Dissertations / Theses on the topic 'Damage valuation'

The subject of this thesis is the issue of valuation of environmental damage. The first part describes the current status (risk from mobile sources, their analysis and evaluation methods of damage assessment, legislation). It is obvious that the given issue is a hot topic and needs to be addressed. The next section describes the materials and methods to solve the issue and description of a model example to award damages. The aim is to build such a method that modeled appreciate the damage and then is applicable to a real problem. It also includes an analysis of risk. The method is based on the general approach Sejak, namely table is used with specific numbers for the injury calculations. In conclusion, it is concluded that the objective has been achieved, and the match was awarded a shame not financially financially. The recommendation is to use or improve a method for real crashes mobile sources in practice.

The problems with the environmental damage valuation which are caused by the stationary sources belong to the important issues to be solved. Due to the heavy industrial activity in the Czech Republic it is important to pay attention to the possible risks which can emerge from these sources and can impact the environment and the health condition of people. The thesis deals with the analysis of the present state of this problem. The analysis of the risks which come from the specific situation is made on its basis. The goal of this thesis is to propose the general procedure of the valuation of the incurred damage on the environment and the minimization of the risks.

Diploma work "Problems of house price reduction due to defects manifested with damp" deals with the issue of property valuation and subsequent sale of the defect. The first chapter describes valuation and other important factors relating to the Act valuation. The second chapter deals with the necessary documentation for property valuation and basic terminology. The third section deals with defects that could occur in the residential building as well as their possible correction. Another part of this work is focused on the actual valuation of the object to a defect with property damage and the last chapter deals with the actual real estate market and the subsequent sale of such property with the defect. The attachments of the case study is then focused on the valuation of the house and without defects and possible solutions and proposed procedures for sale.

The aim of the Thesis is to establish the height of the insurance claim for the damage caused by the fire of the family house in Ivančice. The Thesis is divided into two separate sections, the theoretical one and the practical one. The theoretical part deals with the Czech insurance market issues such as property evaluation and evaluation of construction works. In the practical part there are established two different insurance value of the property. First one relates to the condition of the property shortly after completion and the second one should reflect the state of the property shortly before the damage caused by the fire. This part of the Thesis is followed by the description of the insurance claim with the list of damage caused by the fire supplemented with calculation of cost of the adequate reconstruction. The final part of the document contains comparation of the insurance value established shortly before the damage and the insurance value of the property evaluatated after the reconstruction.

En quarante ans, la Bretagne a subi en moyenne un naufrage de pétrolier tous les cinq ans. A chaque marée noire, le dommage écologique génère des mobilisations massives, des controverses sur la scène publique et la remise en cause des dispositifs de régulation. Malgré son évidence sensible, ni le régime international d'indemnisation (FIPOL) ni le Droit national n'intègrent l'atteinte environnementale comme motif supplémentaire de responsabilité financière pour les opérateurs. Les dommages de la pollution sont pris en compte à travers, d'un côté, les préjudices économiques et matériels et, de l'autre, les dommages purs à la biodiversité, sous la forme d'actions de restauration des milieux naturels. Les critiques pointent la faiblesse de la dissuasion : les coûts d'une marée noire pour les acteurs du transport maritime pétrolier sont considérés dérisoires au vu des profits et donc peu incitatifs à des comportements plus prudents. Elles réclament également la reconnaissance des dommages écologiques par le Droit, qui ouvrirait la possibilité de conséquences juridiques et économiques concrètes aux faits de pollutions et l'indemnisation des atteintes à l'environnement.Cette recherche s'intéresse aux processus de changement vers la reconnaissance des dommages écologiques des marées noires. Il ne s'agit pas de questionner l'efficacité de la prise en compte des dégradations environnementales par le dispositif de gestion ou les voies juridiques susceptibles de soutenir son intégration dans le Droit - déjà largement explorées - mais d'étudier les réalités du dommage écologique et d'analyser les actions de changement mises en oeuvre par des acteurs pour susciter leur reconnaissance. Cette analyse est conduite à partir de deux cas d'étude, la marée noire de l'Amoco Cadiz (1978) et celle de l'Erika (1999).Nous explorons une voie alternative et élargie de compréhension des atteintes de la marée noire, en considérant que la marée noire endommage aussi des relations plurielles entre hommes et environnement. Grâce à la sociologie pragmatique développée par Thévenot dans L'action au pluriel (2006) nous montrons les réalités plurielles du dommage écologique en termes d'attachements d’hommes à des non humains, que ni la description des écologues, ni celle des attachements de type marchand ne parviennent à saisir. Par ailleurs, à partir d'une analyse stratégique de la gestion de l'environnement (Mermet et al., 2005), nous étudions la manière dont les acteurs élaborent l'action de changement et comment celle-ci porte le dommage écologique. Nous nous intéressons tout particulièrement à la manière dont les enjeux de l'action induisent certains choix de qualification du dommage au tribunal.La recherche propose ainsi de nouvelles connaissances sur le dommage écologique, qui pourraient en renouveler la définition (intérêt théorique). Questionner les atteintes aux attachements pourrait également ouvrir une voie intéressante pour soutenir de nouvelles formes de justification sur la scène publique et favoriser la reconnaissance juridique des dommages écologiques (intérêt opérationnel). Enfin, elle articule deux cadres de pensée jusque-là disjoints en sciences humaines et qui se révèlent complémentaires. En donnant à voir les réalités plurielles, individuelles et collectives, des dynamiques environnementales, cette recherche propose d'enrichir la compréhension de la mise en oeuvre d'une action de changement au-delà des analyses de l'action collective (Cefaï, 2007)
Over the last forty years, an oil tanker has sunk off the Brittany coast of France every five years on average. Each time, the ecological damage from the oil slick has mobilised huge numbers of people to volunteer and demonstrate, and generated public controversy and criticism of regulatory procedures. Although oil spills provoke evident impacts, neither the International Oil Pollution Compensation Funds (IOPC Funds) nor French Law recognise environmental detriment as a motif for financial compensation by the operators. The damages and pollution are taken into account firstly as economic and material losses, and secondly in terms of damage to biodiversity requiring habitat restoration actions. Critics highlight the feeble deterrent and the lack of incentive for maritime oil transporters to reduce risks: in relation to their profits the costs of an oil slick to them is regarded as derisory. These critics also call for recognition of ecological damages by the law. This would allow environmental pollution to incur economic and juridical responsibilities, and for environmental harm to require compensation.This research project looks at change processes leading to the recognition of ecological damage from oil slicks. We do not add to the existing substantial debate over the efficiency or interest of integrating environmental concerns into conduct rules and the legal system, nor evaluate different methods for doing do. Instead we study the realities of ecological damage, and analyse actions for change implemented by different actors to provoke their recognition. This analysis is based on two case studies: the oil slicks from the Amoco Cadiz (1978) and the Erika (1999).We explore an alternative and wider approach to understanding the harm caused by an oil slick, by considering that it damages multiple relationships between man and the environment. Using the concept of pragmatic sociology (Thévenot, “L’action au pluriel”, 2006) we reveal the multiple realities of ecological damage in terms of the relations between humans and nonhumans. These relations cannot be described in purely commercial nor ecological terms. Using a strategic analysis of environmental management (Mermet et al., 2005), we study how actors elaborate an action for change and how the action represents environmental damage. We look particularly at how the challenge of the action leads to certain choices when qualifying the damage to the courts.Thus, the study proposes new information on ecological damage, allowing the definition to be renewed (theoretical interest). By examining ecological damage in terms of harm to human – nonhuman relations, it provides an interesting support for new forms of justification in the public arena, and promotes legal recognition of ecological damage (operational interest). Finally, the study brings together, and shows to be complementary, two conceptual frameworks hereto unarticulated in human sciences. The study reveals the multiple individual and collective realities of environmental dynamics, and thus allows a richer understanding of the implementation of an action for change than a standard analysis of collective action (Cefai, 2007)

This diploma thesis examines evaluation of damages according to the law Nr. 221/2006. Industrial rights, whose damages are enforced according to the law Nr. 221/2006, are described. Analysis of laws and judicial decisions in relation to the enforcement of damages and analysis of the law Nr. 221/2006 are made. The thesis examines sequences, important problems and aspects in relation to each method of the evaluation of damages. At the end of the thesis a study of a hypotetical case is carried out to show basic solutions of problems with the evaluation of damages.

En arbitrage international comme dans la majorité des systèmes de droit, la réparation du dommage est une question essentielle dans la résolution des litiges et implique la détermination d’un dommage réparable et de l’étendue de la réparation, ainsi que l’évaluation de ce dommage. L’arbitrage d’investissement, qui tranche les litiges entre Etats et investisseurs étrangers, personnes privées, est au carrefour entre les droits nationaux et le droit international, entre responsabilité contractuelle et responsabilité internationale des Etats, entre droit commercial et droit public, et reflète ainsi l’ensemble des problématiques récurrentes soulevées par la réparation du dommage. La publicité fréquente des sentences rendues en la matière permet d’analyser les solutions qu’y apportent les tribunaux arbitraux, révélant l’existence d’une réelle pratique cohérente et développée. L’étude de la jurisprudence arbitrale d’investissement montre une coexistence de questions de fait et de droit, de problématiques juridiques et économiques, tout au long du processus de détermination du dommage et de l’étendue de la réparation, puis de celui de la détermination du montant accordé à la victime. Les exigences juridiques de certitude, prévisibilité et causalité du dommage, de même que les principes de réparation intégrale et adéquate, sont influencés de manière significative par des considérations économiques et d’équité. Dans le mouvement inverse, les règles financières qui sont appliquées par les arbitres pour l’évaluation du dommage, indépendamment du droit applicable, sont de plus en plus juridicisées. Identifier ce corps de règles applicables à la réparation du dommage et l’application qui en est faite dans l’arbitrage d’investissement constitue une clarification nécessaire pour permettre aux acteurs internationaux de connaître l’étendue de leurs droits et obligations
In international arbitration, as in most legal systems, compensation of damage is a key part of dispute resolution. It is a threefold process: the arbitral tribunal decides on compensable damage, then on the extent of compensation, and finally, evaluates damage. Investment arbitration, which settles disputes between states and foreign investors - private entities - is at the crossroads between national and international law, between contractual liability and international state liability, between commercial and public law, thus covering the wide scope of issues raised by compensation of damage. The awards given in this field are often made public, allowing for an analysis of the – thoroughly consistent – solutions brought forward by arbitral tribunals. This study shows how, throughout the process of compensation of damage, questions of fact and law as well as legal and economic issues are raised. The legal requirements of certainty, foreseeability and remoteness of damage are significantly impacted by the economic context and by the notion of fairness. Conversely, the financial rules applied throughout the process of damage evaluation, without taking into account applicable law, are increasingly governed by law. Identifying the corpus of rules that are applied throughout the process of compensation of damage, and studying the way these rules are applied in investment arbitration therefore represents a useful tool for international bodies seeking to understand their own rights and duties

Die vorliegende Arbeit beschäftigt sich mit der Entwicklung einer Methode zur Wertermittlung von bergbaubeeinflussten Immobilien, welche die wesentlichen Bergbaurisiken berücksichtigt. Die Untersuchungen ergaben, dass das Risiko von Investitionen in bergbaubeeinflusste Immobilien durchschnittlich dreimal größer ist als das Risiko von Investitionen in Immobilien ohne Bergbaueinflüsse. Für die Ermittlung des Risikos kamen eine immobilien- und eine bergbauspezifische Komponente zum Einsatz. Letztere umfasst Prognosen zu potentiellen Oberflächenvernässungen, zur Sickerwassergefahr und zu bergbaubedingten Wertminderungen von Gebäuden unter besonderer Berücksichtigung der Gebäudeempfindlichkeit gegenüber bergbauinduzierten Bodenbewegungen. Für die Wertermittlung von Immobilien kam das Discounted Cash Flow-Verfahren zur Anwendung. Der Diskontfaktor wurde mit Hilfe eines speziell entwickelten Fuzzy-Modells bestimmt. Die erstellte Bewertungsmethode kann als relevante Entscheidungshilfe für Investitionen in Bergbaugebiete dienen.

This PhD thesis analyzes the current, by experts in minimum benchmark solved condition of valuation of damaged, unlicensed and unauthorized buildings, it defines the problematic status of the individual administrative areas where the expert report is the decisive evidence and it recommends suitable method of valuation of these buildings, so as to minimize the risk of bringing faulty expert opinion. The paper not only explains the basic concepts identified in the relevant legislation, but also systematically analyzes the possible ways of determining the usual price of mentioned buildings. Derived ways of valuation methods are validated on examples and evaluated. On the basis of this verification there is a recommended procedure to determine the usual price of these types of buildings, ie. the expert standard.

碩士
國立交通大學
科技法律研究所碩士在職專班
105
Although “Patent valuation” and “damage compensation” may seem like one concept, they are actually different from each other. Some commonalities do exist between them, yet they are not exactly the same. This empirical study comments that the focus of patent valuation is the future revenues that are created by its exploitation. On the other hand, damage compensation deals with matters that happened in the past and is limited to compensating a patentee’s damages in a patent infringement case. This paper empirically analyzes that damage compensation means evaluating patent values in the past, with research on two lawsuits filed by Industrial Technology Research Institute (“ITRI”), which are No.156 of 2010 first-instance civil case regarding the Patent Act in Taiwan Intellectual Property Court (“Case I”), and No. 2 of 2005 second-instance civil cases regarding the Patent Act in Taiwan High Court (“Case II”). The awarded compensations consist of 3 million NT dollars in “Case I” and 2 million NT dollars in “Case II”, respectively, and these numbers are significantly below ITRI’s expectation of over 20 million NT dollars in Case I and 4 million NT dollars in Case II. These award judgments verify the accuracy of the perspective expressed above. Through technological innovation and industrialization, ITRI has established more than one hundred innovative technology platforms that possess differentiative functions to: (i) boost cooperation among the upstream, midstream and downstream industries, among international leading enterprises, or among those with various resources and expertise, and to (ii) develop new products and capture business opportunities of within one to two years. In addition, ITRI has been endeavoring to strengthen the integration between forward-looking technology and interdisciplinary technology. By means of transferring technology, providing value-added IP services, setting up open-labs and incubation center, and actively promoting and nurturing start-ups, ITRI has been expediting development of industrial technology and cultivating emerging high-tech industries. The operation modes of intellectual property rights, such as creating start-ups, licensing inventive products, contracting patent generation, and licensing patent portfolios, are relatively more successful. Such modes also provide profound industrial value in facilitating enterprises’ investments on research, development and production, and in fostering emerging industries. From quantitatively analyzing 627 technology and patent license agreements from one laboratory in ITRI, it is concluded that the technology readiness level (“TRL”) is directly proportional to the average license fee per agreement, with strong positive correlations. With a TRL of 7, the average license fee per agreement in five years reaches 2.3 million NT dollars. This verifies that the exploitation of licensed patents places particular emphasis on values from future development and values from its demand in the market. Four research methods are utilized in this paper: (i) literature collection, analysis and comparison, (ii) empirical legal analysis, studying infringement cases in Taiwan Intellectual Property Court, district courts, and high courts with ITRI as the plaintiff, (iii) quantitative analysis through studying technology license agreements from one laboratory in ITRI in recent five years to reveal the relationship between technology transfer results and TRL, and (iv) conducting in-depth interviews for qualitative research with five practitioners, including a chief judge of Taiwan Intellectual Property Court, an intellectual property rights advisor from industry, an IP manager in a research institute, a senior chief financial officer of a start-up, and an appraiser in an information technology company. Through the above empirical study, it is concluded that “patent valuation” and “damage compensation” may appear to be the same to the general public, but they differ in their starting points of valuation. Additionally, this paper points out their difference in scope, as evidenced by court decisions of ITRI’s cases and by qualitative interviews. In summary, this paper suggests that ITRI take the inventive operation modes of intellectual property rights as its main focus, supplemented by litigation or damage compensation, to reinforce patents. In addition, the government shall consider altering the current method of assessment towards patent exploitation of research institutes in order to fulfill potential values of patents and far-reaching influences of research institutes.

The damage schedule framework was applied as an analytical protocol to assess communities' valuation of environmental resources. The study was an empirical test of the feasibility of developing damage schedules using two coastal areas of Thailand, Ban Don Bay and Phangnga Bay. The objectives of this research included (a) investigating the ability of people to provide judgments about the relative importance of resources, (b) examining how this information could be used to derive scales of relative importance, and (c) developing the damage schedules based on these importance scales. A questionnaire containing series of paired comparison questions was used as a survey instrument. About 200 people were surveyed for each study area. These included 'formal experts', such as researchers, policy makers and administrators, and 'layexperts', such as resource users, other stakeholders, and people living in the study areas. The first part of the questionnaire presented pairs of resource losses (e.g. damage to coral reefs, loss of mangrove forests), while loss-causing activities (e.g. an oil spill, shrimp farming) were paired in the second part of the questionnaire. For a series of these pairs, respondents were asked to indicate which member within each pair was more important. The results showed a significant agreement in the rankings of importance of resource losses and activities provided by all respondents in each study area. Agreement in the rankings was found between formal experts and layexperts and among layexperts of different occupations. Intransitive responses occurred but did not have a significant effect on the resulting scale values and rankings. Comparison between the damage schedules of the two areas supported the underlying assumption that people could make judgments on the relative importance of different losses and could provide meaningful rankings that reflect community values. The damage schedules can be adjusted over time as losses or activities of different magnitude occur, by interpolating or extrapolating from the initial scale values. Damage schedules, apart from providing predictability and enforceability in the damage payments, can also be developed quickly and at lower cost than current valuation methods.

碩士
高雄醫學大學
天然藥物研究所
101
The antioxidant activity of seaweed extract against free radicals by arecoline was validated in an Adenosine Triphosphate assay (ATP assay), ATP assay. However, the protective mechanism for extracts remains unclear. In this study, we investigated on the protective effects of seaweed extract on in vitro for a Ca9-22 cell line (oral squamous cell cancer cell line, OSCC) in vitro. The DNA damage agent arecoline was used and tested by an ATP assay. ATP content of the arecoline (0.1、0.25、0.35、0.5 mM) treatment was reduced in a dose-dependent manner, but increased by which pre-treated with seaweed extract (0.1、0.25、0.35、0.5 mg/ml). Added arecoline (0.1、0.25、0.35、0.5 mM) to the Ca9-22 cell culture showed that the doses-dependent manner in reactive oxygen species (ROS) and reactive nitrogen species (RNS) were reduced by which pre-treated with seaweed extract (0.1、0.25、0.35、0.5 mg/ml). In treatment with arecoline (0.1、0.25、0.35、0.5 mM), the results of PI with annexin V double stain showed that cell apoptosis and necrosis increased remarkably. The extract (0.1、0.25、0.35、0.5 mg/ml) was effective protected arecoline (0.1、0.25、0.35、0.5 mM) induced annexin V positive that indicated the cell death rate. We expected that arecoline (0.1、0.25、0.35、0.5 mM) induced cell damage prevented by seaweed extract (0.1、0.25、0.35、0.5 mg/ml) was available. Thus, the crude extract of seaweed extract (0.1、0.25、0.35、0.5 mg/ml) has the potential of cell protective abilities against the arecoline (0.1、0.25、0.35、0.5 mM) induced cell damage and become a potential natural product for human health.

The on-going and fast-urban development brought along changes in land-use patterns having resulted in a major conversion of natural landscapes into urban ones and a subsequent impermeabilization of surfaces. This came with problems of different dimensions which are expected to be exacerbated by climate change: increased flood risk, “urban heat islands”, increased air pollution and reduced quality of life. Current ‘hard’ engineering solutions to adapt to urban challenges usually require landscape changes, maintenance and depreciate over time. Nature-based solutions came as efficient and eco-friendlier solutions that besides adding value to urban landscape aesthetics can help mitigate and adapt cities to climate-change and urbanization challenges. The objective of this thesis is to evaluate the multiple impacts, costs and benefits of NBS implementation, with a specific focus on flood damage and sprawl, gentrification and real estate valuation. To this end, two models of the Systemic Decision Support Tool (SDST) are used to assess the impacts of NBS on flood risk (using InfoWORKS) and sprawl, gentrification and real estate valuation (using SULD). A case study is provided for the city of Eindhoven in the Netherlands. Results show that the implementation of nature-based solutions leads to an increase in real estate values (+6.1 M€/yr) due to upgraded aesthetics and has an impact on flood damages acting on flood mitigation and reducing damage costs (-27.4 k€/yr). Besides its main functions, NBS also show an effect on population distribution patterns – favouring urban densification over urban sprawl processes.
O desenvolvimento urbano contínuo e rápido trouxe mudanças nos padrões de uso do solo, tendo ocorrido uma grande conversão da paisagem natural em urbana e uma impermeabilização dessas superfícies. Isso trouxe problemas de diferentes níveis que se tornaram exacerbados com as mudanças climáticas: aumento do risco de inundações, "ilhas urbanas de calor", aumento da concentração de poluentes atmosféricos e declínio da qualidade de vida. As soluções atuais para a adaptação aos desafios urbanos geralmente exigem mudanças na paisagem, manutenção e desvalorizam ao longo do tempo. As soluções baseadas na natureza (SBN) vieram como soluções eficientes e amigas do ambiente que, além de agregar valor à estética da paisagem urbana, podem ajudar a mitigar e adaptar as cidades aos desafios das mudanças climáticas e da urbanização. O objetivo desta tese é avaliar os múltiplos impactos, custos e benefícios da implementação das SBN, com um foco específico nos danos causados pelas inundações, expansão e gentrificação urbana e valorização do mercado imobiliário. Para este fim, dois modelos da Systemic Decision Support Tool (SDST) são usados para avaliar os impactos da SBN sobre o risco de inundação (usando o InfoWorks) e sobre o mercado imobiliário (usando o SULD). Um caso de estudo é fornecido para a cidade de Eindhoven, na Holanda. Os resultados mostram que a implementação de soluções baseadas na natureza conduz a um aumento do valor imobiliário (+6,1 M€/ano) devido à melhoria da estética do meio urbano e tem também um impacto nos danos causados pelas inundações, atuando na mitigação das inundações e reduzindo os custos dos danos (-27,4k€/ano).Para além das suas principais funções, as SBN mostram também um efeito nos padrões de distribuição da população, favorecendo a densificação urbana em detrimento dos processos de expansão urbana.
Mestrado em Engenharia do Ambiente

in English language International investment arbitrations are an upcoming and dynamic factor within the current global economy, and damages embody one of their main characteristics, the monetary aspect. International investment arbitrations through International Investment Agreements protect both parties involved, a state and an investor on another state, that is a party to such agreement. The need to award damages to harmed parties to a dispute is imminent, even though the value and valuation of damages are not articulated in Bilateral Investment Treaties. Therefore, it is vital to set standards and principles that tribunals could adhere to when awarding damages. On the other hand, it is important to allow discretion, since the valuation of damages depends on the particular circumstances of each case. Acknowledged rules are fundamental to prevent discrepancies and discriminations, particularly when awards in international investment arbitrations can reach millions or even billions of U.S.$. The aim of damages is to provide full reparation standard when harm has been done to a party. In order to provide compensation to a harmed party, the tribunal first needs to assess the value of the affected investment and from that calculate the damages using a valuation method. The thesis will examine the...

Die vorliegende Arbeit beschäftigt sich mit der Entwicklung einer Methode zur Wertermittlung von bergbaubeeinflussten Immobilien, welche die wesentlichen Bergbaurisiken berücksichtigt. Die Untersuchungen ergaben, dass das Risiko von Investitionen in bergbaubeeinflusste Immobilien durchschnittlich dreimal größer ist als das Risiko von Investitionen in Immobilien ohne Bergbaueinflüsse. Für die Ermittlung des Risikos kamen eine immobilien- und eine bergbauspezifische Komponente zum Einsatz. Letztere umfasst Prognosen zu potentiellen Oberflächenvernässungen, zur Sickerwassergefahr und zu bergbaubedingten Wertminderungen von Gebäuden unter besonderer Berücksichtigung der Gebäudeempfindlichkeit gegenüber bergbauinduzierten Bodenbewegungen. Für die Wertermittlung von Immobilien kam das Discounted Cash Flow-Verfahren zur Anwendung. Der Diskontfaktor wurde mit Hilfe eines speziell entwickelten Fuzzy-Modells bestimmt. Die erstellte Bewertungsmethode kann als relevante Entscheidungshilfe für Investitionen in Bergbaugebiete dienen.

The subject of this thesis is the analysis of the legal regulation of mutual funds in the Czech Republic. The thesis aims to provide a complex view on the issue. The introductory chapters provide the historic background of mutual funds and demonstrate the legislative evolution of the legal concept and its definition in the Czech Republic. The analytical part is focused on the particular problems of each institution and suggests a possible solution. These chapters point to the complications around the real estate funds and the possible breach of one of the freedoms of the European law. The last chapters point out the ways of protecting the assets of the funds by the depository, as well, as the ways to recover the damages when suffered

1 Abstract This thesis aims to transparently elaborate the topic of damages in investment disputes. Chapter One is a brief introduction to the problem. It provides a short clarification of the concept and meaning of arbitration and its importance for the protection of investors; it also describes the principles of modern forms of investor protection. The end of the first Chapter includes a short introduction regarding the sources on damages in investment arbitration. Chapter Two deals with the issue of valuation. At the beginning the author approaches the issue in general, describing the basic terminology and definitions and providing the classification of the valuation methodology (Market-Based Approache, Income- Based Approach, Asset-Based Approach). This is followed by outlining the issues related to the term "market value", when the author focuses on the questions related to the calculation of fair market value, its use in practice, issues related to this use, etc. The next is the theme of damage arising from the breach of a contract and by describing the ways of valuation of the damage arising from the breach of a contract. The Chapter also includes the study regarding the issue of the determination of damages in the absence of the market, and analyses the issue of the moment as at which the valuation...