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Dimitrios Katsikis

Counsel

Dimitrios represents companies, State-owned entities and governments in international commercial and investment treaty arbitrations, as well as in pre- and post-arbitration negotiations, strategy, and claims management.
Dimitrios represents clients in the power, oil & gas, construction and mining industries, as well as in disputes relating to mergers & acquisitions. He has worked in arbitrations under major arbitration rules such as ICC, ICSID, LCIA, LMAA, SIAC, UNCITRAL, and CRCICA as well as on arbitration-related litigation before the English, French, Swiss, Dutch Indonesian and Pakistan courts. Alongside his work as counsel, Dimitrios has experience sitting as arbitrator. Dimitrios is an ICC YAAF Representative for South Asia, as well as a member of the Advisory Board of the Young Arbitration Group of CIICA, Pakistan’s first international arbitration organization.

Experience

Representative matters

An international joint venture, Respondent in an ICC arbitration in Paris brought by a European contractor in relation to the construction of a gas processing facility in Africa. Algerian law applies.

An international joint venture, Claimant in an ICC arbitration against a Middle Eastern State-owned company arising from a contract for the design & build of a landmark infrastructure project in the Middle East.

A South Asian company in its dispute with its partner concerning the development and management of a retail real estate business in South Asia. Singapore law and the law of the South Asian State apply.

The subsidiary of an Asian State-owned company in the energy sector, Respondent in two parallel ICC arbitrations in Singapore initiated by its Asian co-shareholder and its parent company. The dispute arose from two agreements relating to the development of an oil storage facility and related port facilities in Asia. English law and the law of the Claimants’ State applied.

Nine Asian Independent Power Producers (IPPs), Claimants in an LCIA arbitration seated in London against a State-owned entity. The disputes arise out the non-payment of certain amounts under Power Purchase Agreements concluded between the IPPs and a State-owned entity. The law of the country of the State-owned entity applies.

Construction:

An international joint venture, Respondent in an ICC arbitration in Paris brought by a European contractor in relation to the construction of a gas processing facility in Africa. Algerian law applies.

A large energy multinational in a complex construction dispute worth over US$ 1 billion with a contractor in connection with a megaproject for an oil and gas facility in Central Asia. The dispute includes issues of delay and defects. English law applies.

An international joint venture, Claimant in an ICC arbitration against a Middle Eastern State-owned company arising from a contract for the design & build of a landmark infrastructure project in the Middle East.

A heavy equipment supplier and contractor in relation to an arbitration and a number of delay, disruption, defects and other disputes arising out of two energy construction projects in Africa with claims and counterclaims of over $2 billion. The law of the country of the projects applies.

The Employer in a dispute arising from the development of a floating solar power plant in Indonesia. The dispute is subject to ICC arbitration and the contracts are governed by Indonesian and English law.

The Employer in a dispute arising from the design and construction of a coal-fired power plant in Indonesia. The dispute is subject to SIAC arbitration and the contracts are governed by Indonesian and English law.

An international joint venture, Respondent in an ICC arbitration in Paris brought by a Middle Eastern contractor in relation to the construction of living quarters for a gas processing facility in Africa. Algerian law applies.

The operator of a major infrastructure project in an Asian state in connection with a Concession Agreement and EPC Contract, subject to ICC arbitration in Singapore. The law of the Asian State governs.

M&A:

A South Asian company in its dispute with its partner concerning the development and management of a retail real estate business in South Asia. Singapore law and the law of the South Asian State apply.

The subsidiary of an Asian State-owned company in the energy sector, Respondent in two parallel ICC arbitrations in Singapore initiated by its Asian co-shareholder and its parent company. The dispute arose from two agreements relating to the development of an oil storage facility and related port facilities in Asia. English law and the law of the Claimants’ State applied.

Power:

A major Asian energy company on force majeure claims brought in connection with a power project in Pakistan. The claims arise from restrictions imposed on the project by the government of Pakistan. The contracts are governed by Pakistani law.

An Independent Power Producer (IPPs) in a Central Asian State in an ICC arbitration in Singapore against two State-owned entities of a Central Asian State. The dispute arises from Power Purchase Agreements and is governed by English law.

Two Independent Power Producers (IPPs) in a Central Asian State, Claimants in an ICC arbitration in Singapore against a State-owned entity of that State. The dispute arises from Power Purchase Agreements and is governed by English law.

Nine Asian Independent Power Producers (IPPs), Claimants in an LCIA arbitration seated in London against a State-owned entity. The disputes arise out the non-payment of certain amounts under Power Purchase Agreements concluded between the IPPs and a State-owned entity. The law of the country of the State-owned entity applies.

Oil & gas: 

Two Egyptian State-owned entities in a USD 6 billion ICC arbitration in Geneva and a USD 4 billion CRCICA arbitration in Cairo arising out of a long-term gas supply contract relating to the export of Egyptian gas to Israel. English law applied to both arbitrations. More than three quarters of the Claimants’ claims were dismissed for lack of jurisdiction or on the merits.

The Arab Republic of Egypt, as Respondent in two investment arbitrations concerning alleged violations under the Egypt-Poland, Egypt-U.S. and the Egypt-Germany bilateral investment treaties relating to the performance of a long-term contract for the supply of natural gas. Around USD 2 billion were claimed in the investment disputes.

The majority shareholders in the former Yukos Oil Company, Claimants in a series of three UNCITRAL arbitrations in The Hague against the Russian Federation in relation to the expropriation of their investment in the company. The claims were brought under the Energy Charter Treaty. The Tribunal ordered the Russian Federation to pay over USD 50 billion in damages to our clients, the largest award ever rendered by an arbitral tribunal. The Tribunal also ordered the Respondent to reimburse to our clients 75% of the legal fees they had incurred in these proceedings, as well as 100% of the arbitration costs.

Mining:

An international mining company in a dispute between its European subsidiary and a European State concerning the permitting and development of several copper and gold mines. The law of the European State applied.

Shipbuilding:

A Southeast Asian listed company, Claimant in an LMAA arbitration in London against a Chinese shipyard. The dispute arises in connection with various shipbuilding contracts. English law applies.

Published Work

  • Katsikis, Dimitrios, (2021) “‘Necessity’ due to COVID-19 as a Defence in International Investment Claims”, Oxford: ICSID Review
  • Katsikis, Dimitrios, (2021) “Breach of the Agreement to Arbitrate due to Third Party Conduct”, Oxford: Arbitration International
  • Katsikis, Dimitrios (with A. Nicholls), (2020) “Enforcement in Indonesia: Obtaining a Power of Attorney for Registration of the Award”, 37(5) The Netherlands: Journal of International Arbitration 665
  • Katsikis, Dimitrios (ed. K. Yannaca-Small), (2018) “The Meaning of Investment in Investment Treaty Arbitration”, Oxford: Arbitration under International Investment Agreements: A Guide to the Key Issues 266, 2nd ed.

Speaking Engagements

  • Panelist, “Construction disputes in Southeast Europe: How to avoid and resolve them”, ICC YAAF, Greece (Athens), October 2023
  • Panelist, “Recent Trends in Investor-State Dispute Settlement: Examining Qualitative and Quantitative Data from 2020 to 2023”, Singapore International Dispute Resolution Academy (“SIDRA”), Singapore, September 2023
  • Speaker, “Public-Private Partnerships: Concession Agreements”, US Department of Commerce, The Philippines (Manila), December 2023
  • Panelist, “X-Factor: Choosing the Right Forum for Indonesian Business Disputes”, ICC YAAF, Indonesia (Jakarta), June 2022

Leadership Positions And Professional Affiliations

  • Regional Representative, ICC Young Arbitrators and ADR Forum, South Asia Chapter
  • Member, International Advisory Board of the Pakistan Center for International Investment and Commercial Arbitration (CIICA) Young Arbitration Group (YAG)
  • Member, SIAC Reserve Panel of Arbitrators
  • Member, HKIAC List of Arbitrators

Qualifications

Admissions

Attorney-at-Law, New York, 2014

Solicitor, England & Wales, 2016

Recognized as an EC lawyer, Athens, Greece, 2020 

Academic

L.L. B., Bachelor of Laws, Law with Advanced Studies, University of London, 2009

Legal Practice Course (UK), Debt/Equity Finance, Private Acquisitions, Litigation, BPP Holborn, 2010

Bachelor of Civil Law, Public and Private International Law Oxford University, 2011

Languages

Greek, English, French
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.