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ConocoPhillips headquarters in Houston, Texas. the US oil company won a $8.7 billion compensation ruling against Venezuela. (Photo: ConocoPhillips)
Wednesday, March 13, 2019
Legal Briefs

Freshfields Secures ConocoPhillips Victory

But uncertainty how and when the oil company will get paid.


Freshfields Bruckhaus Deringer secured a $8.7 billion compensation for its client ConocoPhillips at the The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) – one of the largest arbitration awards in history.

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Keywords: Arbitration, Curtis, Energy, Freshfields, ICSID, PDVSA, Venezuela

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