Robert Price is a partner in the Litigation & Trial Department in the London office of Latham & Watkins. He is a solicitor advocate and a member of the firm’s International Arbitration and White Collar Defense & Investigations Practices. He focuses his practice on commercial arbitration, investment treaty arbitration, and complex litigation in the courts of England and Wales and overseas. Mr. Price also advises on various aspects of international trade law, including EU and UK export control law and UN, EU, and UK international trade sanctions.
Mr. Price has represented companies and sovereigns in disputes across a range of industry sectors, including:
- Energy and natural resources
- Financial services
- Private equity
- Shipping and insurance
He has particular expertise in complex, cross-border disputes arising out of the oil and gas, power, and construction industries. He has also conducted commercial and investor-state arbitrations under all of the principal arbitration rules including the LCIA, ICC, SCC, SIAC, UNCITRAL, ICSID, ICSID Additional Facility, and ad hoc arbitration and also has experience with complex commercial litigation around the world, and arbitration related litigation before the English courts.
Mr. Price has a busy practice advising clients on various aspects of international trade law (including free trade agreements); EU and UK export control law; and UN, EU, and UK international trade sanctions (including the current regimes in force against Russia / Ukraine, Iran, Syria, and North Korea, as well as the EU asset freeze sanctions). He advises a wide range of clients, including financial institutions, on all aspects of international trade sanctions, and negotiates sanctions provisions in financing and other agreements. He also conducts investigations and advises clients on voluntary disclosures to national authorities. On issues of sanctions and export control, Mr. Price works in close coordination with Latham’s US sanctions team based in Washington D.C. Mr. Price also advises clients wishing to de-list from sanctions lists, including before the Court of Justice of the European Union.
Mr. Price regularly speaks at conferences and writes on various topical issues of international arbitration and trade sanctions. He is a contributor to the International Bar Association Task Force for review of the UNIDROIT Principles of International Commercial Contracts.
Mr. Price's recent arbitration experience includes:
- Counsel to the Republic of Macedonia in an ICSID arbitration brought under a bilateral investment treaty in relation to an investment in an agricultural company (Swisslion v. Republic of Macedonia).
- Counsel to the Republic of Macedonia in an ICSID arbitration brought under a bilateral investment treaty in relation to an alleged investment in the finance sector (Guardian Fiduciary Trust, Ltd, f/k/a Capital Conservator Savings & Loan, Ltd v. Republic of Macedonia).
- Counsel for the Claimant in an ICSID arbitration under a bilateral investment treaty in respect of State interference with an investment in Egypt (Indorama International Finance Limited v. Egypt).
- The Government of Ukraine in an UNCITRAL arbitration brought under a bilateral investment treaty in relation to an investment in the ship-building industry.
- Counsel to the Claimant (a multinational European electric utility company) in an ICC arbitration relating to the construction of a heat and electricity generating plant in Russia.
- Advising a major Middle Eastern electric utility company regarding potential disputes in relation to the construction of a series of power plants in the Middle East.
- Counsel for the Respondents (US corporations) in an ICC arbitration relating to a joint venture agreement for the provision of health care services.
- Representing a major provider of telecommunicatıons services in Russia in English court proceedings arising out of an ICC arbitration award against it (Nomihold Securities Inc v Mobile Telesystems Finance SA).
- Counsel to a major provider of global financial services on a series of ongoing matters arising out of the Madoff fraud. The matters involve a series of litigations commenced against our client in the BVI, the Cayman Islands, Ireland and the United States. To date our client has settled on advantageous terms a number of the claims advanced agaınst it, and has won a series of important court victories in the afore-mentioned jurisdictions, which are currently being appealed.
Mr. Price also has a busy practice advising companies on the application of the UN, EU and UK sanctions regimes, including those imposed on Libya, Iran and Syria, and on issues related to EU and UK export control laws.