International Arbitration

Clients and work in this area include:

• Acting as counsel under ICC Rules for the Spanish subsidiary of a major US energy company in a joint venture dispute with a French counterparty about the operation of a power plant in Spain. The seat of the arbitration is Sweden and an international tribunal has been appointed to hear the dispute on an expedited basis. We are working with a team of experts to address a number of issues in the case that include carbon emissions regulation, the use of tolling agreements and quantification of loss. We are working collaboratively with Spanish co-counsel to present legal issues of both Spanish and English law (ICC). 
• Currently acting as counsel for a Romanian electricity supplier in disputes under a Commission Agreement and Power Purchase Agreement involving damages estimated at US $70 million (LCIA).
• Currently acting as counsel for a Russian property developer in a dispute with the main contractor on an iconic Moscow office building. The dispute involves complaints about the interpretation of refund guarantees and performance bonds. The damages are estimated at a sum in excess of US$100 million (ICC).
• Acting as counsel in a claim by the sellers of an Eastern European financial institution for the release of US$70 million secured in an escrow account under a share sale and purchase agreement (LCIA).
• Acted as counsel for major financial institution in a highly complex claim relating to an investment in a vehicle leasing business.  We obtained an award of damages for our client in excess of US$136 million (ICC).
• Acted as counsel for shareholder engaged in a dispute over investment in mobile telephone companies in India (ICC).
• Acted for Omani vendors in relation to claims of breach of warranty under a share purchase agreement.
• Acting for a Jordanian client in a dispute with a French company in relation to a joint venture arrangement for the development of hotels in Jordan.
• Concluded by settlement an LCIA arbitration for a corporate vehicle through which an investment consortium purchased a major UK utility bringing breach of warranty claims against the previous owner of the utility. The claims were in excess of £150m.
• Our Reinsurance group had a major success on an English fraud arbitration, the culmination of many years work. Three English QC arbitrators decided that a US based insured had colluded with others in obtaining insurance/reinsurance from our clients.