News & Events

Alex Haines

Alex Haines and Victoria Brown successful in two cases at the World Bank Administrative Tribunal

Alex Haines and Victoria Brown successfully represented the applicants in two recent WBAT cases. The World Bank Administrative Tribunal (“WBAT”) delivered last week its 8th November 2021 judgments in Cases Nos. 659 (GH v International Finance Corporation) and 660 (GI v International Finance Corporation).  Alex Haines and Victoria Brown represented two Heads of Funds at the International Finance Corporation (“IFC”), one of the five World Bank Group Agencies together with the International Bank for Reconstruction and Development (“IBRD”), International Development Association (“IDA”), International Centre for Settlement of Investment Disputes (“ICSID”) and Multilateral Investment Guarantee Agency (“MIGA”). The decision The WBAT ordered the IFC to pay compensation to the Applicants in the amount of six months’ salary net of taxes for the…

News, International 16 Dec, 2021

Sanctions Law Latest: Article 5 of Blocking Regulation tested for first time at the ECJ

In March 2020, the European Court of Justice was asked, for the first time, for the proper interpretation of Article 5 of the Blocking Regulation in the case of Bank Melli Iran v Telekom Deutschland GmBH.  John McKendrick QC and Alex Haines examine the Bank Melli case and Blocking Regulation below.   The Background On 28th November 2018, after US secondary sanctions on Iran came back into force earlier that month, the Hamburg District Court granted an interim injunction in Bank Melli Iran v Telekom Deutschland GmBH 319 O 265/18 on the basis of the EU Blocking Regulation (Council Regulation (EC) No 2271/96). The court ordered Deutsche Telekom, the defendant, to reinstate internet and telephone services to the claimant, Bank Melli Iran, after it had stopped services…

Legal Blog & Publications, International 3 Jun, 2020

Outer Temple Team Act in High Value LCIA Virtual Arbitration

John McKendrick QC, Nicholas Johnson QC and Alex Haines were instructed on behalf of the Respondent in an international commercial dispute worth over £115 million. Between January and April 2020, John McKendrick QC, Nicholas Johnson QC and Alex Haines were instructed on behalf of the Respondent in an international commercial dispute worth over £115 million. The dispute was between two parties in a former Soviet Republic, involving high value commodities. The arbitration took place under LCIA Rules and John and Alex represented the respondent at the hearing, which took place virtually. One witness was cross-examined from his overseas location and the legal representatives and Tribunal all participated remotely. The team successfully reduced the respondent’s liability to less than 50% of what…

News, International 26 May, 2020

Alex Haines talks on US Sanctions and EU Blocking Statute

Business Crime and Regulation specialist, Alex Haines, gives a webinar to 150 members of the finance and business industries on US sanctions and the EU Blocking Statute. On 19 March 2020, Alex Haines, member of Outer Temple Chambers’ Business Crime and Regulation Team, gave a webinar to a 150 participants from an array of different industry (including HSBC, Allianz, Nasdaq and Michelin) on US sanctions and the EU Blocking Statute. The Blocking Statute The webinar, titled ‘The Blocking Statute: Deciphering its Provisions, How to Handle the US/EU Conflict, and Actions to Date’ , was organised by the Association of Certified Sanctions Specialists (“ACSS”). It covered: The history and aims of the Blocking Statute The four mechanisms of the Blocking Statute Temporal…

News 24 Mar, 2020

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