Tiago Duarte-Silva and Richard Acklam were retained by the Slovak Republic in ICSID Case No. ARB/21/51 (Discovery Global LLC v. Slovak Republic) regarding an upstream oil and gas asset at exploration stage. They opined on appropriate valuation methodologies for an asset at that stage of development and damages estimates on an ex-ante and ex-post basis, and they testified at a hearing in February 2024. In the award, the tribunal dismissed the claim brought by Discovery Global.
Significant tax risk to non-US companies created by America First Trade Policy
On his first day in office, President Trump signed two memoranda, the Global Tax Deal and the America First Trade Policy, covering noteworthy international...