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.
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 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.
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.
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.