Wade Coriell

• Representing an Australian mining company in an ICSID dispute against the Republic of India, arising out of the expropriation of a gold mining project in the state of Rajasthan.
• Won an award for declaratory relief worth well over $1 billion in an UNCITRAL arbitration on behalf of a Philippine electricity provider under a Concession Agreement.
• Won a $100 million award on behalf of a consortium of sellers in a Singapore-seated LNG price review arbitration.
• Won an award for declaratory relief on behalf of a Southeast Asian conglomerate in an SIAC arbitration over share ownership in a joint venture that owns and manages the tollways in the capital of the Philippines.
• Won a baseball-style coal price review arbitration on behalf of a coal producer in the Illinois basin.
• Won an award for declaratory relief worth over $4 billion in an ICC arbitration on behalf of two international oil majors against a Southeast Asian government, arising out of a revenue-allocation dispute under a gas service contract.
• Won an award for declaratory relief worth approximately $9.5 billion, as well as four groundbreaking interim measures awards, awards on behalf of Chevron against Ecuador, arising out of Chevron’s claim for violation of the U.S.-Ecuador bilateral investment treaty as a result of the government’s involvement in a fraudulent Ecuadorian court judgment against Chevron for alleged environmental contamination.
• Won an award for declaratory relief worth approximately $1.5 billion in an AAA arbitration on behalf of a U.S. LNG company against one of its customers, arising out of a dispute over gas volumes at a new tolling facility.
• Won a $360 million award for Burlington Resources in an ICSID arbitration against Ecuador, arising out of the expropriation of an oil concession and associated counterclaims for alleged environmental contamination.
• Won an $85 million award for ConocoPhillips in an UNCITRAL arbitration concerning the proper tariff charged by a gas pipeline in Indonesia. The case involved the application of a contract's various representations and warranties to hold the gas transporter liable for a tariff increase decreed by Indonesia's pipeline regulators.
• Won a $50 million award in an SIAC arbitration on behalf of ConocoPhillips China against its counterparty in a farm-out agreement arising out of three coal-bed methane concessions in China.
• Won a $30 million lost-profits award in a Geneva-seated ICC arbitration on behalf of a Turkish electricity distribution company against the Turkish government, for breach of a privatization contract.
• Won a favorable award for declaratory relief in an ICC arbitration on behalf of Phillips 66 against PDVSA and one of its subsidiaries, arising out of the price protection mechanism in a long-term crude oil supply agreement for a Texas refinery.
• Advising Australia Pacific LNG (APLNG) on an LNG SPA price review negotiation with a foundation North American customer, with a multi-billion-dollar price differential in dispute.
• Representing Shell in an ICSID arbitration against the Philippines, arising out of a dispute over the tax assumption provisions in the service contract for the offshore Malampaya gas project.
• Representing a major Philippine conglomerate in an SIAC arbitration against its Indonesian joint venture partner, arising out of a dispute over shares in a Dutch venture that owns and operates the major toll roads in and around Manila.
• Represented a construction contractor in an LCIA arbitration, arising out of a force majeure dispute related to an oil refinery in Kurdistan. The case settled favorably.
• Represented PT Medco E&P Brantas in an AAA arbitration against Lapindo Brantas, Inc., arising out of an environmental indemnification dispute related to their joint operating agreement for oil exploration and production in Indonesia. The case settled favorably.
• Represented Global Gold Corporation in an ICSID claim against Armenia under the U.S.-Armenia BIT, arising from Armenia’s repudiation and violation of mining licenses issued to Global Gold for mineral exploration and exploitation in several Armenian oil fields. The case settled favorably.
• Represented a major U.S. electrical contractor in several lawsuits and AAA arbitrations for breach of contract. The cases settled favorably.

Wade Coriell is the Co-Head of our International Disputes practice group, a member of the Singapore International Arbitration Centre's Court of Arbitration, and one of the leading arbitration advocates in Asia.  He has served as lead counsel in several of the largest commercial and investment-treaty arbitrations on record, particularly in the energy and mining sectors.  Chambers Global ranks Wade as a global market leader, while Chambers Asia-Pacific ranks him as a Band 1 practitioner in Singapore.

According to Chambers, clients describe Wade as "an excellent advocate whose level of experience and ability make him stand out" and reporting that clients "would trust him to lead our most important and sensitive international dispute matters and consider him to have become one of the pre-eminent practitioners in Singapore."  The Legal 500 notes that Wade "has an excellent record in oil & gas cases, particularly in Indonesia and the Philippines; he is in the forefront of LNG price review disputes;" and that his "abilities as a terrific advocate and a pragmatic advisor make him stand out among his competitors."

Wade has particular strength in handling high-profile matters pending simultaneously in multiple jurisdictions, often involving elements of public, investor and government relations.  Clients report to Chambers that he "is very thorough and cuts through complex commercial issues and simplifies them in such a form that they are easily understood," and that "[h]is advocacy skills are amazing."  Wade's recent work includes handling four Asia-based disputes and one Latin American dispute of over $1 billion each.

Wade has represented clients before the Singapore International Arbitration Centre, the Hong Kong International Arbitration Centre, the International Centre for Settlement of Investment Disputes, the International Chamber of Commerce, the London Court of International Arbitration, the American Arbitration Association, the Permanent Court of Arbitration in The Hague, and other institutions.  

Since 2015, Chambers has ranked Wade annually for his strong international arbitration practice, and he is currently ranked as a Band 1 practitioner in Singapore, a Band 3 practitioner by Chambers USA, and a Band 5 practitioner globally. He also is listed in Legal 500, Who’s Who, Arbitration Future Leaders, Benchmark Litigation, Global Arbitration Review 100, and Latin Lawyer.