A manufacturer in the wood panel sector suffered lost production when its power plant failed. The manufacturer received payments from its insurer in respect of a business interruption claim and the insurer initiated the lost profits following a disruption of power supply.
Secretariat professionals were appointed to provide expert services on behalf of the Respondent in the LCIA Arbitration to assess the business interruption lost profits derived from the loss of power, net of any mitigation.
We carried out a detailed analysis of the opposing expert’s analysis of lost production, increased energy costs and ensuing lost profits and costs of mitigation. Finding the Claimant’s model to be unreliable and cumbersome we produced our own model and made our own assessment of the losses suffered as a result of the interruption to self-generated power.
Secretariat’s Norman Harrison and Ben Boorer, together with Taylor Wessing attorneys Natasha Zahid and Mohammed Tartir, dive into the latest whistleblower issues and trends across the US, Europe, and the Middle East in their article, “When the Whistle Blows.”
Secretariat Experts Contribute to “2024 Annual Review of Antitrust Law Developments”
Secretariat team members Stuart Gurrea, Jéssica Dutra, Wei Tan, Pablo Varas, and Noah Case have contributed to “Chapter I — Restraints of Trade” in the recently published “2024 Annual Review of Antitrust Law Developments” from the ABA Antitrust Law Section. Michael Koenig contributed to “Chapter VIII — Civil Government Enforcement”.
Norman Harrison Named as 2025 Top Consultant by Consulting Magazine
Secretariat is proud to celebrate Norman Harrison’s recognition as a 2025 Top Consultant for Excellence in Regulation and Compliance by Consulting Magazine. This prestigious honor highlights his exceptional contributions to the consulting profession, particularly in helping clients navigate complex regulatory landscapes and ensuing investigations and disputes, as well as resolve compliance issues in highly regulated industries.