Prior to Bates White, Glenn George provided expert consulting support on behalf of claimant in Teollisuuden Voima Oyj v. Areva-Siemens, a very large international arbitration matter under ICC rules, concerning delays and cost overruns in the Olkiluoto 3 EPR nuclear power plant construction project in Finland. Analysis focused on the motive the respondent (the reactor vendor) might have had to enter into a fixed-price, turnkey contract as a means to secure first-mover advantage, learning curve effects, and market share. In 2018, respondent settled the matter by agreeing to pay €450 million ($554 million) to claimant.
The team
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