Sullivan & Cromwell's international arbitration practice is recognized as one of the leading international dispute resolution practices worldwide. S&C's international arbitration practice has been cited by Chambers Global in its annual listing of The World's Leading Lawyers for seven consecutive years and in the Chambers USA listing since the inception of that publication in 2003. The PLC Which Lawyer? Yearbook and Global Counsel Dispute Resolution Handbook have likewise recommended S&C as a leading arbitration/dispute resolution firm in every edition since 2001 and the Firm's arbitration practice is also cited in Legalease's The Legal 500: United States. In its 2006 edition, Chambers Global praised S&C as "an 'absolutely first-class practice,' [which] has the expertise 'to make a critical difference to the outcome of a case.'"
The Firm has handled international disputes for more than a century and has unparalleled expertise and experience in this area. In particular, S&C offers expertise in international commercial arbitration, which has become a part of many, if not most, major international disputes.
S&C's arbitration lawyers analyze issues and draft mediation and arbitration clauses in international joint venture and other financial and commercial agreements. They advise on business decisions and plans that pose arbitration and litigation risks. They develop strategies to resolve complex international disputes, such as those involving multiple claims, multiple parties, multiple jurisdictions and parallel or closely related arbitral and judicial proceedings, and they represent clients in arbitration, mediation and other alternative dispute resolution proceedings.
Selected Clients
S&C's recent arbitration experience extends to all regions of the world and encompasses a wide range of industries and issues. Clients for whom S&C has handled arbitration or dispute resolution matters reflect the international breadth of its client list and include, among many others: Bancolombia S.A., Centerra Gold Inc., Consorcio Transmantaro, Exxon, Goldman Sachs, Grupo IMSA, Grupo Techint, IMS Health Incorporated, Microsoft, Minera Alumbrera Limited, Occidental Petroleum Corporation, Pharmacia, Philips, SCOR, Softbank, Statoil S.A., Telefónica S.A. and TeliaSonera AB.
Recent Arbitration Highlights
Recent arbitration representations include, among others:
- S&C achieved a significant victory on behalf of Swedish client TeliaSonera, in which a Tribunal of the International Chamber of Commerce in Geneva held that TeliaSonera was entitled to specific performance - rarely awarded relief - of a US$ 3.1 billion contract to purchase control of Turkey's leading mobile phone services provider, Turkcell.
- In an example of successful coordination of international litigation and arbitration, S&C represents Bancolombia, the largest commercial bank in Colombia, in a long-running dispute arising out of the merger in 1997 with Banco de Colombia. The plaintiffs sought to pursue securities litigation in New York, citing the fact that Bancolombia's ADRs trade on the New York Stock Exchange. S&C successfully moved to compel arbitration of the claims in Colombia. After the Colombian arbitral tribunal issued its award, plaintiffs sought unsuccessfully to continue their claims in New York; the matter is now on appeal.
- Counsel in a dispute among U.S. and Canadian energy futures trading companies resulting in an award in favor of our client.
- Counsel in a dispute among U.S./European electronic information providers over allocation of shared tax liabilities.
- As part of its employment arbitration practice, headed by partners Ted Rogers and Rick Fessel, successfully defending a prominent financial firm in a series of NASD arbitrations in connection with claims by former employees concerning a stock award plan and compensation.
Practice Contacts
James H. Carter
New York
P +1-212-558-4000
F +1-212-558-3588
[email protected]
Joseph E. Neuhaus
New York
P +1-212-558-4240
F +1-212-558-3588
[email protected]