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.