Investment Treaty Arbitration

Our team has top-tier experience in investment arbitration. We have advised both foreign investors and States in over 40 investment treaty arbitration cases.

We have also participated in the negotiation of 15 bilateral investment treaties as well as the negotiation of the investment chapter of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union.

We have extensive experience advising States on the conformity of planned measures with regard to their investment treaty obligations, as well as on laws on the admission of foreign investment.

We always consider the potential for settled outcomes in respect of investment treaty disputes. We have acted as lead counsel to the investor in the first known mediation under the IBA’s Investor-State Mediation Rules.

We believe our extensive and diverse experience of representing both States and investors in various aspects of the investment treaty system gives us a balanced view that makes us better advocates for our clients.

Our experience includes:

  • Lead counsel to Latvian investors SIA North Star and Peteris Pildegovics in the first ever investment treaty claim, for EUR 450 million, against the Kingdom of Norway, in an ICSID arbitration, under the Latvia-Norway bilateral investment treaty, in the fisheries sector regarding snow crab
  • Lead counsel to another Latvian company in dispute in a dispute against Norway, under the Latvia-Norway BIT, in the fisheries sector, also regarding snow crab
  • Lead counsel to Lithuanian investors in an ICSID arbitration against Norway, under the Lithuania-Norway BIT, in the fisheries sector regarding snow crab
  • Lead counsel to Latvian and Estonian investors in a dispute against Norway under the Latvia-Norway BIT and Estonia-Norway BIT regarding judicial proceedings
  • Lead counsel to Romania in the defense of two UNCITRAL claims arising under the Canada-Romania BIT and US-Romania BIT concerning a request for compensation and restitution of film production studios
  • Lead counsel to the Republic of Latvia in an ICSID arbitration under the UK-Latvia bilateral investment treaty arising in the banking sector
  • Co-lead counsel for an Asian government in its first investment treaty claim
  • Lead counsel to a French state-owned company investor of an EU Member State in the first known investor-state mediation under the IBA Rules on Investor-State Mediation against an Asian state
  • Advising investors on potential claims against a MENA country under several investment treaties worth several hundred million euros
  • Advising a European investor in respect of an ICSID claim against a former Soviet Republic in the energy sector
  • Counsel to an NGO before UNCITRAL Working Group III regarding the reform of the Investor State Dispute Settlement system
  • Advising a francophone African government on amendments to its Investment Code
  • Advising various EU investors in respect of claims concerning changes in renewable energy tariffs

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