Law360 has named Squire Patton Boggs partner and Co-Head of Investment Arbitration, Stephen Anway, as one its three “MVPs” for International Arbitration. As part of its 2017 MVP series, Law360 has selected up to five lawyers from each of 32 different practice areas who had the biggest wins and made the most significant contributions to their practice groups in the past year.
Mr. Anway was recognized for, among other things, achieving a 100% victory for the Slovak Republic in one of the year’s largest and most significant investment treaty arbitrations, EuroGas Inc. et al. v. The Slovak Republic, reportedly worth US$1.65 billion.
The case was brought by alleged investors in the US and Canada against the Slovak Republic under the US-Slovak Bilateral Investment Treaty and the US-Canada Bilateral Investment Treaty. Their claim was that the Slovak Republic wrongfully terminated their rights to the largest talc mine in the world. Following a five-day hearing on jurisdiction and the merits in Paris in September 2016, the tribunal concluded that it had no jurisdiction over the claimants' claims, dismissing all the claimants' claims and issuing an award in favor of the Slovak Republic.
The case is now the leading authority on when a dispute arises within the meaning of an investment treaty, which has significant implications on whether investment treaty tribunals have jurisdiction to hear the claim. It is also the first case in which an investment treaty tribunal ordered the disclosure of the identity of the third-party funder and was the most transparent ICSID case in history, with a full video of the five-day hearing available on the ICSID website.
The Slovak Republic appointed Mr. Anway as its representative to the prestigious ICSID Panel of Conciliators within the last year, as a recognition for his wins for the country in investment treaty arbitrations.
This recognition is the latest in a series of industry accolades for Mr. Anway. In August 2017, Who’s Who Legal named Mr. Anway to its list of “Arbitration Future Leaders 2018.” He received the same recognition the preceding year. He was named among Law360’s 2016 Rising Stars, an annual list recognizing lawyers “under 40 whose legal accomplishments belie their age.” Mr. Anway has also received the Arbitration Award at the American Lawyer’s inaugural Transatlantic Legal Awards, was named one of the top 50 Alternative Dispute Resolution trailblazers by the National Law Journal, and was selected as the exclusive recipient of both the 2014 and 2015 Client Choice Award from the International Law Office (ILO) for the Arbitration category. He was also named in Crain’s Cleveland Business’ Forty under 40 list.
Squire Patton Boggs has been repeatedly recognized as one of the leading international arbitration firms in the world by leading industry journal Global Arbitration Review. With a team of more than 100 lawyers with arbitration experience, the firm is a leader in energy industry and bilateral investment treaty arbitrations and has participated in many high-profile cases.