- November 17, 2020
ARLINGTON, November 17 – Nathan recently provided analysis and expert testimony on behalf of S&P Dow Jones Indices (SPDJ), one of the world’s largest financial services firm, in a Singapore International Arbitration Centre (SIAC) seated arbitration relating to its dispute with the Bombay Stock Exchange Ltd (BSE). SPDJ claimed that BSE had unlawfully terminated the joint venture between the two entities in India, and sought specific performance and damages suffered by it as a result of BSE’s action. Nathan conducted analysis to estimate lost profits and loss in terminal value to SPDJ as a result of BSE’s termination of the joint venture, and to rebut the counter-claims made by BSE. Nathan’s Dr. Russ Mangum provided expert testimony at the SIAC arbitration held in Mumbai, India. The arbitrator, Mr. Andrew Moran QC, from the Arbitration Chambers of Singapore, ruled that BSE’s termination of the joint venture was invalid and awarded SPDJ’s claim for specific performance. Additionally, the arbitrator dismissed BSE’s counter-claims for contractual breaches. Nathan worked with the international arbitration team at Shardul Amarchand Mangaldas & Co, India’s largest law firm, who represented SPDJ.
Learn more about Nathan’s International Arbitration practice here.
Nathan is a private international economic and analytics consulting firm that works with government and commercial clients around the globe to deliver practical solutions and achieve lasting results. Whether building frameworks for economic growth or navigating regulatory hurdles, securing infrastructure financing or evaluating and assessing disputes, Nathan’s experts serve as trusted partners, offering clients the analysis, technical advice, and strategies they need for sound decision-making.
Known for both technical and service excellence, Nathan has corporate offices in the US, UK, and India and more than 40 program offices around the world. More information about Nathan can be found at nathaninc.com.
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