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 same company was looking to claim alleged damages considering that the individual was using its brand name for a wider range of products than that initially agreed.
This engagement was an interesting case in light of the importance of the damage valuation methodology and computation. Without regard for the potential validity of the claim from a legal standpoint, we highlighted the significant shortcomings of the valuation methodology, in particular considering the absence of any causal link between the claim and the quantified scenario prepared by the claimant. We were able to explain why the valuation could not therefore be considered as a serious and valid basis for any damages to be granted.
