News & Events
News & Events
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 16 Dec, 2021
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 26 May, 2020
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
The Court of Appeal has delivered a significant ruling on evidence in international commercial arbitrations. Teresa Rosen Peacocke was successful in seeking support of the English court in a case based in New York. Teresa Rosen Peacocke, with Richard Lissack QC and Leonora Sagan of Fountain Court Chambers, succeeded in the Court of Appeal in A v C [2020] EWCA Civ 409. They acted for the successful Appellants in this appeal with legal significance to the arbitration community. Counsel were instructed by Ronald Minkoff of Frankfurt Kurnit Klein and Selz PC in New York and Sinead O’Callaghan and Sam Roberts of Cooke Young and Keidan in London. Teresa Peacocke acted for the Appellants at first instance. In this judgment, the…
News 22 Mar, 2020
