21 May 2013

Post-M&A Dispute regarding a Mining Operation



Walder Wyss arbitration team members, Marc Veit and Michael Cartier, successfully represented respondent/counterclaimant, i.e. the seller, before an ICC arbitral tribunal regarding claims in connection with the purchase of a mining operation in South America.

The dispute concerned the interruption of the mining operations due to government intervention. The arbitral tribunal dismissed claimant’s damages claims in full while awarding respondent certain adjustments to the purchase price.

News

News

21 May 2013

Post-M&A Dispute regarding a Mining Operation

Walder Wyss arbitration team members, Marc Veit and Michael Cartier, successfully represented respondent/counterclaimant, i.e. the seller, before an ICC arbitral tribunal regarding claims in connection with the purchase of a mining operation in South America.

The dispute concerned the interruption of the mining operations due to government intervention. The arbitral tribunal dismissed claimant’s damages claims in full while awarding respondent certain adjustments to the purchase price.