News 24 Jun. 2021
Curtis successfully defends foreign states' procedural privileges in the UK Supreme Court
News 23 Jun. 2021
Ibrahim Elsadig joins Curtis as Partner in Dubai
Client Alert 24 Feb. 2022
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News 09 Aug. 2021
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News 06 May. 2022
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Publications 05 May. 2022
Marie-Claire Argac, Simon Batifort, and Cyprien Mathié share highlights from “Affaires d’Etats: Practical Considerations When Defending States in International Arbitration” on Kluwer Arbitration Blog
Event 26 Apr. 2022
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News 21 Apr. 2022
SCOTUS Upholds U.S. Colonialism under the U.S. Constitution
Client Alert 23 Mar. 2022
The Dubai International Arbitration Centre (DIAC) has launched the DIAC Arbitration Rules 2022
Event 22 Nov. 2021
Partner Antonia Birt spoke at ADGMAC and AIAC Webinar Series: Webinar 5 - Disputes in Fintech and Complex Technology in MESEA
News 19 May. 2022
Eliot Lauer’s and Juan Perla’s Tenth Circuit Arguments Featured on Audio Arguendo Podcast
News 16 May. 2022
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Client Alert 21 Apr. 2022
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Client Alert 19 Apr. 2022
U.S. President Biden Expands Export Controls Imposed on Russia and Belarus
Client Alert 24 Jun. 2021
Update on Virtual Notarization (Executive Order 202.7) During the COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
Update on Virtual Witnessing (New York Executive Order 202.14) During The COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
News 01 Feb. 2019
On January 29, 2019 the ICC tribunal in the arbitration filed by Messrs. Ayoub-Farid Michel Saab and Fadi Michel Saab against the Republic of Cyprus, by majority, dismissed the entire case on its merits.
The US$1.4 billion dispute related to the failure of FBME Bank Ltd., and its Cypriot branch office, following its designation by the United States’ Financial Crimes Enforcement Network (FinCEN) as a financial institution of “primary money-laundering concern”.
Claimants, the ultimate beneficial owners of FBME, had alleged that Cyprus’ response to that designation by FinCEN, in, amongst other acts, placing FBME’s Cypriot branch into resolution was a violation of the Cyprus-Lebanon BIT. The total alleged damages amounted to US$1.4 billion.
The Curtis team of lawyers representing Cyprus was led by partners Mark O’Donoghue, Peter Wolrich and Justin Jacinto, with associates William Hampson (London), Sena Tsikata (London) and trainee solicitor Odysseas Stergianopoulos (London).
Curtis has represented Cyprus in four arbitrations since 2014. This is Curtis’ second arbitration victory on behalf of Cyprus, with the remaining two cases still pending.
Justin M. Jacinto
Mark H. O'Donoghue
Peter M. Wolrich