Egishe
Dzhazoyan

Selected Arbitration Matters

Advising a number of CIS respondents in a series of related LCIA arbitrations arising out of a joint venture dispute in the mining sector. Value US$320+ million.

Acting for investors in ICSID arbitration proceedings against the Italian Republic arising out of the Energy Charter Treaty. Value €200+ million.

Representing a Cypriot investor in ICSID arbitration proceedings against the Government of Montenegro. Value US$200+ million.

Acting for a European subsidiary of a major Russian bank in an LCIA arbitration against a major commodity trading company. Value €28+ million.

Acting for a European subsidiary of a major Russian bank in an LCIA arbitration against a Montenegrin aluminium smelter. Value €28 million.

Successfully representing a Cyprus-based claimant company in LCIA proceedings with a Singapore counterparty arising out of the parties’ failed joint venture in a Russian coal mining project. The award obtained upheld the entirety of the claimant's claims, including legal costs and interest. Value US$8 million.

Successfully representing an individual respondent in LCIA proceedings arising out of the parties’ dispute in relation to a Russian cardboard mill. The claims were fully dismissed on jurisdictional grounds with costs awarded in the client’s favour. Value US$10 million.

Representing an Eastern European energy company in a London-based UNCITRAL arbitration with a major commodity trading company. Value US$100 million.

Acting for a large Russian automobile manufacturer in a LCIA arbitration dispute against a major European investment bank involving a guarantee. Obtained a favourable settlement for the client. Value US$100+ million.

Representing two Russian claimants in a SCC arbitration against the government of an Eastern European state relating to expropriation of the claimants' shares in a major local bank. Value US$8 million.

Successfully representing three claimant companies against a Bermuda-based affiliate of a leading Russian investment bank following the market crisis of 2008 in three related LCIA arbitrations. The awards obtained upheld the entirety of the claimants' claims, including legal costs and interest.

SCC arbitration in Stockholm on behalf of a Swiss trading company arising from a shareholder dispute and consequent fraud under various agreements associated with the Russian aluminium industry. Obtained a favourable settlement for the client. Value US$380 million.

Selected Litigation Matters

National Bank of Kazakhstan and another v Bank of New York Mellon SA/NV, London Branch and others [2020] EWHC 916 (Comm) - acting for the Second to Fifth Defendants in a complex award enforcement dispute arising out of related Belgian attachment proceedings involving the same parties. This dispute saw the first ever virtual trial in English legal history and was named in The Lawyer’s Top 20 Cases of 2020 list. Value US$545 million.

Leidos Inc v the Hellenic Republic [2019] EWHC 2738 (Comm) - successful enforcement of an €55 million ICC arbitral award arising out of a breach of contract claim relating to the 2004 Summer Olympics in Athens.

Tsareva and others v Ananyev and others; Galagaev and others v Ananyev and others [2019] EWHC 2414 (Comm) - successful strike out of claims for fraud and conspiracy on behalf of the Third, Fourth and Fifth Defendants concerning certain securities issued by an affiliate of a major Russian bank. Value US$79 million.

National Bank of Kazakhstan and another v Bank of New York Mellon SA/NV, London Branch and others [2018] All ER (D) 103 (Dec) - acting for the Second to Fifth Defendants in a jurisdictional challenge concerning a claim for declarations which arose out of related Belgian conservatory attachment proceedings involving the same parties. Value US$540 million.

Representing Moldovan investors in enforcement proceedings in relation to an US$540 million Energy Charter Treaty arbitral award against the Republic of Kazakhstan - Stati and others v Republic of Kazakhstan [2018] EWCA Civ 1896.

Representing a subsidiary of the Libyan sovereign wealth fund in High Court proceedings with a Dubai-based counterparty involving allegations of breach of contract, fraud and conspiracy - Catalyst Management Services v Libya Africa Investment Portfolio [2018] EWCA Civ 1676. Value US$500 million.

Advising a private Russian client in a dispute arising out of a failed joint venture property development project in Morocco - Baturina v Chistyakov [2017] EWHC 1049 (Comm). Value €74 million.

Representing defendants in freezing order and related proceedings in the English High Court brought by the liquidator of a BVI entity - Montvale Invest Ltd (In Liquidation) v Terra Raf Trans Traiding Ltd and another [2016] EWHC 1664 (Ch). Value US$24.7 million.

Advising a private Russian client in High Court of Justice proceedings brought by a liquidator of a major Russian bank - JSC Mezhdunarodniy Promyshelnniy Bank and another v Pugachev amd others [2015] EWHC 2623 (Ch). Value US$1.5 billion.

Representing VTB Bank (Austria) AG in High Court proceedings against a foreign liquidator under the Cross-Border Insolvency Regulations 2006 - Re Kombinat Aluminijuma Podgorica AD (in bankruptcy) [2015] EWHC 750 (Ch).

Successfully representing a Gibraltar-based company in High Court proceedings against a number of Kazakh defendants arising out of a loan agreement – Terra Raf Trans Traiding Ltd v Aidar Assaubayev and Ors [2014] EWHC 4211 (Comm). Value US$7.3 million.

Representing an Eastern European energy company in worldwide freezing order proceedings in aid of a London-based UNCITRAL arbitration with a major commodity trading company. Value US$100 million.

Privy Council proceedings on behalf of a Kyrgyz telecom holding company on appeal from the Isle of Man concerning a dispute over a Kyrgyz mobile operator - Altimo Holdings and Investment Ltd and others v Kyrgyz Mobil Tel Ltd and others [2011] UKPC 7. Value US$600 million.

Anti-suit proceedings in the High Court of Justice relating to an LCIA arbitration involving a large Russian automobile manufacturer and a major European investment bank - BNP Paribas SA v Open Joint Stock Co Russian Machines and another [2011] EWHC 308 (Comm).

Advising a number of Russian parties in Bermuda court proceedings against a Bermuda-based investment fund in a dispute involving alleged breach of contract, fraud and tort arising out of the parties' joint venture in Russia. Value US$84 million.

Representing two Cypriot entities in English court proceedings concerning breach of agreements about the transfer of shares in a Russian company and related proceedings in Cyprus for negative declarations - Kolden Holdings Ltd v Rodette Commerce Ltd and another [2008] EWCA Civ 10.

Advising a subsidiary of Exxon Mobil in freezing order proceedings under section 44 of the Arbitration Act 1996 against a Venezuelan state owned oil & gas company - Mobil Cerro Negro Ltd v Petroleos De Venezuela SA [2008] EWHC 532 (Comm). Value US$12 billion.

Fraud and conspiracy proceedings before the High Court of Justice in London on behalf of France, Cyprus and Dubai based investors in the Tajik aluminum plant. Proceedings involving claims under six separate governing laws - Intermet FZCO and others v Ansol Ltd and others [2007] EWHC 226 (Comm). Value US$65 million.

Base Metal Trading Ltd v Shamurin [2004] EWCA Civ 1316 - imposition of a tortious/equitable duty of care and a voluntary assumption of responsibility; director's duties to his company and related governing law issues.