Curtis Chair Rails Against 'Exaggerated' Arbitration Claims

Law360 (November 19, 2020, 4:44 PM EST) -- Investment arbitration has devolved into a system where even "grossly exaggerated" claims that "at times seem to be manufactured out of thin air" can still result in awards for investors worth billions of dollars, Curtis Mallet-Prevost Colt & Mosle LLP chairman George Kahale argued in a recent speech.

Kahale, who has represented nations like Venezuela, Nigeria and India in cases involving multibillion-dollar damages claims and at times multibillion-dollar awards, railed against an apparent predilection of claimants to assert "absurdly high" damages claims that are nevertheless taken seriously by tribunals.

"Don't assume for a moment that this strategy can never work, particularly...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related Sections

Law Firms

Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!