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International Dispute Resolution

Kramer Levin Naftalis & Frankel LLP regularly handles disputes that arise from international corporate transactions and represent a number of major manufacturers and financial institutions based in England, France, Germany, Israel and Japan, both in court proceedings and before international arbitral tribunals. The firm's Paris Office also has an active litigation practice involving all types of business litigation in French courts as well as international arbitrations.

We are frequently involved in international arbitrations and regularly defend foreign financial institutions in the U.S. courts.  For example, on behalf of a subsidiary of Procter & Gamble, we won an award from an international arbitration panel in Paris based on a breach of warranty claim arising from an acquisition agreement. We represented the U.S. subsidiary of Daiwa Securities in litigation relating to its underwriting of a China-based telecommunications company. We successfully defended on appeal the dismissal of market manipulation securities fraud claims against the Citco Group Limited.

Our international experience also includes substantial background litigating act of state and foreign sovereign immunity issues. We defended the nationalized commercial banks of Iran in connection with claims filed following the United States' freeze on Iranian assets and the subsequent transfer of U.S. claims to an arbitral tribunal in The Hague. In a significant trial, we successfully defended a foreign uranium mining company against antitrust claims that presented issues as to when cartel behavior may be immune from domestic antitrust regulation where the cartel results from foreign sovereign compulsion.

We also deal frequently with issues posed by United Kingdom Mareva orders that purport to place worldwide restrictions on a defendant's transfer and use of assets. We have significant experience, as well, in enforcing U.S. judgments against recalcitrant foreign debtors. For example, we recently recovered for an investment banking firm a multi-million dollar transaction fee that had been withheld by South American entities. In this action we convinced an American federal court to restrain overseas assets of the foreign adversary. For an American developer of telecommunications systems, we successfully sued our client's exclusive Brazilian distributor. The proceedings included an arbitration and actions in both an American state court and the local courts of Brazil. As a key element in our success, we persuaded the American state court to enjoin our adversary from pursuing its foreign litigation.

Our lawyers serve as party and neutral arbitrators in major foreign arbitrations conducted before the ICC, AAA International Center and other international arbitral organizations.