PANEL 2: Are Standards of Compensation Getting Lost in Translation? - Journal of Damages in International Arbitration, Vol.4, No.1
Originally from Journal of Damages in International Arbitration
MS. BEHARRY: Good afternoon.
As one of the co chairs of this year’s Juris Conference, I want to start by welcoming you all here today. I’m delighted to see so many new and familiar faces in the audience. We’ve just had a terrific first panel on valuation methods, and an informative keynote speech by Professor Fernández Armesto.
Our second panel will now focus on how compensation standards are applied by valuation experts in international investment arbitration.
This panel will address the question of whether standards of compensation are getting lost in translation from legal concepts to valuation practices.
We’ve divided our panel into three parts: First, we will discuss the differences in compensation standards applied in commercial and investment arbitration. Some of these topics were touched upon in Professor Fernández Armesto’s keynote speech. This panel will delve deeper into these concepts.
Second, we will look at the meaning attributed to these standards by financial experts and consider the impact the applicable standard has on the way a valuation is conducted.
The third part of this panel will consider best practices for ensuring that legal principles are properly translated into valuation practices.
We have legal and economic experts on this panel to weigh in on these issues.
Timothy Nelson is a partner in the New York Office of Skadden. He has extensive experience in international arbitration and litigation, including private and commercial disputes, as well as disputes governed by public international law.
Tim is widely published and has been recognized as a leading lawyer by the Chambers’ Guides and Who’s Who Legal.
Irmgard Marboe is a professor of international law at the University of Vienna. Her research focus includes international investment law and damages and compensation in international law.