Youssef & Partners secured the dismissal of claims estimated at $275 million in ICC arbitration proceedings seated in Geneva, in addition to a partial award on costs.
Youssef & Partners Secures Major Victory in ICC Arbitration for HNWI Client
Youssef & Partners (Youssef + Partners) proudly announces that its international arbitration team has achieved a significant victory for a high-net-worth individual (HNWI) client and his family in a major International Chamber of Commerce (ICC) claim (ICC Dispute Resolution). The claims were estimated at USD 250,000,000.
The award was rendered in June 2022, with the Tribunal ruling under Egyptian and Swiss law that it lacked jurisdiction to entertain the claims, granting an award on costs.
The claims covered in the ICC proceedings involved a range of complex issues, such as non-signatory matters and a detailed factual matrix concerning the sale of shares.
Explore our expertise in Egyptian law.
Stay Updated
