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Max Planck Encyclopedia of International Procedural Law [MPEiPro]

Award on Damages

Borzu Sabahi, Carlos Guzman

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 30 October 2020

Subject(s):
Human rights remedies — Compensation for lawful nationalisation — Compensation — Costs and expenses — Damages — Discounted cash flow (DCF), anticipated future profits — Interest — Moral damages — Valuation

Published under the direction of Hélène Ruiz Fabri, with the support of the Department of International Law and Dispute Resolution, under the auspices of the Max Planck Institute Luxembourg for Procedural Law.

1 The views expressed herein are only those of the authors and cannot be attributed to their clients or employers. 2 Awards on damages are a specific type of arbitral award. They are subject to the same limitations and post-arbitration remedies as other arbitral awards. Awards on damages may take the form of a section within a comprehensive arbitral award or a self-standing partial award (Splitting of Proceedings). 3 In this context, the term ‘damages’ refers to a form of monetary reparations meant to repair the consequences of an internationally wrongful act by...
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