Sometimes things do not quite go as expected. Economics can play a key role in putting wrongs to right.
We apply economic knowledge to manage disputes effectively. We bring together a unique set of skills and capabilities to test or support the basis of any claim for loss or damage. These include financial analysis, modelling, corporate finance, valuation, risk analysis, econometrics and contract design.
Our services cover several areas of dispute work. Specifically, we are frequently called on to provide expert reports and testimony in connection with:
Litigation support: We provide expert testimony for legal hearings;
Royalty disputes: We also provide expert testimony and preparation of challenges relating to the collection of intellectual property royalty fees;
Tax disputes: We can support the casework for settlements and for hearings before the VAT and Duties Tribunals, General Commissioners and Special Commissioners;
Appeals: We also help with the preparation of cases for appeals to judicial bodies (e.g. Court of Appeal, European Court of Justice) and quasi-judicial bodies (e.g. Competition Appeal Tribunal, Competition and Markets Authority);
International Arbitration: We provide expert testimony for hearings before international arbitration panels in relation to both investment and commercial disputes. We have assisted both sovereign states and claimants in arbitration fora including International Centre for Settlement of Investment Disputes, International Chamber of Commerce and ad hoc tribunals under United Nations Commission on International Trade Law rules; and
Mediation services: Finally, we can offer independent mediation and settlement facilitation between disputing parties.
Today, a tribunal of the International Chamber of Commerce rejected as unfounded a claim brought by an Austrian energy company against the Austrian gas storage operator RAG Energy Storage (“RAG“) for failing to adjust the terms of a natural gas storage agreement.