• Search

GAR 100 - 12th Edition

Obeid Law Firm

05 April 2019

The Lebanese firm was instructed as legal expert in a major oil and gas case

People in Who's Who Legal 2
Pending cases as counsel 5
Value of pending counsel work US$1.42 billion
Treaty cases 0
Current arbitrator appointments 22 (13 as chair or sole)
Lawyers sitting as arbitrator 2

Nayla Comair-Obeid founded the firm in Beirut in 1987. Both firm and founder have since played a significant role in the development of arbitration in Lebanon and the Middle East – preparing the first draft of the current Lebanese arbitration law and the Arabic versions of the IBA guidelines and ICC rules, for example.

A professor at the Lebanese Judicial Institute and Lebanese University and visiting professor at the University of Paris (Panthéon-Assas), Comair-Obeid has trained lawyers and judges across the Middle East about arbitration. Indeed, she claims responsibility for “an arbitration awareness campaign” across the country and the rise in undergraduate conferences devoted to the field.

She has also played an active role in the international arbitration community, serving on the board of Cairo’s arbitration centre and as vice chair of the IBA arbitration committee, and becoming president of the Chartered Institute of Arbitrators in 2017 – the first woman from the Middle East to take on the role.

Nowadays, Nayla is not the only Obeid on the scene. Her son Ziad joined the firm in 2011 after training as a civil engineer and practising at Freshfields Bruckhaus Deringer in Paris and Dubai. He specialises in construction disputes and sits as an arbitrator.

Daughter Zeina Obeid is also now an associate at the firm, having completed her PhD at University Paris II Panthéon-Assas on the set aside of awards in Arab countries.

Who uses it?

In addition to being very active in the MENA region, the firm’s mandates extend to West Africa, Europe, the Caribbean and North America.

The firm doesn’t like to name clients but the list is thought to include a number of Middle Eastern states and government entities as well as large companies from the region, in addition to some well-known international oil companies.

Track record

In recent times, it’s represented a Qatari-Saudi engineering contractor in a U$53 million dispute with a German multinational over a power utility, which was heard under ICC rules in Geneva, and handled an ICC case against a German-Italian conglomerate over a steel bar mill in Qatar.

It’s also acted for a multinational on a dispute over a plant in Syria and advised on worldwide injunctions in support of a multibillion-dollar LCIA case.

In the courts, it’s acted for Kuwaiti Airlines in annulment proceedings.

The firm has a track record of co-counselling with international firms – including Freshfields – and acting in Lebanese court proceedings relating to international arbitration. For example, it acted for Turkey in an action relating to the US$10 billion Libananco case at ICSID (in which Freshfields was counsel for the state). Comair-Obeid also appears as an expert on Middle Eastern law in international arbitrations – for instance, on Qatari law in an ad hoc dispute between an international security consultancy firm and its local partner.

It also acted for a Saudi investor against one of the largest Saudi construction companies in a complex high-value construction dispute involving a series of landmark projects in Lebanon.

Comair-Obeid is also well known for her arbitrator work. She issued a US$23 million award in a construction dispute between a Bahraini contractor and a UAE family that was enforced in London in 2012. She is a member of the ICSID panel of arbitrators.

Recent events

The firm has been involved in a number of oil and gas disputes in the MENA region.  It says one highlight was being instructed as legal expert in a case between a consortium of oil and gas companies and a government entity where the amount in dispute exceeded US$820 million.  Freshfields Bruckhaus Deringer and Three Crowns were acting as lead counsel.

It successfully represented a regional EPC contractor in a complex ICC arbitration involving a major infrastructure project in the region, obtaining a significant win for their client.

Nayla Comair-Obeid was part of a team of arbitration practitioners appointed to a new committee of international commercial experts by China’s Supreme People’s Court to advise the new China International Commercial Court.  

As arbitrator, Nayla Comair-Obeid chaired a panel that heard a treaty claim brought by Cypriot company Olin Holdings against Libya. The panel ordered Libya to pay around one sixth of the €105 million claim. 

Ziad Obeid was appointed as one of 12 new members of the steering committee of the IBA Arbitration Committee’s under-40 group.

Insight

Reviews

Regional analysis from arbitrators around the globe, focussing on key developments in specific industry areas and jurisdictions.

Gcr handbook devices 1024 230x67

The Asia-Pacific Arbitration Review 2020

Highlights

DCF: Gold Standard or Fool’s Gold?

Montek Mayal and Alexander Davie

FTI Consulting

Distinction and Connection: Hong Kong and Mainland China, a View from the HKIAC

Sarah Grimmer

Hong Kong International Arbitration Centre