Merrill & Ring Forestry, a timberland owner in British Columbia, brought an arbitration seeking damages against Canada for violation of investor protections accorded under Chapter 11 of NAFTA. David Reishus of Compass Lexecon’s Boston office testified on behalf of Canadan regarding the economic requirements for the determination of damages. In March, the ICSID tribunal split on whether NAFTA had been violated, but unanimously found that there was no demonstration of past or future damages. We worked directly for the Canadian Trade Law Bureau of the Department of Foreign Affairs and International Trade, including Sylvie Tabet, Scott Little, and Rahool Watchmaker.
- David Reishus