Laurent Levy - ARBITRATOR PROFILE AND APPOINTMENTS

RECENT IAREPORTER COVERAGE ABOUT Laurent Levy

• Tribunals are revealed for billion-dollar mining arbitrations against Australia
  Sep 08, 2023
• Analysis: Tribunal hearing bitterly-fought Ipek v. Turkey dispute examines if contractual rights qualify as BIT-protected investments, and ultimately dismisses the case based on an abuse of process; previously unseen procedural decisions come to light
  Jul 06, 2023
• Tribunal appointed in latest arbitration between MOL and Croatia
  Jun 16, 2023
• Eni v. Nigeria tribunal grants request for amicus participation, limits submission to factual corruption-related issues, and gives access to index of exhibits; decision is published as an exception to otherwise confidential proceedings
  Mar 08, 2023
• Tribunal hearing oil and gas company’s claim against Nigeria is reconstituted for the second time
  Jan 23, 2023
• Three are in place to hear telecoms arbitration under China-Saudi Arabia BIT
  Jan 10, 2023
• [Updated with a copy of the Award] ICSID tribunal declines jurisdiction over claim arising out of failed Turkey coup
  Dec 08, 2022
• Lithuania claims victory in treaty arbitration brought by Russian Fund
  Jul 12, 2022
• Tribunal is constituted to hear Romania’s bid for interpretation of Micula I award
  Jul 04, 2022
• Laurent Levy is tapped to chair mining arbitration against Congo-Brazzaville
  Apr 22, 2022
• Romania requests interpretation of 2013 Micula award in light of ongoing US enforcement proceedings
  Mar 07, 2022
• Analysis: Lithuania’s Supreme Court finds that intra-EU BIT’s arbitration clause has been invalid since the state’s accession to the European Union, and declines to refer preliminary question to the CJEU
  Jan 21, 2022
• Invoking the CJEU’s case-law on intra-EU arbitration, Lithuania’s Supreme Court finds that ICSID arbitration is not an obstacle to airing the dispute before local instances
  Jan 18, 2022
• ICSID tribunal hearing claims against Nigeria is reconstituted, following the resignation of the claimant’s initial appointee
  Jan 17, 2022
• The Hague Court sets aside Cairn v. India award based on Cairn’s decision not to object to the set-aside application
  Jan 10, 2022
• Nigeria seeks to dislodge Stanimir Alexandrov from ICSID case
  Dec 13, 2021
• Cairn and India move towards settlement of 1+ billion USD retroactive tax dispute
  Nov 04, 2021
• Three are in place to hear Eni’s ICSID claim against Nigeria
  Jul 15, 2021
• [Updated with a copy of the Award] In newly-unearthed UNCITRAL award against Poland, Levy-chaired tribunal finds tax measure in breach of BIT
  Mar 04, 2021
• Poland Round-Up: A new award, a newly-identified tribunal, and other procedural updates on Polish cases – including a previously unknown judgment from set-aside proceedings
  Feb 04, 2021
• Long-running arbitration case against Yemen comes to an end
  Dec 30, 2020
• Analysis: in now-public award, BIT tribunal finds that retroactive change to tax law was “grossly unfair”; India ordered to withdraw tax demand and compensate for forced sale of investment
  Dec 29, 2020
• [Updated with a copy of the Award] A $1.2+ billion dollar loss for India as Cairn Energy prevails in new investment treaty award
  Dec 23, 2020
• Three are in place to hear Azerbaijani oil field modernization dispute
  Oct 19, 2020
• West Africa Round-Up: An update on arbitration disputes in the region
  Aug 27, 2020
• Revealed: Russian Fund v. Lithuania tribunal allows claimant to pursue discovery application in the US
  Aug 19, 2020
• Analysis: In Bahgat v. Egypt, arbitrators find that a series of measures, including the claimant’s arrest and the freezing of his assets, amounted to a violation of two BITs
  Aug 18, 2020
• Bahgat v. Egypt decisions come to light
  Aug 12, 2020
• [Updated] Invoking the EU Termination Agreement, Lithuania files claims against Veolia before local courts
  Jul 24, 2020
• Two cases are discontinued at ICSID following the parties’ settlements
  May 29, 2020
• Analysis: In Ortiz v. Algeria, arbitrators offer in-depth analysis of the criteria for attributing acts of state-owned companies to the state; claims are dismissed on the merits
  May 08, 2020
• UNCITRAL tribunal finds that Egypt breached two investment treaties through criminal proceedings initiated against investor in iron ore venture
  Apr 22, 2020
• Tribunal in bitterly fought ICSID dispute sees no general duty of confidentiality, but orders that arbitral decisions should be treated as confidential in the future; security for costs decision surfaces
  Apr 10, 2020
• Local court enjoins UK-based company from funding ICSID arbitration
  Mar 25, 2020
• Looking Back: In Parkerings v. Lithuania, tribunal reasoned that a breach of contract could only amount to a treaty breach if the investor had previously sought reparation before local courts
  Feb 24, 2020
• UK Supreme Court finds in favour of Micula brothers and lifts stay of enforcement of ICSID award
  Feb 19, 2020
• REVEALED: the detailed reasons why arbitrators have ordered Turkey to suspend local criminal and civil proceedings running parallel to an ICSID case - but declined to block extradition requests
  Feb 12, 2020
• Turkey round-up: an update on developments in the Ipek, Cascade and Westwater Resources BIT arbitrations
  Feb 03, 2020
• Laurent Levy tapped to chair banking arbitration against Lithuania
  Jan 13, 2020
• Award looms in UNCITRAL investment arbitration against Yemen; in unpublished ruling, arbitrators decided who is rightful legal representative of state
  Dec 23, 2019
• ICSID ad hoc committee extends stay of enforcement of Caratube II award, referring to the claimants’ conduct relative to previous arbitration
  Dec 19, 2019
• Romania round-up: As state reportedly moves to pay controversial Micula award, we provide an update on developments in seven investment treaty-based arbitrations
  Dec 17, 2019
• Egypt Round-Up: an update on developments in three treaty-based cases
  Dec 13, 2019
• Caratube v. Kazakhstan (II): Parties resume previously-suspended annulment proceedings; an ICSID ad hoc committee is formed, with Eduardo Zuleta tapped to chair
  Sep 26, 2019
• In ConocoPhillips’s second ICC arbitration against PdVSA, tribunal uses amiable compositeur powers to find that Venezuela should repay loan – but other contractual claims are dismissed
  Aug 09, 2019
• In second ICC arbitration against Venezuela’s PDVSA, ConocoPhillips is awarded only $54 million (US), including interest
  Aug 05, 2019
• Crystallex v. Venezuela: U.S. Appeals Court OK's enforcement of billion dollar ICSID award through attachment of shares in U.S. based refinery company
  Jul 29, 2019
• In recently-released decisions, UNCITRAL tribunal declines India’s request for greater transparency in Cairn tax case, and rejects state’s unilateral right to file arbitration documents with local courts
  May 02, 2019
• Australian mining investor settles with political risk insurer, as both team up to pursue arbitration against Thailand over gold mine closure
  Mar 18, 2019
• Laurent Levy tapped to chair arbitration arising out of African oil block dispute
  Jan 25, 2019
• An overview of our reporting from September-December 2018
  Jan 04, 2019
• Egypt Round-up: an update on new investment claims, settlements, and arbitrator appointments
  Nov 30, 2018
• Poland investment treaty claims round-up: an update on new claims, progress of ongoing cases, and enforcement/set-aside actions
  Nov 16, 2018
• Arbitrators are in place for Ipek's claim that Turkey unlawfully seized its businesses
  Sep 28, 2018
• An update on investment treaty disputes involving the Government of India
  Aug 23, 2018
• ConocoPhillips concludes settlement agreement with PdVSA regarding payment of recent $2 billion ICC Award
  Aug 20, 2018
• A tribunal is chosen for investor arbitration filed under Eurasian Economic Union investment treaty
  Aug 15, 2018
• ANALYSIS: review of Conoco-PdVSA ICC award reveals why tribunal saw two measures in breach of contract – including income tax hike over which ICSID tribunal had declined jurisdiction
  Apr 30, 2018
• ANALYSIS: in new ICC award, tribunal uses ex-post data valuation, rejects demand for compound interest, and finds that availability of investment treaty arbitration should mitigate country risk
  Apr 30, 2018
• As ICSID process grinds on, ICC tribunal weighs in with ruling under contract and orders PDVSA to pay ConocoPhillips $2 billion for breach of oil contracts
  Apr 25, 2018
• Levy, Kaplan and Thomas selected to hear new UNCITRAL BIT arbitration over hobbled mining project
  Mar 28, 2018
• Kazakhstan seeks to annul unfavourable arbitral award from Caratube International Oil Company case
  Feb 05, 2018
• Poland loses bid to overturn arbitral finding (in Horthel v. Poland) that tax on gambling company breached BIT
  Jan 12, 2018
• In jurisdiction discussion in Caratube v. Kazakhstan II case, arbitrators grapple with res judicata effects of first ICSID award, see a contractual basis for new claims, and consider 1994 foreign investment law
  Oct 01, 2017
• At merits stage of Caratube II case, majority of tribunal sees an unlawful expropriation of oil contract rights, following from shifting political winds
  Oct 01, 2017
• In their assessment of damages for expropriation of oil contract rights, arbitrators see no basis for lost-profits award or moral damages and instead reimburse Caratube for its sunk costs
  Oct 01, 2017
• Poland round-up (part 1): As government shakes up investment treaty and arbitration management system, what is happening in ongoing BIT cases?
  Jul 09, 2017
• Tribunal is finalized for latest Algeria BIT arbitration, with Laurent Levy selected as chair
  Jun 23, 2017
• As India's key jurisdictional objections come into view in tax cases, tribunals diverge as to whether they should be addressed on a preliminary basis
  May 01, 2017
• "Quasi-consolidation" of billion dollar retroactive tax cases is nixed; arbitrators also rule that Cairn v. India case should not be stayed in deference to Vedanta proceeding
  Apr 28, 2017
• Canadian miner, backed by its funder, defeats Venezuela's attempt to set-aside $1.4 billion BIT award
  Mar 27, 2017
• ANALYSIS: Enforcement of controversial ICSID award against Romania is stayed by UK judge pending EU Court decision, but investors may get security from Romania in interim
  Jan 23, 2017
• Two under-the-radar Poland BIT cases near final awards, with claimants alleging mistreatment of banking and gambling investments
  Nov 17, 2016
• Chair is chosen for Veolia's investment treaty arbitration against Lithuania
  Jul 18, 2016
• Yemen's security situation warrants termination of production sharing agreements, but ICC tribunal draws adverse inferences against the State for failing to produce documents related to terrorism
  Jul 06, 2016
• In-Depth: Arbitrators in Crystallex case sidestep debate over lawful vs unlawful expropriation, and accept validity of two of four damages valuation methods
  Apr 09, 2016
• In-Depth: unpacking the facts - and jurisdictional objections - of the Crystallex v. Venezuela arbitration
  Apr 06, 2016
• In-Depth: tribunal sees a legitimate expectation created by Environment Ministry conduct, and sees later permit-denial as premised on specious concerns
  Apr 06, 2016
• Billion Dollar award against Venezuela is reward for investor that had battled its creditors for time to pursue ICSID claim - and also a huge win for New York hedge fund that backed the case
  Apr 05, 2016
• UPDATED: Conoco v. Venezuela ICSID case stalls again as chairman Kenneth Keith resigns, and appears in danger of being eclipsed by parallel ICC arbitration
  Mar 23, 2016
• Law firm ties of ICSID arbitrators spur recent resignations from tribunals
  Mar 09, 2016
• In-depth: exploring the reasons why an ICSID annulment committee has declined Romania's bid to annul Micula award
  Feb 28, 2016
• European Commission's arguments before Micula annulment committee are dismissed, but E.C. says that its non-enforceability arguments are gaining purchase in member-state courts
  Feb 28, 2016
• Kazakhstan round-up: new disputes, new tribunals and procedural developments in ongoing cases
  Feb 24, 2016
• Tribunal is finalized for tax-related BIT dispute between Cairn Energy PLC and Government of India
  Jan 20, 2016
• ICSID tribunal not satisfied with nominally foreign nature of corporate claimant, and probes deeper - ultimately opting to decline jurisdiction over Guinea claim
  Jan 08, 2016
• Previously-undisclosed Vocklinghaus v. Czech Republic award is released, shedding light on reasons for €3 million costs order against investor
  Feb 24, 2015
• Tribunal weighs in with a ruling in Caratube v. Kazakhstan case on highly-charged request for provisional measures focused on murder investigations
  Dec 30, 2014
• An overview of the now-public Achmea v. Slovak Republic II award
  Jun 13, 2014
• Analysis: new decision could embolden parties to seek interpretive or advisory opinions from arbitrators
  Jun 13, 2014
• Arbitrators use "prima facie" test to see if claims capable of breaching BIT, but also lapse into weighing some of the claimant's evidence
  Jun 13, 2014
• Arbitrators dismiss claims by Dutch insurer, but investor says it has achieved goal of averting Slovak nationalization and creation of single-payer health system
  May 23, 2014
• Appearance of possible prejudgment of key issues leads to unprecedented disqualification of ICSID arbitrator at the hands of colleagues
  Mar 20, 2014
• Tribunals named for Transglobal v. Panama, Spentex v. Uzbekistan and Federal Elektrik v. Uzbekistan arbitrations
  Feb 23, 2014
• Claimants seek to disqualify arbitrator chosen by Kazakhstan in high-stakes energy arbitration
  Feb 03, 2014
• Arbitrators picked for Venezuela, Costa Rica and Kazakhstan cases, and replacement is named after disqualification in Burlington v. Ecuador
  Jan 13, 2014
• In Micula v. Romania case, EU expresses doubts as to legality of ordering EU state to compensate investors for lost incentives
  Jan 06, 2014
• Majority of tribunal sets high bar for relying on treaty's umbrella clause: commitments to investors must be vested rights under local law
  Jan 06, 2014
• Investors seek injunctive relief and channeling of damages to select claimants in Romania case; should damages reflect benefits for claimants of joining EU?
  Jan 06, 2014
• In analysis of legitimate expectations, arbitrators ask whether investors or Romania bore "the risk of regulatory change"
  Jan 06, 2014
• Arbitrators find fault with Romania for not apprising investors "reasonably soon" after it had become clear that incentives would need to be revoked
  Jan 06, 2014
• Arbitrators award damages for actual losses, as well as some future lost profits in dispute over withdrawn investment incentives
  Jan 06, 2014
• After 8 year ICSID marathon, foreign investors win $250 million in damages and interest in dispute with Romania arising out of withdrawn incentives
  Dec 12, 2013
• Arbitrator steps down after being challenged in multi-billion dollar Venezuelan gold mining dispute
  Dec 12, 2013
• German Supreme Court declines to opine on validity of intra-EU bilateral investment treaties
  Oct 18, 2013
• Tribunals finalized for Cervin & Rhone v. Costa Rica and Société Civile Immobilière de Gaëta v. Republic of Guinea arbitrations
  Sep 11, 2013
• Slovakia round-up: Tribunals in place for steel plant and (new) health insurance disputes; assets frozen in Luxembourg in bid to collect on 2012 award
  Jun 12, 2013
• ANALYSIS: What arguments underlay the recent challenge to arbitrator Brigitte Stern in Murphy v. Ecuador case?
  Mar 28, 2012
• New International Investment Law Works: May 2011 to January 2012
  Jan 13, 2012
• Venezuela claims round-up: three tribunals named, two new arbitrations filed by victims of nationalizations, and one investor looks for funding
  Oct 12, 2011
• Canada prevails in NAFTA arbitration over thwarted garbage disposal project; costs ruling obliges government to shoulder its defence costs
  Sep 27, 2011
• Czech Republic announces another intra-EU arbitration victory in fight over golf resort
  Sep 23, 2011
• Foreign investors withdraw request that arbitrators order government to reinstate certain incentives; as final award looms, arbitrators tell state officials to give two months notice before assets are seized in tax dispute
  Jul 07, 2011
• Ad-hoc arbitration tribunal is hearing German investor’s claims against Czech Republic following bankrupting of investment project
  Sep 28, 2010
• Turkey prevails in Uzan-related $19 Billion arbitration claim; Dutch national unable to prove legal ownership of disputed telecoms firm
  Jul 19, 2010
• Water extraction claim dries up in absence of funds; claimant ordered to cover half of state’s expenses in UNCITRAL arbitration
  Jun 16, 2010
• Replacement arbitrator selected by Canada in NAFTA garbage site dispute
  Jan 17, 2010
• Turkey prevails in one of three claims arising out of termination of Uzan family-owned electricity concession
  Aug 17, 2009
• Tribunal constituted to hear water extraction dispute between German investor and Czech Republic
  May 27, 2009
• ANALYSIS: Stakes higher in Micula v. Romania case given tribunal’s signal that it could order restitution of legal framework?
  May 11, 2009
• In-Depth: Turkey resists effort by two claimants to withdraw ICSID cases in electricity company disputes
  Feb 10, 2009
• ANALYSIS: Arbitrators nix Romania’s plea that Swedish citizens were effectively Romanians, and unqualified to sue at ICSID
  Oct 01, 2008
• Challenge to ICSID arbitrator fails on basis of alleged lack of independence arising from concurrent arbitral appointments by the same government
  Jun 18, 2008