Investment Treaty Arbitration Cases

• In Ansung Housing Co., Ltd. v. People’s Republic of China, ICSID Case No. ARB/14/25, assisting MOFCOM to represent the People’s Republic of China in defending a claim brought by a Korean investor with a complete success. This is the second international investment arbitration brought against China and the first in which a tribunal was constituted and a final award delivered.
  
  

• In Ekran Berhad v. People’s Republic of China, ICSID Case No. ARB/11/15, advising MOFCOM and assisting the People’s Republic of China in actively responding to and participating in the relevant proceedings. It was the first ICSID case ever brought by a foreign investor against China.
  
  

• In Tsa Yap Shum v. Republic of Peru, ICSID Case No. ARB/07/6, assisting the government of Peru in defending the claim initiated by a Chinese investor. This was the first case that considered whether an investor from Hong Kong S.A.R is protected by a Chinese BIT and discussed the scope of the amount of compensation to be referred to arbitration.
  
  International Commercial Arbitration Cases
  

• Represented a Global 500 Chinese company in an LCIA proceeding brought by its Russian partner over the funding and management of an oil and gas exploration contract in Kazakhstan and successfully defended the USD 500 million claim. At the initial stage of the case, we obtained an anti-suit injunction from a London court which successfully put an end to the litigation proceedings commenced at a court in Kazakhstan.
  
  

• Represented two Chinese individual shareholders to successfully defend an HKIAC arbitration claim brought by a Brazil company in relation to a dispute over a share transfer agreement and prevailed on counterclaims. The case involved a complicated post-closing price adjustment mechanism.
  
  

• Represented multiple well-known overseas private equity investors in an HKIAC arbitration case with claims totaling over USD 700 million against the founder and the group companies and obtained a consent award

  to the satisfaction of the clients.
  

  
  

• Represented a well-known private equity investor in an HKIAC arbitration case against the founder and the group companies and obtained a favorable award supporting the revocation of the share purchase agreement and the refund of the full purchase price. We also assisted the client in obtaining a Mareva Injunction before a Hong Kong court and an injunctive relief before a US court, which ensured the effective enforcement of the award.
  
  

• Represented two Chinese well-known angel investors in bringing an HKIAC arbitration case against a Swiss company and its founders under a share purchase agreement and obtained a favorable award supporting termination of the agreement and the refund of the clients’ paid-in purchase price.
  
  

• Represented the Hong Kong subsidiary of a listed Chinese company in bringing a London Metal Exchange (LME) arbitration claim against a Switzerland-based international commodity trading company over disputes arising from the sale and delivery of precious metals. The arbitration also involved parallel interim relief proceedings before a South African court.
  
  

• Advised a Chinese state-owned oil company in relation to a dispute with Nigerian National Petroleum Corporation regarding a production sharing contract and the government’s taxation measures. The case involved an ICC arbitration and administrative court proceedings in the Nigerian courts.
  
  

• Advised a Chinese state-owned petroleum company in a price adjustment dispute with multiple international gas companies under gas supply agreements.
  
  

• Represented a number of large Chinese banks in the resolution of disputes arising from letters of guarantee for advance payment issued in relation to ship-building contracts. The disputes involved ad hoc arbitrations in London as well as London court proceedings.
  
  

• Represented Danone side in the CIETAC arbitration in a series of Danone-Wahaha disputes, which has attracted wide media coverage.
  
  

• Represented an international investment bank to bring an arbitration claim before CIETAC in relation to an interest swap transaction. This was the first case to examine the enforceability of derivatives transactions in arbitration in China.