ICSID Arbitration on Behalf of Arab Government Respondent
Representing the Republic of Iraq in an ICSID arbitration brought by a German company in the power plant sector (value $1 billion).
Advised Turkish Investors in $50 Million + ICSID Claim
Currently serving as co-counsel with a Turkish firm to advise Turkish investors in preparing an ICSID claim ($50 million+) against the Republic of Uzbekistan for expropriation of investments under a bilateral investment treaty.
Representation of Cypriot Bank in ICSID Arbitration
Represented a Cypriot bank in ICSID (bilateral investment treaty) arbitration against Greece under its 2011 sovereign debt restructuring (value $3 billion). Partially successful for the claimant on the merits in proceedings that concluded in 2018.
Advised Italian Investors in Breach of Investment Treaty Claim Against East African State
Advised Italian investors in preparing a claim for breach of an investment treaty against an East African state (UNCITRAL rules) regarding a terminated biofuels project of value $60-100 million.
Representation of Turkish Owner in $11 Million Mismanagement Claim
Represented a Turkish hotel owner in $11 million mismanagement claim against a five-star hotel chain (ICC, London).
Turkish ICC Construction Claim
Serving as co-counsel with a Turkish firm to advise Turkish subcontractors in the preparation of their ICC claim ($20 million) against a U.S. company for wrongful termination and calling on a performance bond in a construction dispute in Guinea.
Representation of National Oil Company in $10 Million Breach of Guarantee Claim
Represented the national oil company of an Eastern European state in its defence of a $10 million claim for breach of a guarantee connected to a loan facility given to its subsidiary, in LCIA arbitration proceedings. The claim was brought by a major European lending institution.
Successful Representations in Defending Construction Claims Under ICC, ADCACC and DIAC Rules
Represented various state-owned entities in defending construction claims under International Criminal Court (ICC), Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCACC) and Dubai International Arbitration Centre (DIAC) rules when part of a small team working in Abu Dhabi and Dubai. Successful in all cases.
$2 Billion U.S. Arbitration Conducted Under ICC Rules
Served as counsel in a U.S. arbitration case conducted under International Chamber of Commerce (ICC) Rules and where Venezuelan law was applicable. The seat of arbitration was New York (U.S.). The dispute arose out of a construction contract against a state-owned company concerning an oil terminal in Venezuela. The amount in dispute was $2 billion.
$200 Million Arbitration Proceedings for Breach of Contract
Acted for an African natural resources company in $200 million LCIA arbitration proceedings concerning a breach of contract.
$250 Million ICC Arbitration
Served as London-based lead counsel in an International Chamber of Commerce (ICC) arbitration dispute involving a U.K. Grain Silage provider and the Iranian government. The amount in dispute was in excess of $250 million. The seat of arbitration was Paris under Iranian law.
$5 Billion ICC Arbitration
Served as counsel in a International Chamber of Commerce (ICC) arbitration conducted in French/ Paris seat, against an African nation for a South African mining company. The amount in dispute was $5 billion.
Acted for U.S.-based International Engineering and Construction Management Company in LCIA Arbitration
Served as counsel in a London-based London Court of International Arbitration (LCIA) arbitration arising out of a government construction contract. Acted for an U.S.-based international engineering and construction management company against a state-owned company concerning an oil facility in Eastern Europe and Russia. The amount in dispute was $250 million.
Acted in London-Based UNCITRAL Arbitration for Italian Shipping Company
Acted in a London-based United Nations Commission On International Trade Law (UNCITRAL) arbitration for an Italian shipping company against a major European reconstruction bank dealing with the recovery of a loan. Seat of arbitration was Germany.
ECHR Proceedings for Eastern European Multinational Client
Represented an Eastern European multinational against a West European Telecom multinational in proceedings at the European Court of Human Rights (ECHR) in Strasbourg. German law was applicable.
ICC Arbitration for Multinational Client Concerning License Agreement
Acted as counsel for an Eastern European multinational in International Chamber of Commerce (ICC) arbitration held in Vienna under the UNCITRAL rules and Swiss law concerning a license agreement in Eastern Europe.
ICC Arbitration for U.K. Real Estate Company Under Saudi Arabian Law
Served as counsel in a Paris-based International Chamber of Commerce (ICC) arbitration acting against two Saudi entities for a U.K. real estate company under the laws of Saudi Arabia.
Mediation, ICC Arbitration Arising Out of Design and Construction of Luxury Hotels, Civil Engineering Projects
Served as counsel in London-based International Chamber of Commerce (ICC) arbitrations arising out of the design and construction of luxury hotels and civil engineering projects against the governments of Montenegro and Azerbaijan, and ultimately settled through mediation.
UNCITRAL Arbitration in Romania
Served as counsel in a United Nations Commission On International Trade Law (UNCITRAL) arbitration in Romania concerning an international licencing agreement, acting for a U.S. government agency.
UNCITRAL Arbitration Regarding Chemical Weapon Attacks
Served as counsel in a United Nations Commission On International Trade Law (UNCITRAL) arbitration based in London regarding chemical weapon attacks in Kurdistan. The amount in dispute was $22 billion.
Arbitration Proceedings for a High-Profile Sportsman in Divorce Proceedings
Conducted arbitration proceedings for a high-profile sportsman who wished to avoid the glare of publicity.
Defense Counsel in Business Divorce Arbitration
Represented company and its officers and directors against former officer’s and shareholder’s breach of fiduciary duty claims in arbitration.
Dismissal from a Putative Class Action Lawsuit
Secured dismissal from a putative class action in the Eastern District of New York for the client, an au pair organization. The plaintiff asserted minimum wage and overtime violations of the Fair Labor Standards Act, the New York Labor Law, and the wage and hour laws of all other states; and sought to represent a nationwide FLSA collective action and a nationwide state wage-and-hour law class action. After moving to compel arbitration or dismiss, the plaintiff dismissed the client from the lawsuit.
Defense Verdict After Week-Long Arbitration for Brokerage Firm
Successfully defended a brokerage firm against claims brought by an investor alleging unsuitable trading, misrepresentation, breach of fiduciary duty, and violation of the Kansas Securities Act. The plaintiff sought damages of $700,000. Secured a complete defense verdict after week-long arbitration.
Ray has served as a mediator in a number of complex multi-party cases. Representative cases include a dispute over damages and remediation of a contaminated landfill; a dispute over claims by personal seat license holders against an national sports league team that left the city; a class action dispute concerning wage calculations; a class action dispute concerning promotional policies and testing; a whistleblower claim against a governmental agency; and a complex multi-partner dispute.
Multiple Defense Verdicts, Favorable Settlements for Global Software Company
Litigated multiple AAA consumer arbitrations on behalf of global software company resulting in multiple defense verdicts or favorable settlement terms.
Won Settlement in Breach of Contract Arbitration for Former Senior Executive
Won a confidential settlement in a breach of contract arbitration claim filed by a former senior executive against his former employer, a major national retailer.