ICC arbitration / technology transfer agreement / battery technology

ICC arbitration in Hong Kong, applicable law: New York law

Our client, a leading regional battery manufacturer in Northeast Asia, was accused of misrepresentation about the performance of its battery technology in order to convince its co-contractor, a global North American conglomerate , - to enter into a licensing and technology transfer agreement. The North American conglomerate demanded USD 50 million from our client. 

Our client and our team, which included a local law firm, adopted a particularly robust approach. Some of our lawyers took courses in our client's language to understand the content of certain key exchanges between the parties in resolving the dispute, and to demonstrate to the Tribunal that our client had in fact never concealed the state of its technology.

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The Arbitral Tribunal dismissed the opposing party's claims in their entirety and ruled in favor of our client.

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