Partner John Trenor will speak on the panel "Contractual Caps on Damages, Including Limitations on Consequential or Indirect Damages" at this conference, which provides insights from leading authorities on how best to determine what prevailing on the merits in international arbitration is worth.
Panel Description: This panel will discuss the issues that counsel, arbitrators and experts face when faced with a contract that purports to cap or limit the extent of damages, including through limitations on consequential or indirect damages. What effect does this have on the ability of arbitrators to grant monetary relief? What constraints does this put on damages models? What arguments are available (or not available) to counsel seeking to overcome limits on “consequential” damages—and are the concepts of “direct,” “consequential” and “indirect” damages workable/meaningful?