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Guesstimates in assessing damages by the arbitrator
About Video
Uploaded on 30 July, 2024
In this video, members of our International Dispute Resolution and Investigations team discuss the Delhi High Court judgment of Cobra Instalaciones Y Servicios, S.A. & Shyam Indus Power Solution Pvt. Ltd. (J.V.) v Haryana Vidyut Prasaran Nigam Ltd., where the power of the arbitrator to employ “guesswork” and “rough and ready” methods to assess damages when precise quantification of losses is difficult, was upheld.
Length : 09:07
Category: homepage and Public.
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