Certainty in Recovery of Damages for Losses to New or Incomplete Businesses --Three Paradigms: Biloune v. Ghana, Gemplus v. Mexico, and Siag v. Egypt - Chapter 36 - Revolution in the International Rule of Law: Essays in Honor of Don Wallace, Jr.
considering any philosophy, ask yourself only: What are the facts, and what is the truth that the facts bear out. Never let yourself be diverted, either by what you wish to believe, or what you think could have beneficent social effects if it were believed; but look only and solely at what are the facts. --Bertrand Russell
Borzu Sabahi: I have known Prof. Wallace for more than ten years now. He has been a mentor, teacher, SJD supervisor, co-lecturer, cocounselor, and friend to me. Prof. Wallace has over half a century of experience at the forefront of many legal developments, and hence, many intellectual interests. To give an overview of his contributions, nothing short of this volume would have been adequate. This paper, however, is just one small piece of the puzzle and on an aspect of a topic--damages in investor state arbitration--he and I spent a substantial amount of time exploring during my doctoral studies under his supervision. In the last decade, I have mainly worked with him on this and related matters in a variety of capacities (starting from a research assistant and growing later into a co-professor and co-counselor). I first met him in a Georgetown Law School LL.M. seminar about infrastructure projects in transition and developing countries. At the time, that was the only seminar where three