Damages&Compnstn IntlCommArb (LAW-795DS-001)
6/13/16-6/16/16 This one-credit course is offered as part of the International Arbitration Summer Program. JD and LLM Students can participate in all extracurricular activities. For more information, please go to https://www.wcl.american.edu/arbitration/summer_network_activities.cfm Student who take at least 3 arbitration summer courses will receive a certificate of completion.
The valuation of damages in an international arbitration is one of the most important phases of the procedure. Many lawyers have left this process completely to economists and specialized valuators without endeavoring in understanding the valuation process in detail. In this course, students and practitioners will be able to understand the different valuation methods that can be applied to the damage-calculation process from an academic and analytical perspective. The course will provide practical knowledge to understand the determination of damages and compensation in international commercial and investment arbitration. Students will be guided from the preliminary stages of an arbitration to cover each aspect of the valuation process: identifying data and key assumptions, choice of methods, value, determination, and interest accrual. The course intends to provide practical aspects of quantum that lawyers must know. The course will be based on two mock scenarios to help students in understanding principles and concepts used in the determination of damages and compensation. The first case will involve an investment arbitration where, after several regulatory measures that allegedly impacted the subject company’s value, the government takes control of a concession. The second mock scenario will involve a commercial arbitration between two private parties that have different views in the interpretation of a contractual clause.
Textbooks and Other Materials
The textbook information on this page was provided by the instructor. Students should use this information when considering purchases from the AU Campus Store or other vendors. Students may check to determine if books are currently available for purchase online.
Class materials for this course will be posted in MyWCL right after the spring courses are over (around mid-May). The Center usually has the class materials ready from May 1. If you would like to receive a copy in electronic format, please send an email to email@example.com
First Class Readings
Will be available at MyWCL Exam Information: The exam is a 24-hour take-home test. Students may download the take-home exams from the day after the last class of the course has taken place. The exams will be available online until July 1, 2016 (5:00pm DC Time) at MyWCL. Therefore, participants are not required to stay in DC after June 16.