The claimant was awarded damages by the American Arbitration Association.
Retained by Gibson Dunn
Al Maya Trading Establishment (Al Maya), a food distributer based in the United Arab Emirates, claimed that Global Export Marketing Co. (Gemco) violated the terms of its contract with Al Maya when it stopped fulfilling orders before terminating their agreement. Counsel for the claimant retained Carlyn Irwin of Cornerstone Research to assess economic loss in an international arbitration hearing.
Ms. Irwin opined that Al Maya suffered significant economic damage in the form of lost profits.
Ms. Irwin conducted analyses of Al Maya’s sales and profitability. She submitted an expert report summarizing the company’s lost profits due to unfulfilled orders prior to the termination of the agreement with Gemco and subsequent losses. Ms. Irwin opined that Al Maya suffered significant economic damage in the form of lost profits.
Al Maya was awarded $5.7 million in damages by the American Arbitration Association. A New York federal judge confirmed the award.