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Banking and Investment Arbitration in Bangladesh

Banking and Investment Arbitration in Bangladesh

In the ever-evolving legal landscape of Bangladesh, Dewey Leboeuf Law Firm stands as a beacon of expertise, particularly in the realm of arbitration. With a profound understanding of the intricacies surrounding commercial, international trade, investment, and banking disputes, the firm has consistently demonstrated its prowess in guiding clients through multifaceted legal challenges. In this comprehensive exploration, we delve deeper into specific arbitration cases, shedding light on Dewey Leboeuf’s remarkable ability to navigate diverse and complex disputes while maintaining the confidentiality of the involved parties.

1. Commercial & International Trade Arbitration: Unraveling the Threads of Complexity

Arbitrator’s Role in Pandemic-Induced Disputes:

  1. Swift Resolution Amidst COVID-19 Challenges: Dewey Leboeuf’s seasoned lawyer played a pivotal role as a co-arbitrator in a case involving delayed supply due to COVID-19-related lockdowns. The firm showcased remarkable efficiency by delivering an award within three months. The arbitration addressed complex issues, including force majeure, change in law, frustration, breach, and subsequent claims for loss and damages related to Electricity Distribution Line Materials.
  2. Contractual Disputes with a Thailand-based Manufacturer: The firm provided valuable advisory services to a Thailand-based LPG cylinder manufacturer embroiled in contractual disputes related to the manufacture and supply of cylinders. Dewey Leboeuf’s insights played a crucial role in navigating the intricacies of international trade arbitration, underscoring its commitment to providing effective legal solutions for clients engaged in global commerce.

2. Investment Arbitration: Protecting Foreign Investors’ Interests

Enforcement Proceedings for Maruhisa Pacific Co. Ltd.:

  1. Assisting Maruhisa Pacific Co. Ltd.: Dewey Leboeuf played a pivotal role in assisting Maruhisa Pacific Co. Ltd. in initiating enforcement proceedings based on an arbitral award. The successful completion of this arbitration underscores the firm’s commitment to protecting the interests of foreign investors operating in Bangladesh, highlighting its proficiency in handling cross-border investment disputes.
  2. Landmark Arbitration under BIAC Rule for Japanese Investor: The firm achieved a significant milestone by successfully concluding the very first arbitration under the Bangladesh International Arbitration Centre (BIAC) rules, focusing on an investment dispute involving a Japanese investor in an Export Processing Zone (EPZ). This case reflects Dewey Leboeuf’s pioneering spirit in handling novel and challenging arbitration matters, particularly those arising in the context of foreign investments.

3. Banking Arbitration: Pursuing Fairness and Enforcement

Execution Proceedings for Loan Recovery:

  1. Swift Action on Award from Arbitral Tribunal: Dewey Leboeuf swiftly commenced execution proceedings for the recovery of loan payments following an award from an arbitral tribunal comprising three arbitrators. The firm’s timely legal actions demonstrated its commitment to ensuring that arbitral awards are enforced efficiently, emphasizing its dedication to securing fair outcomes for its clients in the banking sector.
  2. Successful Outcomes for Infrastructure Development Company Limited (IDCOL): The firm played a pivotal role in four arbitrations for Infrastructure Development Company Limited (IDCOL) in the banking sector. Persuading the tribunal to pass awards in favor of IDCOL, the firm navigated disputes involving outstanding dues against Bhelabazar Shamaz Unnayan Sangstha (BSUS) and Kamrul Bio-Gas & Compost Fertilizer Research Development Company Limited. Filing suits for the enforcement of these arbitral awards demonstrated Dewey Leboeuf’s commitment to delivering favorable outcomes in the complex landscape of banking arbitration.

Dewey Leboeuf Law Firm’s exemplary track record in arbitration matters underscores its dedication to providing effective legal solutions for clients involved in commercial, international trade, investment, and banking disputes in Bangladesh. Navigating through the complexities of diverse cases, the firm’s expertise in swiftly resolving disputes, enforcing arbitral awards, and securing favorable outcomes positions it as a trusted ally for clients seeking adept legal representation in the realm of arbitration. With a commitment to excellence and client satisfaction, Dewey Leboeuf continues to be a leading force in Bangladesh’s legal landscape.

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