News | April 1, 2025
Beyond the Buyout: Domino’s Done but Other Deals Stuck in SE Asia
Managing Director Charlie Warren explores the impact of consumer boycotts on M&A in Southeast Asia in Deal Street Asia’s latest article, Beyond the Buyout.
The Claimant was a large privately-owned gaming company that had acquired an exclusive license to operate casinos, slot machine halls, and lottery activities in the Respondent’s jurisdiction, and it operated these businesses for over a decade. The Respondent ultimately revoked the Claimant’s gaming license based on its position that the Claimant had allegedly violated the regulatory framework in place in its jurisdiction.
Secretariat professionals were engaged by the Claimant to quantify the economic damages it allegedly sustained in connection with its ICSID claim against the government that revoked its gaming license.
We prepared a valuation of the Claimant’s gaming license as at the revocation date using the discounted cash flow method, based on a robust financial model that incorporated the forecasted revenues, costs and economic assumptions in 2013. We also considered market-based valuation methods to test the reasonability of our conclusions under our primary valuation approach. We testified on valuation and economic damages issues at a hearing held at the ICC in Paris.
Beyond the Buyout: Domino’s Done but Other Deals Stuck in SE Asia
Managing Director Charlie Warren explores the impact of consumer boycotts on M&A in Southeast Asia in Deal Street Asia’s latest article, Beyond the Buyout.
The Future of eDiscovery: Generative AI’s Impact
Generative AI is transforming eDiscovery, reshaping legal document review with greater efficiency and scalability. But as with predictive coding, technology alone is not enough. Human expertise remains essential to ensure accuracy, mitigate bias, and uphold ethical standards.
The 2025 Artificial Intelligence Report, conducted by Secretariat in collaboration with ACEDS, has revealed groundbreaking insights into the rapidly evolving role of artificial intelligence (AI) in the legal industry. With a focus on Generative AI (GenAI) and its increasing integration into legal workflows, the survey provides essential data for organizations navigating the future of legal practice and technology. Now in its third year, the report’s research and analysis was once again led by legal AI expert Richard Finkelman in collaboration with ACEDS. This year also marks the first partnership with Secretariat to sponsor this comprehensive study.