Overview
This course walks the participants through the key aspects of valuation and damages in international arbitration. Topics covered include valuation terminology, standards, principal valuation methods, industry-specific valuation standards and methods, and the engagement of those closely involved in the valuation and damages assessment exercise, namely, expert witnesses, counsel and arbitrators.
The overarching objective of the course is to equip participants with the essential basic knowledge and skills to understand the different stages of the valuation process, so that they can plead or adjudicate more effectively and efficiently when there is a dispute over the value of an asset.
Learning Objectives
By the end of the course, participants should be able to:
- Understand how to apply the optimal valuation standard and method to a specific dispute;
- Understand valuation reports prepared by valuation experts;
- Be more familiar with the valuation and damages assessment process, its parameters, and its projections;
- Be more effective when examining, cross-examining and seeking clarification from valuation experts who testify as expert witnesses in an arbitration.
Who Should Attend
Anyone with past, present or anticipated involvement in the practice of international arbitration, whether as counsel or as arbitrator, is highly recommended.
Course Run
The 3-day course will be conducted in-person:
Dates : 17, 24 & 31 August 2026 (3 consecutive Mondays)
Time : 9:15am to 5:30pm
Venue : NUS (Kent Ridge Campus)
Click here for workshop schedule.
Trainers' Bio
Professor Stavros BREKOULAKIS
Stavros Brekoulakis is the Michael and Laura Hwang Chair in International Arbitration at the National University of Singapore. Stavros is the author of eight monographs, books and edited volumes and more than 30 articles in leading peer-reviewed law journals and is the General Editor of the Journal of International Dispute Settlement; Editor-in-Chief of the International Journal of Arbitration, Mediation and Dispute Management; the Co-editor of Kluwer’s International Arbitration Law Library Series; and deputy Editor of Arbitration International. Stavros has led several policy projects and advised governmental, intergovernmental, and non-governmental organisations, including as Co-Chair of the International Council of Commercial Arbitration Task Force on Third Party Funding; member of the London Bar Reform Committee; the Steering Committee of the UNCITRAL Academic Forum on Investor-State Dispute Settlement; the Investment Expert Trade Advisory Group of the UK Department for International Trade, Governing body of ICCA; LCIA Court; and ICC’S Commission on Arbitration.
Click Here to View Full Profile.
Adjunct Professor Emmanuel JACOMY
Emmanuel has extensive experience advising and representing companies, State-owned entities and governments in international commercial and investment treaty arbitrations under all major arbitration rules (including ICSID, ICC, HKIAC, LCIA, SIAC and UNCITRAL), with focus on investment, oil & gas, energy and mining disputes, as well as disputes having a Chinese and African nexus. He is an Adjunct Professor at the University of International Business and Economics (UIBE) and a Visiting Professor at Tsinghua University in Beijing. He also acts as an arbitrator. Emmanuel is also a member of the Expert Advisory Committee of the International Institute for Dispute Settlement Prevention (IIDPS), jointly established by the China Council for the Promotion of International Trade (CCPIT) and the Beijing Institute of Technology (BIT). Clients praise Emmanuel for his “stellar track record in commercial and investment treaty arbitrations” and for being “the best foreign lawyer […] in China”, “attentive to the needs of Chinese clients”, an “outstanding debater”, whose “expertise in investment treaty arbitration and public international law background are highly regarded”. He speaks English, French and Mandarin Chinese.
Professor ZUO Luo
ZUO Luo is the Provost’s Chair Professor of Accounting and Finance at the National University of Singapore (NUS). Professor Zuo is also a Senior Fellow of the Asian Bureau of Finance and Economic Research, a Senior Fellow of the Centre for Governance and Sustainability, and a Research Affiliate of the Sustainable and Green Finance Institute. Professor Zuo received his PhD from the Massachusetts Institute of Technology (MIT) in 2013, after which he joined Cornell University. At Cornell University, he was granted tenure in 2017 and promoted to full professor in 2022. Professor Zuo holds several editorial positions at top academic journals. He is an Editor of The Accounting Review, an Associate Editor of Management Science, and an editorial board member of the Journal of Accounting and Economics, Review of Accounting Studies, and Accounting, Organizations and Society. Professor Zuo has held various leadership positions in professional associations and academic programs. He currently serves on the Research Grants Council of Hong Kong and the Academic Advisory Council of Tsinghua University School of Economics and Management. He is also the Faculty Coordinator of the PhD Program in Accounting at NUS. Previously, he served as the President of the Chinese Accounting Professors’ Association of North America, the Faculty Director of the Cornell-Tsinghua Finance MBA Program, and the Faculty Lead of the Cornell-HKUST Partnership.
Click Here to View Full Profile.
Dr Hanny KUSNADI
Dr. Hanny Kusnadi is the Academic Director for the MSc in Accounting and Financial Analytics programme, and a Senior Lecturer at the Department of Accounting at the National University of Singapore (NUS) Business School. She is an award winning teacher at NUS, having received the 2025 and 2024 NUS Annual Teaching Excellence Award (ATEA), and the 2025, 2023 & 2021 NUS Business School Teaching Excellence Award. Hanny obtained her PhD in Accounting from the Hong Kong University of Science & Technology (HKUST). Her research interests include firm valuation, innovation, and corporate governance. Prior to joining NUS, Hanny worked in the industry for many years, including as a tax accountant at a boutique CPA firm in Silicon Valley, and as a Finance Controller in Singapore. She is a licensed CPA in California and obtained her undergraduate degree (magna cum laude) in Accounting from Santa Clara University. Beyond academia, Hanny also serves on the boards of public and private companies across Singapore, India, Indonesia, Dubai, and the USA. As a trusted board advisor, she provides strategic oversight and industry expertise, advising on corporate governance, financial strategy, and innovation.
Click Here to View Full Profile.
Attendance & Assessment
Mode of Assessment
The assessment will comprise an in-class mock proceeding that will take place on the last day of the workshop, requiring participants to apply what they have learnt from the course to a simulated real world scenario where lawyers and arbitrators are expected to engage with valuation experts over the course of a truncated hearing. To pass the assessment, participants need to demonstrate, via an oral presentation, a sound grasp of the topics and materials covered during the workshop, as well as the ability to cross-examine or question a live witness effectively so as to assist the tribunal in understanding how the valuation computations were done.
Certificate of Completion
Participants who achieve at least 75% attendance and a minimum score of 50% on the presentation project will be awarded a Certificate of Completion by NUS Law Academy.
SILE-CPD Points
Participants who wish to obtain CPD Points must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, participants are reminded to sign in on arrival and sign out at the conclusion of each day of the event in the manner required by the organiser. Participants must not be absent from each day of the event for more than 15 minutes. Participants may obtain 5 Public CPD Points for each day of the event on which they comply strictly with the Attendance Policy. Participants who do not comply with the Attendance Policy on any particular day of the event will not be able to obtain CPD Points for that day. Please refer to www.sileCPDcentre.sg for more information.
Public CPD Points:
Day 1 - 6 (TBC)
Day 2 - 6 (TBC)
Day 3 - 6 (Including 2.5 MEC Point) (TBC)
Practice Area: Financial Literacy
Training Category: Intermediate
Course Fees
Course Fees
S$2,670.50 (inclusive of 9% GST)
SkillsFuture Credit
This course is eligible for SkillsFuture Credit claim. All Singaporeans aged 25 and above can use their SkillsFuture Credit from the government to offset part of the course fee for this programme. Applicants who wish to use the SkillsFuture Credit may refer to here for more details. Please note that this course is not eligible for SkillsFuture Credit (Mid-Career) claim.
Course ID :
Terms & Conditions
NUS Law Academy reserve the right to:
- amend, postpone or cancel the course
- change the course location
- change or amend course structure or content
For postponed/ cancelled courses, the participants will be given at least one week’s notice with an option of transferring to the next course date or having a full refund of the fees. We regret that no refund will be given in any other circumstances.
Apply Now
Click HERE to apply.
In the NUS Lifelong Learning Application Portal (L3AP), Please follow the navigation below to register:
Short Course/Modular Course > Applying for Myself >Browse Academic Modules/Short Courses
Select “Short Course”
Type Course Title “Valuation and Damages in International Arbitration"
Click “Add to Cart”
Login to complete application
—–
User Guides
For enquiries, please contact NUS Law Academy at nuslawacademy@nus.edu.sg.
