Arbitration 2024 saw Hughes Hubbard’s arbitration team achieve victory for clients across the world, from U.S. courts to the International Centre for Settlement of Investment Disputes.
Russia Must Oppose Confirmation of Arbitration Award in U.S. Court
Hughes Hubbard won an important ruling that the Russian government must defend a suit seeking confirmation of an over $34 million arbitration award against the country in favor of a group of 11 Ukrainian gasoline companies, as part of a series of arbitrations over gas stations and other assets the Russian government seized after its 2014 invasion of Crimea. This ruling followed the firm pushing back against Russia’s attempt to toss its claims in the U.S. District Court for the District of Columbia in April.
ICSID Arbitration Settlement for Republic of Togo
The firm obtained a major success for the Togolese Republic in the settlement of an International Centre for Settlement of Investment Disputes arbitration against Groupe Bolloré Africa Logistics, which has since become Africa Global Logistics, a major transport and logistics company in Africa.
Arbitration Award Confirmed for Deutsche Telekom
Hughes Hubbard successfully represented German telecommunications provider Deutsche Telekom in an action to confirm an arbitration award against India arising out of India’s breach of its 1995 bilateral investment treaty with Germany.
Senegal’s $5B ICC Arbitration Against ArcelorMittal
The firm is representing the Republic of Senegal in an International Chamber of Commerce arbitration against Luxembourg-based multinational steel manufacturer ArcelorMittal, the second largest steel producer in the world.
$30M Arbitration Award Enforcement for Shenzhen Zehuijin Investment Center
The firm achieved victory for Chinese investment firm Shenzhen Zehuijin Investment Center, enforcing an arbitration award of approximately $30 million over a breached loan agreement.
$50M+ in Arbitration Awards for Pharaon
Hughes Hubbard successfully represented the Saudi Arabia-based Pharaon Commercial Investment Group in a dispute with its business partner GICA, Algeria's state-owned cement company, and SCIBS, the joint venture between Pharaon and GICA.