Business case
A well-known luxury company had sold the rights to sell products under its brand name in the Middle East to an individual. A few years later, the luxury company was looking to claim alleged damages considering that the individual in the Middle East was using its brand name for a wider range of products than that initially agreed.
This engagement highlighted the importance of the damage estimation methodology and computation. Without regard for the potential validity of the claim from a legal standpoint, we highlighted the significant shortcomings of the methodology, in particular because there was no causal link between the claim and the financial assessment by the claimant. We were able to explain why the estimation could therefore not be considered as a serious and valid basis for any damages to be granted.
We were engaged to analyse and challenge the robustness of the damage assessment prepared by the claimant in the arbitration.