What is considered substantial success in the context of international arbitration?

British Columbia, Canada


The following excerpt is from A.L. Sott Financial (FIR) Inc. v. PDF Training Inc., 2005 BCSC 1930 (CanLII):

In Fotheringham v. Fotheringham, 2001 BCSC 1321, at para. 45, Mr. Justice Bouck defined substantial success as follows: ... since success, a passing grade, is around 50% or better, substantial success is about 75% or better. That does not mean a court must descend into a meticulous mathematical examination of the matters in dispute and assign a percentage to each matter. Rather, it is meant to serve as a rough and ready guide when looked at all the disputed matters globally.

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