On the role of financial and economic judicial examination in recovery of damages from arbitration managers: possibilities of application

The authors analyze the jurisprudence related to bringing arbitration managers to subsidiary liability. They give examples of the application of financial and economic expertise in cases of bringing the persons controlling the debtor to subsidiary liability and show that a similar practice is possible with regard to arbitration managers. They conclude that one of the reasons for the refusal to recover damages from arbitration managers is that the parties and courts rarely turn to specialists and financial and economic experts.