“Baker & Hostetler LLP is ‘first rate’, according to one client, ‘the practice works well as part of an international team on cross-border cases.’”
– Legal 500 2018
BakerHostetler, recognized as a Band 1 Highly Regarded International Arbitration firm by Chambers Global, provides international arbitration, litigation and alternative dispute resolution representation for multinational companies, sovereign state governments, international organizations and private investors. We serve as advocates and arbitrators in complex commercial, investor-state and public international law disputes before major international arbitration institutions and courts worldwide. We also act as trial counsel in federal and state courts across the United States, particularly in proceedings to enforce or set aside arbitral awards or in Section 1782 discovery actions related to foreign arbitral and court proceedings.
Several of our partners are world-renowned leaders of the international arbitration bar and are regularly appointed as arbitrators in significant commercial or investment treaty arbitrations.
The team, comprising more than 30 lawyers, regularly represents clients before major arbitration forums, including the ICC, AAA/ICDR, ICSID, LCIA, PCA, DIS, NAI, WIPO, WTO, CPR and UNCITRAL. We currently serve as counsel to clients in proceedings in 28 countries.
As a testament to our global asset recovery practice, BakerHostetler has to date recovered more than $13.355 billion of an estimated $17.5 billion in principal stolen by Bernard Madoff in his infamous decades-long Ponzi scheme. BakerHostetler is court-appointed counsel to the Securities Investor Protection Act (SIPA) Trustee Irving H. Picard for the liquidation of Bernard L. Madoff Investment Securities LLC.
Our team has developed a number of regional and industry-specific specialties. We have both arbitrated and litigated throughout Latin America in commercial and investor-state disputes. We defended the Republic of Peru in $10 billion in lawsuits worldwide for defaults on its foreign commercial debt. We have also enforced and blocked enforcement of $70 million and $100 million awards in Argentina and Honduras. We have successfully prosecuted claims against West African companies and nationals, and collected awards in “traditionally unfriendly” jurisdictions. In three recent cases, we collected $14 million, $5 million and $3 million from a Nigerian rig owner, a ship charterer and a ship mortgage holder, respectively. We have arbitrated extensively in the energy, financial and securities, and construction industries.