NSP is staging a live reenactment of an ICSID investment arbitration on the theme of how the Russian side can navigate the turbulent waters of international investment arbitration.

Case summary

A private company builds a mega-constellation of 5,000 satellites in low Earth orbit to bring internet access to rural and hard-to-reach regions of the host state. The state changes course: it introduces environmental restrictions, denies frequency licenses, and demands that part of the satellite fleet be deorbited. The company loses its investment and files an expropriation claim for over USD 1 billion. Even in orbit there is no calm: one plot twist — a sudden solar storm that disables the claimant's satellite — is just as unpredictable as the regulatory shifts that change the rules of the game for the investor on the ground.

Through this fictional but recognizable dispute, participants will see how the parties build their arguments as the context shifts in real time — and what lessons the Russian side, currently pursuing or planning investment arbitration amid today's turbulent conditions, can draw from it.

Event speakers

A partner from NSP's international arbitration practice, together with invited foreign experts, practicing arbitrators, and internationally renowned counsel.

The Claimant’s team Edmund Jerome Kronenburg – FCIArb, FSIArb, Managing Partner, Braddell Brothers LLP (Singapore)

The Respondent’s team Rohit Bhattacharya – Foreign Counsel, Providence Law Asia LLC (Singapore) Ilya Rachkov – FCIArb, PhD in Law, Attorney, Partner, NSP (Russia)

The Tribunal Tatiana Minaeva – FCIArb, Independent Arbitrator (Russia) Prof. Elijah Putilin – FCIArb, Independent Arbitrator (Russia) Eugene Thong – FCIArb, Independent Arbitrator, Secretary to the Arbitral Tribunal (Singapore)