David Seidl

Investment Arbitrations

• Advising a state in a pending US$1.4 billion investment arbitration regarding compensation for the expropriation of the claimant’s predecessors’ company in the 1970s.
• Advising Libya in a pending €52 million arbitration relating to a construction project filed by the company Nurol Insaat ve Ticaret before the ICC under the Turkey-Libya BIT.
• Advising Libya in a pending US$61 million arbitration related to a construction project filed by the company Ustay Yappi Taahhut ve Ticaret before the ICC under the Turkey-Libya BIT.
• Advising Romania in a pending ECT arbitration regarding changes in subsidies for generation of renewable energy (Kelag – Kartner Elektrizitats et al. v. Romania (ICSID Case No. ARB/21/54)).
• Advising Romania in a pending ICSID arbitration related to development of a real estate project (Plaza Centers N.V. v. Romania (ICSID Case No. ARB/22/15)).
• Advising Ecuador in an UNCITRAL arbitration arising under the US-Ecuador BIT in connection with a services contract in the energy sector.
• Advised a group of Canadian and Cypriot investors in an investment arbitration against Serbia regarding expropriation of an agricultural company (ICSID Case No. ARB/18/8).
• Advised Libya in a €183 million arbitration relating to a construction project filed by the company Guris Insaat ve Muhendislik before the ICC under the Turkey-Libya BIT. All of the claimant's claims were rejected and Libya was awarded €1.46 million of fees and costs it incurred by defending the claim.
• Advised Kosovo in an investment arbitration against a Croatian-Kosovar double national regarding alleged investment in the petrol sector. All claimant’s claims were dismissed, and Kosovo was awarded its costs.
• Advised the Slovak Republic in a UNCITRAL investment arbitration arising under the Poland-Slovakia BIT in connection with an alleged indirect expropriation of a company producing mineral water (Spółdzielnia Pracy Muszynianka v. Slovakia). All of the investor’s claims for damages were rejected.
• Advised Estonia in an ICSID arbitration arising under the Netherlands-Estonia BIT in connection with regulation of water tariffs in the Estonian capital Tallinn (ICSID Case No. ARB/14/24). All of the claimants’ claims were rejected and Estonia was awarded more than US$750,000 of fees and costs it incurred by defending the claim.

International Commercial Arbitrations

• Advised a Czech company in an ICC arbitration against a British company in connection with a breach of the seller’s guarantees under a share purchase agreement.
• Advised a Finnish company in a UNCITRAL arbitration conducted against a central European country regarding alleged breaches of an offset agreement. The client prevailed in the dispute.
• Advised a Middle Eastern individual in an ICC arbitration relating to a project for the construction of a power plant.