Stephan Adell is a partner in the International Dispute Resolution Practice. He has acted in more than 85 arbitrations under the major arbitration rules, such as ICC, ICSID, UNCITRAL, LCIA and ICDR. He also acts as an arbitrator and is a member of the ICC International Court of Arbitration.

    Stephan is qualified in both Paris and the Dominican Republic, and divides his time between investment and large-scale construction arbitrations.

    Stephan currently represents the Republic of Costa Rica in a US$100 million ICSID arbitration (ICSID Case No. ARB/19/13) filed by a Spanish investor relating to the investments in the poultry business. He also represents the Republic of Ecuador in an ad hoc investment arbitration, and is part of the team defending the Republic of Croatia in a billion-dollar ICSID arbitration (Case No. ARB13/32), related to investments in an oil and gas company by a Hungarian company.

    Recently, he was part of the team that successfully represented the Republic of Kosovo in a US$400 million ICSID arbitration (Case No. ARB/15/22), filed by a German investor that was dismissed on jurisdictional grounds and ordered the claimant to reimburse Kosovo’s legal costs.

    On his construction experience, Stephan was recognised by one peer stating, “I particularly recommend him for construction disputes, where he is excellent in cross-examination.” He currently advises a state-owned client in claims and disputes arising from an EPC contract for the construction of a US$4 billion complex refinery in Northern Africa.

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    • Represents the Republic of Costa Rica in an ICSID investment arbitration relating to the poultry business, with claims valued at US$100 million, ICSID Case No. ARB/19/13.
    • Represents the Republic of Ecuador in an ad hoc investment arbitration relating to the oil and gas sector, with claims valued at US$90 million.
    • Represents a state-owned company in claims and disputes arising from an EPC contract for the construction of a US$4 billion refinery in Northern Africa.
    • Represents a top-tier European construction company in an LCIA commercial arbitration relating to the construction of a tram system in the Middle East, valued at several hundred million US dollars.
    • Represents a top-tier European company in an ICC commercial arbitration seated in the UAE relating to a large-scale infrastructure project in the Middle East.
    • Represents a state-owned company in an ICC arbitration arising from an EPC contract for the construction of an airport, claims valued at several billion US dollars.
    • Represents a European state in an ICC arbitration relating to the sale of petrol stations, claims valued at approximately US$80 million.
    • Represents a European state in a commercial PCA arbitration under the UNCITRAL Arbitration Rules arising from a shareholder dispute relating to a cement plant, claims unquantified.
    • Represents a Latin American state in an investment PCA arbitration under the UNCITRAL Arbitration Rules arising from services in the oil and gas industry, claims valued at approximately US$80 million.
    • Represents the Republic of Libya in two ad hoc arbitrations relating to real estate developments, claims currently quantified at US$1.5 billion.
    • Represents the Republic of Libya in an ICC arbitration relating to construction projects, with claims currently quantified at US$100 million.
    • Represents a design company in a DIAC arbitration relating to the construction of a large-scale medical facility in the Middle East, claims valued at approximately US$470 million.
    • Represents a French bottled water distributor in a shareholder dispute relating to a project in the Middle East, claims currently unquantified.
    • Represents the Republic of Croatia in an ICSID investment arbitration relating to the oil and gas industry valued at US$1 billion, ICSID Case No. ARB/13/32.
    • Represented the Republic of Kosovo in an ICSID investment arbitration relating to the telecommunications industry valued at €380 million, ICSID Case No. ARB/15/22.
    • Represented the Republic of Ecuador in the ICSID annulment proceeding in Occidental Petroleum Corporation and Occidental Exploration and Production Company v. The Republic of Ecuador, ICSID Case No. ARB/06/11.
    • Represented the Republic of Turkey in an ICSID investment arbitration relating to the telecommunications industry valued at US$19 billion, Case No. ARB/07/20.
    • Represented Joseph Lemire in an ICSID investment arbitration against the Republic of Ukraine relating to the radio industry valued at approximately US$60 million and the subsequent annulment proceeding, Case No. ARB/06/18.
    • Represented the Republic of Croatia in a UNCITRAL commercial arbitration arising from a shareholder dispute in the oil and gas industry, PCA Case No. 2014-15.
    • Represented Ruby Roz Agricol in a UNCITRAL investment arbitration against the Republic of Kazakhstan relating to the poultry farm industry.
    • Represented Caratube International Oil Company LLP in an ICSID annulment proceeding in Caratube International Oil Company LLP v. The Republic of Kazakhstan, ICSID Case No. ARB/08/12.
    • Represented the European Southern Observatory in an ad hoc commercial arbitration seated in Santiago, Chile, relating to deficiencies and costs overruns in the construction of a road.
    • Represented a Middle East company in an ICC commercial arbitration against an Italian company relating to the design, construction and capacity of an MDF plant.
    • Represented a publicly owned Latin America company in three ICC commercial arbitrations relating to the procurement of equipment in the oil and gas industry.
    • Represented a Spanish company in a UNCITRAL commercial arbitration against a Caribbean company relating to a long-term natural gas supply contract.
    • Represented two Spanish companies in a UNCITRAL commercial arbitration against an African publicly owned company relating to a natural gas liquefaction plant.
    • Represented a Ukrainian company in an ICC commercial arbitration against a Russian company relating to a shareholder dispute of a company operating in the mining industry.
    • Represented a publicly owned Caribbean company in an ICC commercial arbitration against an American company in relation to an electricity production contract.
    • Represented a Belgian company in an ICC commercial arbitration against a Swiss company relating to a malt supply contract.
    • Represented an Africa state in an ICC commercial arbitration against a Panamanian company relating to a contract for the creation of special economic zones.
    • Represented a Finish company in a UNCITRAL commercial arbitration against a European state relating to the delivery of military equipment.
    • Represented a French company in an ICC commercial arbitration against an Africa state relating to the delivery of military equipment.
    • President and/or co-arbitrator in several commercial arbitrations.

    Education

    • Université de Versailles, Masters in Arbitration and International Commerce, 2007
    • Institut du Droit Comparé, Diploma in Comparative Law, 2007
    • Pontificia Univer. Catolica Madre y Maestra, Law Degree, 2005

    Admissions

    • Paris, 2010
    • Dominican Republic, 2008

    Memberships and Affiliations

    • Member of the ICC International Court of Arbitration, 2015-present
    • Member of the ICC Commission on Arbitration and ADR
    • Board of Reporters of the Institute for Transnational Arbitration, reporting for the Dominican Republic
    • Club Español del Arbitraje, Member of the French Executive Committee
    • Comité Français de l’Arbitrage
    • Asociación Latinoamericana de Arbitraje (ALARB), Member of the Commercial Arbitration Committee

    Languages

    • English
    • Spanish
    • French
    • Recognised in Who’s Who Legal: Arbitration 2021 as a Future Leader-Partner – France
    • Recognised in Who’s Who Legal: Arbitration – Future Leaders 2017-2021, Expert Guides: Rising Star – Commercial Arbitration 2018, Best Lawyers 2021

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    Publications

    • Author, “Cross currents? How national ethics rules affect international arbitration”, 40 under 40: Upcoming Issues on International Arbitration.
    • Co-author, “Cooling-off periods in investment arbitration”, in “Oxy Case: The Defense of a Sovereign and Legal Decision of the Ecuadorian State,” Procuraduría General de la Republica de Ecuador, 2014.
    • Co-author, “Los Nuevos Principios de Lealtad, Celeridad y Confidencialidad del Código de Procedimiento Civil Francés,” Spain Arbitration Review No. 11/2011, 2011.
    • Author, “France – Enforcement of Money Judgments,” Enforcement of Money Judgments, Juris Publishing, 2010.
    • Co-author, Commentary on the French case SNF vs. Cytec, Spain Arbitration Review, No. 6/2009, 2009.
    • Author, “La Nouvelle loi Dominicaine sur L’arbitrage Commercial du 19 Décembre 2008,” Revue de l’Arbitrage, October 2009.
    • Author, “L’exequatur d’une Sentence Arbitrale Attaquée au lieu du Siège de L’arbitrage, Dont le Droit est Soumis au Traité OHADA,” Petites Affiches, October 2008.

    Speaking Engagements

    • Speaker, “ICC Report on Construction Arbitration Industries”, ICC-FIDIC, Sao Paulo, Brazil, 10-11 February 2020.
    • Speaker, “Arbitration and State Entities: The tension between private and public”, ICC-YAF, Medellín, Colombia, 4 September 2019.
    • Speaker, “ICC Arbitration: particularities and novelties”, 9nas Jornadas Internacionales de Arbitraje, La Paz, Bolivia, 6 June 2019.
    • Speaker, “Temas de actualidad en el arbitraje comercial de America Latina”, ICC-YAF, La Paz, Bolivia, 5 June 2019.
    • Speaker, “Shutting down businesses: when a party to an arbitral proceeding goes impecunious, bankrupt or insolvent”, 16th ICC Miami Conference, 11-13 November 2018.
    • Speaker, “Quiborax Annulment Decision”, CAINCO, Santa Cruz, Bolivia, 28 August 2018.
    • Speaker, “Scrutiny of ICC Awards”, 3rd ICC Bolivia Arbitration Day, Santa Cruz, Bolivia, 27 August 2018.
    • Speaker, IBA Young Lawyers’ Training, Santo Domingo, Dominican Republic, 26 June 2018.
    • Speaker, “Construction Arbitration”, 8th International Arbitration Seminar, Santa Cruz, Bolivia, 7-8 June 2018.
    • Speaker, “Arbitral Procedure”, 4th ICC International Arbitraje Forum, Santo Domingo, Dominican Republic, 21-22 May 2018.
    • Speaker, “Constitution of arbitral tribunals in Latin America”, XI Conference on International Arbitration, 22-23 March 2018.
    • Lecturer, Workshop for Bolivian judges on the relationship between arbitration and the judicial system, Cochabamba and Santa Cruz, Bolivia, 11-14 September 2017.
    • Speaker, “Cross-examination in international arbitration”, YIAG Conference, Bogota, Colombia, 9 August 2017.
    • Speaker, “Litigation at the seat of arbitration: The role of counsel”, 3rd ICC International Arbitration Forum, Santo Domingo, Dominican Republic, 25 May 2017.
    • Speaker, ICC Arbitration Workshop, Ecuador’s State Attorney’s Office, Quito, Ecuador, 23 May 2017.
    • Lecturer, “Investment Arbitration”, OMG Institute of Law, Santo Domingo, 4 May 2017.
    • Lecturer, Madrid International Arbitration Summer Course, Carlos III University, jointly organized by ICC, Madrid, Spain, 19 July 2016.
    • Speaker, “Back to the Future: Tecnología y Arbitraje,” ICC YAF Conference, San Jose, Costa Rica, 14 February 2016.
    • Speaker, “Problems and Practical Cases in Relation to Arbitration Clauses,” III Judicial Dimension of Arbitration Conference, Santo Domingo, Dominican Republic, 29 October 2015.
    • Lecturer, Diploma on International Arbitration, organized by the Universidad Privada Boliviana and Bolivia’s General Attorney’s Office, La Paz, Bolivia, 23-24 October 2015.
    • Speaker, “Differences Between Lost Profits and Loss of Chance,” 1st International Forum of ICC Arbitration, Santo Domingo, 23 April 2015.
    • Speaker, “Arbitration and Company Law,” ICC YAF Conference, Managua, Nicaragua, 26 November 2014.
    • Speaker, “The Assessment of Damages in Investment Arbitration,” ICC Conferencia de Arbitraje Internacional, Santa Cruz, Bolivia, 12 August 2014.
    • Speaker, “Contractualization of National Rights,” CLA/ICC VI Conferencia Latinoamericana de Arbitraje, Punta Cana, Dominican Republic, 29-30 May 2014.
    • Seminar, “Organization of Arbitral Proceedings,” OMG Institute, Santo Domingo, Dominican Republic, 12-13 February and 4-5 April 2014.
    • Speaker, “Precedents: Benefits, Dangers and Myths,” ICC YAF Conference, Miami, Florida, 2 November 2013.
    • Speaker, “Advocacy in International Arbitration,” Encontros Internacionais de Arbitragem de Coimbra, Coimbra, Portugal, 24 October 2013.
    • Speaker, on Investment Arbitration, seminar, OMG Institute, Santo Domingo, Dominican Republic, 16 July 2013.
    • Speaker, “The Next Wave of Investor-State Claims: Arbitration Under Concession Agreements, Special Regulatory Regimes and Different Institutional Rules,” International Business Transactions Conference of the Florida Bar, Miami, Florida, 1 March 2013.
    • Speaker, on Damages in Investment Arbitration, ICC Young Arbitrators Forum Conference on the Omnipresence of Damages in International Arbitration, Paris, France, 12 July 2012.
    • Speaker, on Investment Arbitration, Generations in Arbitration Conference, Hong Kong, China, 19 March 2012.
    • Courses, on Commercial Arbitration for Trainee Judges, Escuela Nacional de la Judicatura, Santo Domingo, Dominican Republic, 6 and 13 October 2010.
    • Speaker, “Arbitration in Energy Sector,” Jornada de Arbitraje Nacional e Internacional en el Sector Energético, Madrid, Spain, 24 May 2010.
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