Among US firms, Hughes Hubbard & Reed stands out for its early embrace of international arbitration – its practice was started by Paris partner Axel H Baum nearly 40 years ago. Under Baum’s tutelage, lawyers in Europe and the US have had the time and space to develop serious credentials in the field, and they are now recognised figures in their own right, asked to sit as arbitrators as often as they work as counsel.
- People in Who’s Who:
- Pending cases as counsel:
- Value of pending counsel work:
- US$1 billion
- Treaty cases:
- Current arbitrator appointments:
- 24 (of which 10 is as sole or chair)
- No. of lawyers sitting as arbitrator:
The firm’s arbitration practice is now co-chaired by José Rosell (in Paris) and John M Townsend (in Washington, DC), who boast a wide array of international appointments as arbitrators, as do other seasoned partners in the group. President George W Bush chose Townsend to be a US member of the ICSID panel of arbitrators in 2008.
Among its well-known clients is the Turkish national oil and gas company TPAO, which they represented in ICC arbitration with an engineering company arising out of the construction of a natural gas pipeline.
In 2010, Alfred Hoogveld joined as a lateral hire for its Paris office from Loyens & Loeff. Townsend completed a three-year term as chairman of the American Arbitration Association, but Hughes Hubbard & Reed maintained its presence on the board as John Fellas joined as a director. Last year also saw Fellas publish the long-awaited International Commercial Arbitration in New York, co-edited by James Carter of Sullivan & Cromwell. Associate James Boykin in DC also completed his three-year term as board member of the AAA’s under-40 group, ICDR Young & International.
A team led by Townsend, Boykin and Marc-Olivier Langlois secured a compensation award for a UK investor in Yukos in SCC arbitration in what was thought to be the first time the state has been held liable for expropriation of the defunct Russian oil group’s assets. They acted alongside Swedish firm Mannheimer Swartling and V V Veeder QC of Essex Court Chambers. Cleary Gottlieb Steen & Hamilton represented Russia.
Who's Who nominees:
- Jose Rosell, Steven Hammond, John Fellas, John M Townsend & Axel H Baum