The Dispute Resolution team is advising an international shareholder group as lead counsel in connection with a cross-border dispute regarding the client’s shares in companies owning drill ships including a 400 million plus arbitration under the Rules of ICC with its seat in New York and further disputes in New York, Brazil and the BVI.
Our team of very experienced lawyers was able to gain an outstanding interim victory by obtaining an interim award forbidding the opposing party to dispose over the disputed shares until a final ward is rendered. In addition, the team was able to achieve full success in an interim proceeding in which the opposing party demanded security for costs. As a result, a very favorable settlement of all pending disputes between the parties was achieved.