Investor-State Arbitration

Representing a European services company in ad hoc UNCITRAL arbitration proceedings against a South American country with respect to claims in excess of USD 250m relating to economic measures targeting the investor’s customs infrastructure investment.

Representing a group of investors in a large-scale mining project in Eastern Europe in a USD 150m UNCITRAL investment treaty arbitration claim against the host State involving allegations of expropriation and breaches of the FET standard.

Representing a global conglomerate engaged in the procurement and export of agricultural commodities with operations across Africa, in relation to a USD 400m investment treaty arbitration against an East African State and involving allegations of expropriation of the investor’s goods and other malfeasances.

Representing a leading Western European privately-owned natural gas supply company in a EUR 400m ECT/ICSID dispute with an Eastern European State arising out of regulatory changes having an adverse impact on the investment.

Acting for a MENA State in defending a USD 600m UNICTRAL arbitration brought by a leading Middle Eastern mobile operator arising out of a tender process for a private GSM licence and a change in local legislation. The dispute involved issues of indirect expropriation and violation of FET standards.

Representing a MENA State in defending a USD 20m claim brought by a Turkish construction company relating to non-payment of government’s debts under a settlement agreement relating to multiple public works projects, and involving issues of denial of justice and expropriation.

Representing a European FTSE 250 exploration and development company in a USD 5.5bn UNCITRAL arbitration against a South Asian State concerning violation of FET standards and compromise of the principle of legal certainty arising out of the adoption of adverse retrospective income tax measures and seizure of the investor’s shares dividends to fulfil the tax demand.

Representing a JV of European construction companies in a USD 330m ICSID dispute with a Middle Eastern State relating to the construction of an urban highway.

Representing a MENA State in defending a USD 500m claim brought by a UAE construction company in ad hoc/UNCITRAL arbitration under the Organisation of the Islamic Conference (OIC) Agreement relating to the termination of its investment in the host State, and involving issues of expropriation and FET standards.

Representing one of the largest privately owned US industrial conglomerates in a USD 400m ICSID dispute against a South American State in relation to the development, construction and operation of two fertiliser factories and concerning an expropriation, violation of FET and full protection and security standards.

Representing an oil exploration company in enforcing a USD 50m LCIA arbitration award in England against a Middle Eastern company and in bringing proceedings against the parent company for fraud. The underlying dispute concerned misappropriation of oil drilling equipment.

Representing a Mediterranean investor in relation to a USD 10bn ECT/ICSID claim against the Republic of Turkey arising out of the expropriation of the investors’ power plant concession rights for the generation, distribution, transmission and marketing of electricity. This case involved high-profile political considerations as well as allegations of forgery.

Representing a European investor in two separate ICSID arbitrations with the total value of USD 400m against a South American State in relation to the largest industrial plants for the production, processing and distribution of glass containers and concerning direct expropriation, as well as violations of FET and full protection and security standards.

Representing a State in the MENA region in an ICSID dispute with the total claim value in excess of USD 5bn in relation to an investment into the operation of a telecoms company in Algeria.

Representing a leading European investor in a USD 500m UNCITRAL arbitration against a Western African State arising out of the expropriation of the investor’s rights in a highly lucrative iron ore project.

Representing a European investor in a claim in excess of USD 250m in relation to ad hoc UNCITRAL/PCA arbitration against a South American State in connection with economic measures targeting an investment in the State’s customs infrastructure.

Representing a US investor in a USD 600m ICSID arbitration against an Eastern European State in relation to the exercise of its rights under oil and gas exploration licences and involving issues of expropriation, as well as systematic arbitrary and unlawful conduct by the State.

Representing a State in the MENA region in USD 2.6bn ad hoc arbitration involving issues of full protection and security, expropriation and FET standards in the context of the Arab Spring events and concerning an investment into local infrastructure (eg. water supply, roads) in remote regions.

Representing a State in the MENA region in a USD 2bn ICSID arbitration initiated by Middle Eastern and other investors concerning alleged violations of investors’ rights in relation to a long-term contract for the supply of natural gas.

Representing investors in an ICSID arbitration involving denial of justice claims against an East Asian State over its failure to pursue a fraud prosecution against its local partner arising out of a USD 50m investment in a copper, gold and iron mining project.

Representing a South American State in a USD 1.5bn ICSID arbitration with a major US oil company arising from the termination of a participation contract to explore and exploit oilfields, and a counterclaim for environmental harm.

Representing an Asian insurance company in ICSID arbitration against a Central European State in relation to claims of USD 1bn arising from the expropriation of an investment in the financial sector.

Representing a leading logistics company in a USD 1bn ICSID arbitration against a State in the MENA region in connection with the expropriation of its investment in the telecommunications sector.