Prejudgment interest – a mere afterthought?
Prejudgment interest may be a mere afterthought to many counsel and tribunals but it has significant economic impact on awards.Tiago Duarte-Silva, an economist at Charles River Associates in Boston, and Jorge Mattamouros of King & Spalding in Houston consider the treatment of prejudgment interest in 63 ICSID awards since 2000, which on average added 26% to the damages.
To read more
Subscribe to Global Arbitration Review
Subscribe and start reading now
Global Arbitration Review (GAR) is the online home for international arbitration specialists, telling them everything they need to know about all the developments that matter.