Greg Falkof

Key Experience

• Advising a European solar power producer in bringing a claim against a European State for alleged breaches of the host State’s obligations under the Energy Charter Treaty, regarding the removal of government solar industry subsidies.
• Advising a European oilfield services contractor in a DIFC-seated ICC arbitration, regarding an EPC project involving offshore and maritime works in the Middle East, with a value in dispute of US$245 million. Issues include contractual interpretation, project performance, technical details and expert analysis, delay, application of local law, and allegations of improper activities.
• Representing a Middle Eastern national oil company in an ad hoc arbitration seated in London regarding breaches of a long-term pipeline gas sales agreement, valued in excess of $15bn for claimed historic losses, including issues of foreign law, force majeure, gas price formula issues, gas price revision, contractual questions, technical pipeline and surface equipment failures, market-related questions and background political issues.
• Acting for one of the world's largest commodities traders in a London-seated LCIA dispute regarding the sale of a port and terminal facility in Romania.
• Acting for a European marine services contractor in a London-seated ICC arbitration against an Iraqi respondent, for a dispute involving finance and bank guarantee matters.
• Acting for a Canadian oil producer in an LCIA dispute seated in London, concerning the client’s non-operator minority share of an oil-producing concession and associated assets in Egypt. Issues in dispute include cost recovery under the concession agreement, operator’s ongoing performance obligations, carried interest obligations, and Area of Mutual Interest issues relating to adjacent concessions.
• Acting for a Kazakh client in an LCIA arbitration seated in London, relating to the sale of shares in a financial services business, for the value of approx. USD800m.
• Acting for a European client in a series of ICC arbitrations, Geneva seat, English law, against a West African state-owned entity regarding a natural resources contract, value in dispute in excess of USD100m.
• Acting for a UK-based client in an LCIA arbitration, London seat, relating to a dispute arising from a disputed settlement agreement between the parties and related activity concerning managed investments, properties and assets around the world.
• Acting for a UK-based cryptocurrency trader in an arbitration against a crypto platform service provider, pursuant to Seychelles law.
• Representing a Middle Eastern NOC in relation to an ad hoc arbitration seated in Switzerland, valued in excess of US$29 billion for alleged future losses, arising from a pipeline project, including advice regarding a gas price review exercise, the legal elements relating to contractual performance, and a technical assessment of pipeline, surface and sub-surface facilities.
• Acting for an African oilfield and construction services sub-contractor, in a dispute against a large joint venture contractor arising from disruption caused by Islamic insurgency activities in East Africa.
• Representing a global commodities trader in an LCIA arbitration seated in London, against the former owners of a port and marine cargo loading facility in Eastern Europe.
• Representing a large Asian buyer and importer of LNG in a multi-billion dollar gas price re-negotiation with the LNG seller, pursuant to an LNG purchase agreement governed by English law which provides for ICC arbitration seated in London.
• Advising a Swiss oil trader in a Paris-seated ICC arbitration regarding breaches of a crude oil purchase and swap agreement, involving issues of force majeure and commodity trading.
• Acting for a North American power generator in an ICC arbitration, London seat, against an African contractor regarding a dispute over the construction of power generation assets in Tanzania.
• Representing a North African government in a defending an investment treaty dispute before the Permanent Court of Arbitration in The Hague, brought by a Korean construction company claiming the loss of its $600 million construction investments which were destroyed during the Arab Spring.
• Advising an East Asian national oil company as operator in a dispute against a Central Asian State's petroleum ministry and national oil company regarding operation and performance of a PSC contract, and an associated shareholder dispute with the client's JV partner.
• Representing UK and Mauritian investors in two parallel bilateral investment treaty disputes against a South Asian State, regarding the host State’ unfair and inequitable treatment of the investors’ nationwide gas distribution business and their development of an associated LNG import terminal.
• Representing a European energy major in three separate pipeline gas price revision disputes, against a very large European national energy company.