Charles Russell Speechlys awarded International Arbitration Team of the Year at the Legal Business Awards 2018
Date: Tue, 01 May, 2018
The Middle East International Arbitration team were named as 'International Arbitration Team of the Year' at the Legal Business Awards 2018 held at the Grosvenor House Hotel on Wednesday 18 April.
Their growing International Arbitration team also consists of specialist lawyers from London, Paris and Geneva offices however the submission for this award derived from work undertaken by their arbitration team based in their Middle East offices. The submission detailed the team’s work in successfully defending a client against a $660m LCIA arbitration claim brought by a Saudi Arabian multinational regarding a joint venture. The team recovered 100% of the client’s costs and agreed an innovative pricing agreement with the client whereby risk was shared, but the client had costs certainty at every stage of the dispute.
Patrick Gearon, Head of the Middle East practice said: “We are thrilled to see that the hard work and excellent results of our growing international arbitration practice has been recognised at the Legal Business Awards 2018. This award demonstrates that our team’s reputation in this area and continues to go from strength to strength.
The firm’s Middle East disputes team, led by Patrick Gearon, also received a “highly commended” citation in the Middle East Litigation Team of the Year award at the Middle East Legal Awards held on Thursday 19 April in Dubai. It follows three years of significant growth for the Middle East Dispute Resolution team which has seen the team more than double in size and open a new office in Dubai in August last year. With the addition of Dubai, they now offer clients a team that can handle local and regional Arabic litigation cases headed by Ghassan El Daye.
Patrick further commented on the recent awards saying “the last twelve months have seen our dispute resolution practice grow significantly and win some of the highest value and complex cases in the region. Our new team in Dubai have further enhanced our capabilities across the transport, logistics, financial services and real estate & construction sectors. I am thrilled that we have received this recognition and am very proud of my team who deliver an exceptional service to our clients across the region”