International Arbitration Team Achieves Victory in Dispute Heard Before the International Chamber of Commerce

Fishman Haygood’s International Arbitration team recently achieved victory on behalf of a construction company client in a matter heard before the International Chamber of Commerce (ICC). The dispute was against an Arab state on claims of expropriation and violation of umbrella clause obligations, amounting to damages of $30 million. Case details remain confidential.

Partner Benjamin Reichard served as lead counsel. Also representing the claimant were Fishman Haygood attorneys Jim Swanson and Molly Wells.

Fishman Haygood’s International Arbitration team handles a number of disputes arising under bilateral investment treaties (“BIT”s). Sovereign nations enter BITs to protect investors of their country who make investments in their partner country under the treaty. In such matters, the firm represents claimant construction companies in confidential arbitrations against respondent sovereign nations who expropriated or otherwise impaired the claimant’s investment within respondent’s borders in violation of the applicable BIT.

Click here to read more about the firm’s International Arbitration team.