Nicholas Adams’ practice focuses on international arbitration (encompassing ad hoc arbitrations and proceedings subject to various institutional rules) and on regulatory investigations. He has advised on various prominent matters in the financial sector, the oil and gas industry and the telecoms space, as well as on proceedings arising out of shareholder agreements and specialised commercial contracts.
Mr. Adams’ representative matters include acting for:
- a European affiliate of a U.S. energy corporation as claimant in a London-seated ad hoc arbitration in relation to various disputes arising pursuant to a turn-key contract for the construction of a 1,200 MW gas-fired combined cycle power station in Spain;
- a Cyprus-registered shareholder company as respondent in an arbitration in the London Court of International Arbitration (LCIA) in relation to a US$1.8 billion dispute concerning the control of Ukrainian assets;
- a member of the Crédit Agricole banking group as claimant in a US$1.675 billion structured finance dispute relating to a series of complex collateralised debt obligations, credit default swaps and put options. The dispute involved proceedings in London, Jersey and New York, and was ranked by The Lawyer as one of the top cases of 2011;
- a shareholder of a major telecommunications company with operations in Russia and elsewhere as claimant in an M&A and shareholder arbitration, governed by UNCITRAL arbitration rules, with a state-owned Norwegian telecommunications company;
- a member of the Renaissance Capital banking group as respondent in defending allegations of financial fraud and contractual breach in excess of US$500 million that involved court and arbitration proceedings in three jurisdictions;
- a leading pharmaceutical company as claimant insured in a series of Bermuda Form arbitrations to recover multiple substantial excess of loss tranches from insurers;
- one of the largest financial institutions in Europe in connection with the defence of multiple global regulatory investigations into several benchmark rate-setting mechanisms, encompassing a secondment of seven months to the financial institution itself in order to manage various aspects of that defence;
- the trustees of Bermuda trusts with assets of approximately US$15 billion as respondent in the defence of multiple proceedings attacking those trusts, including the largest claim by value ever to come before the Bermuda Supreme Court;
- one of the world’s largest financial institutions in respect of the propriety of trading activities within its foreign exchange business, both in London and other jurisdictions globally, in a defence spanning from the inception of the matter through to conclusion;
- a shareholder of a major telecommunications company with operations in the Middle East and Eastern Europe as respondent in a series of London-seated LCIA shareholder arbitrations brought by multiple state-owned and private entities;
- a leading European real estate developer in the successful obtaining of injunctive relief;
- a major European financial institution in connection with the defence of regulatory investigations into sanctions compliance and the implementation of settlements; and
- a major European oil and gas services supplier with regard to regulatory compliance in emerging markets and the conduct of arbitrations governed by LCIA and American Arbitration Association rules.