PROJECTS / Novum v Orazul

Novum v Orazul

Latin America and the Caribbean

August 14, 2025

Hunton Andrews Kurth, acting as counsel for Novum Energy Trading Corp. (“Novum”), contracted Mr. Janson as the Economic Expert to review the reports prepared by the Respondent’s Economic Expert in this case. This case involved alleged damages related to an agreement to sell heavy fuel oil for use in two thermal generation plants in Guatemala. As part of this assignment, Mr. Janson and his team conducted an hourly analysis of the Guatemalan wholesale electricity market, developed and analyzed the monthly fuel balance for the company that owned the thermal generation plants, and assessed the economic regression model the Respondent’s expert prepared. As the Economic Expert on behalf of the Claimant, Mr. Janson prepared two reports, was deposed by the Respondent’s counsel, and testified at the hearings, including being cross-examined.Mr. Janson conducted an hourly analysis of the Guatemalan wholesale electricity market, developed and analyzed the monthly fuel balance for the company that owned the thermal generation plants, and assessed the economic regression model prepared by the Respondent’s Economic Expert. He also prepared two expert reports and testified at the hearings.

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