Damages in Investment Arbitration – A Revolutionary Remedy or Reward for Rich Corporations at the Expense of the World’s Poor? A Fundamental Examination of Chorzow’s Children - Chapter 13 - Investment Treaty Arbitration and International Law - Volume 10
DR. SABAHI: This is our fourth session for the conference on my favorite topic: damages and investment arbitration revolutionary remedy or reward for rich corporations at the expense of the world’s poor, a fundamental examination of Chorzów’s principle. We have an eminent group of experts here, valuation experts as well as lawyers, and our moderator is Tim Nelson.
Tim has been with us for many years moderating damages panels, and he’s an expert in this field. He’s a partner in the New York office of Skadden Arps, and he has been involved in a variety of international arbitration cases, investor State cases and commercial, as well as litigations, high stakes litigations. Among the cases that he’s been involved in you all probably know that is the Kardassopoulos v. Georgia. Tim was claimants’ counsel in that case, and he’s currently involved in arbitration cases involving India.
MR. NELSON: Thank you very much, Borzu, for those kind words.
Thank you very much, Mark, for that splendid overview of our dystopian future.
And thank you very much for this Panel for assembling itself. I will get to my authors in a second, but we have a very distinguished group of practitioners, both from the legal industry and from the financial and economics sector, and, of course, damages is the area where we all have to get along professionally and understand each other’s worlds.