About
Edmond Richards is a partner at Accuracy. Since 2010, Edmond has specialised in the assessment of damages arising from treaty and contract breaches, in both arbitration and litigation contexts.
Edmond has been appointed as an expert witness in arbitrations under ICSID, LCIA, ICC and SAC rules, and is recognised as one of the leading damages experts by Who’s Who Legal. Edmond has a broad range of sector experience, including metals & mining, manufacturing, TMT, automotive, consumer goods and hospitality.
Edmond has also given expert advice in the context of transactions, investigations and non-contentious valuations, as well as performing preliminary claim assessments for corporates, their legal advisors and third-party funders.
Edmond is a qualified accountant and a member of the Institute of Chartered Accountants in England and Wales. He holds a first class honours degree in Physics from Imperial College London. He is a native English speaker, with intermediate knowledge of French and Spanish.
Qualifications
- MSci (Hons) Physics, Imperial College London (2010)
- Member of the Institute of Chartered Accountants in England and Wales (2013)
In-depth expertise
Commercial arbitration
Edmond has been appointed as an expert witness in commercial arbitrations under ICC, LCIA and SAC rules. He recently testified in an ICC arbitration where the value at stake was USD 500m. He has also given expert advice in numerous other commercial arbitrations, across a variety of sectors and geographies, including under ICC, DIFC, VIAC and NAI rules.
Investor-State arbitration
Edmond has been appointed as an expert witness in an investment arbitration under ICSID rules. He has also given expert advice in a number of other investment arbitrations, including in the mining, real estate and waste management sectors, under both ICSID and UNCITRAL rules.
Litigation
Edmond has given expert advice in litigations in the UK, Hong Kong, France, Italy and Singapore courts.
Other experience
Edmond has also performed investigations into allegations of corruption, misappropriation of funds and cartels. Edmond’s further professional advisory experience consists of non-contentious valuations, transactions, business plan reviews, business performance monitoring, preliminary claim reviews and strategy consulting.
Example of engagements
Appointments as damages expert
- ICC arbitration in the hotel sector in Europe (ongoing)
- ICC arbitration in the automotive sector in Europe (ongoing)
- ICC arbitration in the gaming sector in Europe (ongoing)
- ICSID arbitration in the mining sector in South America (ongoing)
- Litigations before the French and Italian courts in the automotive sector (ongoing)
- ICC arbitration relating to the production of alloys in Central Asia (testified at hearings)
- LCIA arbitration in the hotel sector in Europe (settled)
- SAC arbitration in the telecoms sector in Eastern Europe (settled)
Selected other experience in arbitration and litigation contexts
- DIS arbitration in the chemicals sector in Europe (post-M&A)
- Two unrelated ICSID arbitrations in the waste management sector in Europe
- ICC arbitration in the sports rights sector in Europe
- ICC arbitration in the automotive sector in Europe (post-M&A)
- Two unrelated ICSID/UNCITRAL arbitration in the mining sector in Asia
- SICC litigation in the chemicals sector in Asia (post-M&A)
- DIFC arbitration in the consumer electronics sector in the Middle East
- VIAC arbitration in the media sector in Eastern Europe (post-M&A)
- HKIAC arbitration in the pharmaceuticals sector in Asia
- ICC arbitration in the manufacturing sector in Asia
- ICC arbitration in the consumer electronics sector in Europe
- CRCICA arbitration in the oil & gas sector in the Middle East
- ICC arbitration in the aviation sector in Eastern Europe
- ICC arbitration in the franchising sector in the Middle East (post-M&A)
- DIS arbitration in the renewables sector in Europe (post-M&A)
- UK High Court litigation in the automotive sector
- ICC arbitration in the software sector in Europe
- PCA arbitration in the real estate sector in Asia
- UK High Court litigation in the oil & gas sector
Selected experience in other contexts
- Investigation into allegations of corruption in a utilities provider
- Investigation into the alleged misappropriation of pension fund
- Investigation into a cartel in the rubber industry
- Provision of a fairness opinion in the telecoms sector
- Valuation of a catalogue of media rights
- Contractual and business performance review for an airplane manufacturer
- Value optimisation review for an infrastructure investor
- Acquisition of a UK-based software provider by a global civil engineering firm
- Business plan review and preparation for an air transport provider
- Vendor assistance for a France-based software company
- Strategic review for a multinational brewing company