Chambers UK 2019
The types of issues that have arisen in relation to these assets include shareholder disputes amongst JV partners, general contractual disputes including Trading Agreements and other offtake agreements, financial disputes with investors and banks, claims connected with fraud and bribery, claims connected with the collapse of deals where one party reneges on execution, expropriation of assets and other aspects of Bilateral Investment Treaties and EU Sanctions issues. In addition to local law aspects we are also highly experienced in dealing with the offshore elements connected with the disputes and have extensive experience in managing disputes in jurisdictions such as the BVI and Cayman Islands.
Our lawyers are highly experienced in the energy and infrastructure sectors.
Ioannis Alexopoulos is recognised as a ‘Recommended Lawyer’ in The Legal 500 UK 2019 for his litigation expertise and is described as having “great experience, clear thinking and iron logic”. His key industry sectors are infrastructure projects and disputes, including telecoms and IT projects, oil and gas disputes, natural resources and mining, shipping and international trade, including disputes in these sectors involving financing or business breakups and Joint Venture disputes and other ‘business divorces’. Ioannis’ practice is split between litigation and international arbitration. Ioannis is also recognised as both a Foreign Expert for Greece and Expert Based Abroad in the UK for Greece in Chambers Global.
Simon Bushell has significant experience both working with global state-owned entities and in the energy, natural resources and infrastructure sector. He has nearly 30 years’ experience in high stakes commercial litigation. Chambers UK have described Simon as “a truly exceptional lawyer” and “a go-to lawyer when the stakes are exceptionally high” because “his judgement is crystal clear”. Simon has been consistently ranked in Bands 1 and 2 for his civil fraud expertise in Chambers UK over many years, and is regarded as a ‘Leading Individual’ by The Legal 500 UK 2019 his work in this practice.
Josh Wong acts for a broad range of clients, focusing particularly on Chinese-based organisations, utilising his in-depth knowledge and experience of practicing in both China and Hong Kong. He is regarded as both an Expert Based Abroad in the UK and a Foreign Expert for China in Chambers Global. Chambers and Partners note that Josh is an “absolute international expert” with “notable expertise in the Chinese and Russian market”. Josh is also recognised as a ‘Recommended Lawyer’ in The Legal 500 UK 2019 for his civil fraud and litigation expertise.
Daniel Spendlove’s practice covers a range of industry sectors including financial markets, investment funds, mining, oil and gas and insurance/reinsurance. Daniel is regarded as a ‘Recommended Lawyer ’ in The Legal 500 UK 2019 and he is described as “very smart, client focused and details-oriented” and “immerses himself in clients’ cases and takes a hands-on approach which reaps dividends”.
Natalia Chumak’s experience spans across many industry sectors including oil and gas, water, aluminium, metallurgical, electricity/infrastructure, argotrading and construction. She is recommended in The Legal 500 UK 2019 for her litigation and international arbitration expertise, and is commended for having “extraordinary, high-quality analytical skills”. Chambers Global 2018 recognises Natalia as a Dispute Resolution Foreign Expert for Russia, and notes that she is a “very bright, robust and shrewd tactician who fights her client’s corner and goes the extra mile.”
Energy and Infrastructure Disputes Team
“They demonstrate the ability to formulate, plan and implement a sophisticated global strategy”
Chambers UK 2020
Ioannis is recognised in The Legal 500 UK 2020 as a ‘Recommended Lawyer’ for his international arbitration and commercial litigation expertise, and has been noted as a “highly rated litigator”. Ioannis has also been ranked in Chambers Global as a ‘Foreign Expert Based in UK’ and a ‘Foreign Expert for Greece’ for his dispute resolution expertise and is commended for his ability to “see right to the heart of sprawling banking disputes.”
Simon is regarded as a ‘Leading Individual’ in The Legal 500 UK 2020 for his civil fraud and commercial litigation expertise, and is recognised as a ‘Recommended Lawyer’ for his banking litigation work. The Legal 500 notes Simon is “an excellent litigator, constantly striving for ways to improve a case or undermine his opponents”, a “force-field of drive and determination” and he is “highly rated for high-stakes Russian and CIS-related disputes”. Chambers UK describes him as a “truly exceptional lawyer” and he has also been ranked as a Foreign Expert for his Russian dispute resolution work in Chambers Global. Simon became involved in Russian and CIS related disputes nearly two decades ago and continues regularly to handle matters with a connection to the region. Recognised for being “very clear-sighted and capable of identifying clear strategies for his clients to pursue“, Simon has been consistently ranked in Bands 1 and 2 for his civil fraud expertise in Chambers UK over many years.
Natalia is ranked in the Chambers UK and The Legal 500 UK Guides for her International Arbitration expertise. She has previously been praised by The Legal 500 and Chambers UK for her “fantastic experience and responsiveness”, for being an “extremely good tactical mind”, a “steely litigator with excellent litigation instincts” and she has been praised for her ability to “remain incredibly calm under pressure”.
Daniel has been highly ranked in The Legal 500 UK Guide for his expertise in banking litigation, commercial litigation and professional negligence. The Guide describes him as “very smart, client focused and details-oriented” and a “highly rated litigator”. He receives praise for being “a strategic thinker” who “brings real energy to cases”. He was recently described, by Commercial Dispute Resolution magazine, as “one of a new breed of independent and forceful commercial litigation partners”.
Josh is recognised as a ‘Recommended Lawyer’ in The Legal 500 UK 2020 for his international arbitration expertise, and is praised for being “an excellent lawyer, who is hardworking and has a clear vision.” He is also ranked in Chambers Global as a ‘Foreign Expert Based in UK’ for his Chinese dispute resolution, arbitration expertise, and as a ‘Foreign Expert for China’ for UK dispute resolution.
Energy and Infrastructure Disputes Experience
Representing a Kazakh investor in LCIA Arbitration in a claim against a JV partner arising out of a hydrocarbon exploration contract worth several hundred million US dollars.
Acting for a major CIS natural resources conglomerate in relation to complex and multi-jurisdictional issues subject to US$500 million LCIA proceedings.
Acting for DTEK in defending their interests across a range of complex, cross- border, issues – and arising from the loss of control of DTEK and several mining entities operating in the Donetsk and Luhansk regions in Ukraine with a total value of US$1 billion.
Acting for a group of offshore investment companies and their directors in an LCIA arbitration with claims in excess of US$1 billion following non-performance of a sale and purchase contract relating to a CIS based energy business.
Representing a Russian investment bank in High Court proceedings against an African company in connection with the payment of fees which were due to the client for substantial M&A transaction work.
Representing a large oil and gas business group and related individuals in a series of High Court and LCIA proceedings against a top Russian bank in relation to the interpretation of loan agreements and related security documentation. The claim value was US$500 million with counterclaims worth US$4 billion.
Acting for an energy group in connection with a shareholder dispute regarding the development of a large hydro-electric project in southern Africa under the LCIA rules. The Group’s co-investors wish to introduce new equity partners into the project in breach of Loan Note provisions which protect it from dilution.
Representing a state owned bank in connection with a dispute regarding its interests in a Hungarian petrochemicals plant.
Advising a major Dubai based water treatment operation on a multi-billion joint venture water desalination project dispute involving Japanese industry investors and Spanish and Qatari parties.
Advising the Eurasian Natural Resources Corporation (ENRC) on several matters. These include a costs claim against alleged overcharging by Dechert LLP over a £16m legal bill, and a civil claim being brought by the Serious Fraud Office regarding legally privileged material, relating to the SFO’s investigation into allegations of corruption and bribery (featured in The Lawyer’s top 20 cases of 2017).
Advising the family and the estate of the late Badri Patarkatsishvili in a US$1.8 billion dispute against Vasily Anisimov connected with an investment in the Russian mining company, Metalloinvest. The claims were pursued vigorously through to a six week trial in March 2014, with a settlement being achieved at the start of the trial (featured in The Lawyer’s top 20 cases of 2014).