News | May 27, 2025
Secretariat Announces Newest Managing Directors
Congratulations to our recently promoted Managing Directors: Deven Bowles, Erica Greulich, Greg Johnson, Zack Kilgore, Gareth McDermott, Tony Nedinsky, Michael Pogue, and Ivy Tse.
Loss of Profit Assessment in the Nuclear Sector
Background
The Claimant was a supplier of nuclear fuel under a long-term supply agreement with an energy provider (Respondent).
Our Role
Secretariat professionals were appointed to analyze the economic impact of a breach of the supply agreement.
Outcome
The Claimant had presented a claim for over $700 million based on their expert’s interpretation of the supply agreement. Our experience suggested that the contract should be analyzed from a different point of view with resultant damages of $40 million. The arbitral tribunal agreed completely with our analysis which was presented at the hearing.
Latest Insights
Article | May 23, 2025
Guardians of Finance Integrity
The Federal Reserve Bank of New York (FRBNY) has cemented its role as a global financial watchdog, using its influence to safeguard the integrity of the U.S. dollar and the broader international financial system. Recent regulatory actions related to Iraq and Libya demonstrate a proactive approach to combating illicit financial flows, setting a precedent for oversight in other high-risk jurisdictions, including Syria, Lebanon, Gaza, and Ukraine, which are likely to undergo major post-conflict reconstruction.
News | May 22, 2025
Jury Trial Victory for Marathon Oil Co. in Landmark $123.7M Force Majeure Case
Managing Director Bob Broxson provided expert reports, deposition, and trial testimony on behalf of Marathon Oil Co. in a high-stakes, precedent-setting contract dispute arising from a natural gas delivery impeded in 2021 by Winter Storm Uri.