Seasoned experts will present damages methodologies in a mock hearing, addressing each “head of damages” without double counting. Join us for an engaging session.
By New York International Arbitration CenterThis lunch & learn session explores a case study in the energy sector — a dispute arising out of an intended global joint venture negotiated between two large, sophisticated, multinational companies over a period of approximately one year following an initial Memorandum of Understanding. Company 2 was to acquire an interest in a number of Company 1’s major worldwide assets, for which Company 2 would pay a cash price in the billions, reduced due to a global downturn. Critical calculations include damages for loss of bargain and damages for loss of opportunity (consequential loss, loss of chance, or wasted expenditure, etc.). Seasoned experts will present damages methodologies in a mock hearing, addressing each “head of damages” without double counting. Join us for an engaging session.