What Price Accuracy? A Recent House of Lords Decision May Be a Recipe for Delay in UK Contract Law Arbitrations

July 23, 2007

The English House of Lords has issued two landmark decisions within the past six months addressing the value-date for the quantification of damages. The most recent of these decisions, in Golden Strait Corporation v Nippon Yusen Kubishika Kaisha, involves commercial contract law and may be a recipe for delay in UK contract law arbitrations. The attached article addresses the impact and application of these recent decisions.  

Gibson Dunn partner Cy Benson and associate Nathalie Allen are the authors of "What Price Accuracy?" which was featured in a recent issue of Global Arbitration Review

Reprinted with permission, © 2007 Global Arbitration Review, Volume 2, Issue 3.  

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Gibson, Dunn & Crutcher lawyers are available to assist in addressing any questions you may have regarding these issues. Please contact the Gibson Dunn attorney with whom you work or Cyrus Benson (+44 20 7071 4239, cbenson@gibsondunn.com) or Nathalie Allen (+44 20 7071 4270, nallen@gibsondunn.com) in the firm’s London office. 

© 2007 Gibson, Dunn & Crutcher LLP

Attorney Advertising: The enclosed materials have been prepared for general informational purposes only and are not intended as legal advice.