Experts in Financial Disputes
Ms. Pandjaitan talked about the importance of expert arbitrators and independent experts in arbitrating financial disputes. Expert arbitrators, or those with expertise in financial products, give parties confidence that the arbitrators understand complex issues in dispute. Independent experts, or expert witnesses, proffer evidence that give parties an early assessment of prospects and exposure and give the tribunal an impartial opinion on the issues in dispute. Expert witnesses are often useful when there are disputed issues of liability that require specific expertise for resolution and when there are disputed issues of quantum.