1 Introduction

Subject(s):

Compensation — Damages — Awards

The calculation of compensation and damages plays an important role in international investment arbitration. Claimants are usually interested above all with the question of how much they can expect to receive after a possibly long-lasting legal procedure. In addition, general preventive reasons should also be kept in mind. It follows that the financial assessment of the legal claims should as closely as possible reflect economic realities. This means that generally accepted valuation standards and approaches should be applied which so far has not been self-evident in international legal disputes.