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Economic Sanctions and International Arbitration

7 September 2018 @ 2:30 pm - 5:00 pm

Excl. VAT €115
In recent years, more than ever before, governments and supranational organizations have resorted to international sanctions as a tool of foreign policy and international economic governance. For instance, the United States’ recent decision to withdraw from the Iranian nuclear deal. As a result of the latter, companies review existing agreements with Iranian counterparties, or that involve Iran-related activities, and assess what steps may be required to terminate the agreements. But exiting agreements can mean facing risks of litigation for breach of contract.

Due to its international activity and exposure, ICC Dispute Resolution Services is bound to operate in conformity with applicable sanctions regulations, such as those imposed by the  United Nations (UN) , European Union (EU) and Office of Foreign Assets Control (OFAC). This sanctions regime is equally applicable to all dispute resolution institutions notably in the EU, Switzerland and the United States (US). Even if parties are subject to the applicable sanctions regulations, they are not prevented from filing a request under ICC dispute resolution rules. But what about practicalities?


Chair: Niuscha Bassiri, Partner, Hanotiau & van den Berg, Brussels, Belgium

(doors open at 14:00)

Challenges brought by sanctions to international arbitration parties and tribunals

Global overview on economic sanctions
Marco Padovan, Partner, Studio Legale Padovan, Milan, Italy

Contractual implications
Mathias Audit, Law Professor, Université Paris 1 Panthéon-Sorbonne, and Associate, Steering Legal, Paris, France

Practical impediments
Emmanuel Jolivet, General Counsel, ICC International Court of Arbitration, Paris, France

Panel discussion
Q&A with Clemens Heusch, Head of European Litigation, Nokia, Munich, Germany, and all speakers, moderated by the Chair

Networking drink

With a solid track-record as counsel and arbitrator in numerous international arbitrations, Niuscha Bassiri is a frequent public speaker on arbitration-related matters. She has been lecturing for nearly a decade at the ICHEC Business and Management School in Brussels on International Commercial Law and Dispute Resolution. Ms. Bassiri regularly publishes on novel matters concerning international arbitration and is the co-editor and author of the sole English-language commentary on the Belgian arbitration law “Arbitration in Belgium”. She is also a co-author in the leading German language commentary on the ICC and DIS Rules. Read more

Professor of private law at the University of Paris 1 Panthéon-Sorbonne, Mathias Audit is also an expert and international arbitrator. He is the author of numerous publications in private international law, international arbitration law and international investment law. Read more

As the head of European litigation at Nokia, Dr Clemens-August Heusch is responsible for litigation and arbitration throughout Europe, the Near East and Africa, with a strong focus on multinational IP litigation and fair, reasonable and non-discriminatory arbitrations. Since 2008 Nokia has been involved in more than 200 patent cases worldwide against companies such as Apple, HTC, Blackberry, InterDigital, Qualcomm, IPCom, KPN and others. Those patent cases related to implementation patents as well as to standard-essential patents relating to GSM, UMTS, LTE, H.264, WiFi, NFC and others.

General Counsel of the ICC International Court of Arbitration, Emmanuel Jolivet is also Deputy Director of the ICC Dispute Resolution Services.  Mr. Jolivet held various academic positions and is an internationally recognized expert in different legal areas of international trade, especially international business disputes. Read more

A former Chief Counsel at the European Investment Bank (EIB) first dealing with Italy and then with the 150 non-European countries where EIB is active, Marco Padovan founded Studio Legale Padovan in December 2002 and specializes in construction law, international trade, export control and international sanctions, M&A, project financing and finance law. Read more

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Price :
• EUR 115,00 excl. VAT (21 %) for members of ICC Belgium (or ICC France, ICC Germany, ICC Italy)
• EUR 130,00 excl. VAT (21 %) for non-members

Is your organization a member of ICC Belgium (or ICC France, ICC Germany, ICC Italy)? YesNo

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7 September 2018
2:30 pm - 5:00 pm
Excl. VAT €115
Event Category:


Mathieu Maes
+32 2 515 08 44


ICC Belgium c/o FEB
Rue Ravensteinstraat 4
Brussels, 1000 Belgium
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+32 2 515 08 36