August 4, 2020
Climate change is an existential threat to the planet. Increasingly, litigation and arbitration are being pursued as a means of forcing governments and companies to take responsibility for their actions and impacts on climate change. In this article, Secretariat Managing Director Andrew Maclay takes a look at some prominent cases in climate change litigation and arbitration and discusses their implications for the quantifications of damages.
Differing Site Conditions Can Derail Construction Schedules and Budgets
Differing Site Conditions arise when actual site conditions differ from those expected or indicated. Experts assess bid info, site conditions, schedule impacts, and costs to determine causation, delay, and related damages.
A New Perspective on Spatial Heterogeneity in African Development
Nicolas Suarez, an economist at Secretariat, together with Pascaline Dupas and Zhongyi Tang, present “A New Perspective on Spatial Heterogeneity in African Development”, which addresses the long standing debate on the effect of national institutions on development outcomes.
Assessing Material Adverse Event Clauses Amid Iran Conflict
In a recent Law360 article, Amran Nawaz and Ralph Stobwasser examine how MAE provisions are being tested amid ongoing regional disruption and the financial analysis needed to support or challenge them.