Tsegaye Laurendeau is counsel in the International Arbitration practice.
His experience includes international arbitrations under the ICC, ICSID, CRCICA, HKIAC and UNCITRAL Arbitration Rules, with a focus on post-M&A, private equity, international financing and joint venture disputes in the oil & gas, power, mining, construction and telecoms sectors.
Tsegaye is featured in Who’s Who Legal: Arbitration – Future Leaders 2020. The publication, which is based upon an independent survey of general counsel and private practice lawyers worldwide, profiles the foremost practitioners in the global arbitration community aged 45 and under and notes that “Tsegaye is an ‘excellent and well-prepared’ practitioner who ranks as ‘one of the best arbitration lawyers of his generation’.” Previous editions of the same publication note that Tsegaye is “‘highly experienced in investment arbitration’ and is recognised for his ‘remarkable cross-examination skills’” (2019), and that he is “an esteemed arbitrator highlighted for his strong expertise in Africa-related disputes” (2018). Tsegaye also features in The Legal 500 Private Practice Power list: African Specialists 2019 and was nominated “Rising Star of the Month” by Africa Arbitration (February 2019).
International arbitrations on which Tsegaye Laurendeau has worked include the representation of:
- A private investment company, Claimant in an ICC arbitration relating to the acquisition of a commodity producer in Brazil. The dispute concerns the closing conditions under a Brazilian law governed Share Purchase Agreement and the valuation of the target company. Over $2 billion is at stake.
- An international logistics company in an ICC arbitration in Paris brought against the Port Authority of an African State. The dispute arises from a concession agreement related to the management and operation of a container terminal.
- A Middle Eastern fund, Respondent in an ICC arbitration in Paris arising from a sports sponsorship agreement. The law of the Claimant’s State applies and over €530 million is at stake.
- A private equity fund and its founder in ICC and HKIAC arbitrations initiated by the fund’s general partner and an alleged investor in the fund, as well as in related domestic court proceedings in multiple jurisdictions. The arbitrations each concerned ownership of various entities in the fund structure. Hong Kong and Cayman Islands law applied.
- A group of shareholders of a holding company, Claimants in an ICC arbitration in Paris against two shareholders in the same company. The dispute concerned the interpretation of a put option price provision contained in a Shareholders’ Agreement. The law of the Netherlands applied. Over $1 billion was at stake.
- The People’s Democratic Republic of Algeria, Respondent in an ICSID arbitration initiated by Orascom TMT Investments S.à r.l. (ICSID Case No. ARB/12/35). The dispute related to alleged breaches of the Algeria-Belgium-Luxembourg bilateral investment treaty in relation to the operation of a mobile telephone company in Algeria. Over $4 billion was at stake.
- The Arab Republic of Egypt, Respondent in an ICSID arbitration initiated by Ampal-American Israel Corporation and other investors (ICSID Case No. ARB/12/11) concerning alleged violations of investors’ rights under the Egypt-U.S. and the Egypt-Germany bilateral investment treaties. The investment concerned a long term contract for the supply of natural gas.
- A Middle Eastern State-owned gas company, Respondent in two CRCICA arbitrations, respectively seated in Cairo and in Madrid, brought by a European energy company. The dispute arose from a gas supply agreement. Egyptian law applied.
- Cairn Energy PLC in an UNCITRAL arbitration against the Republic of India. The claims were brought under the UK-India bilateral investment treaty. The dispute related to retrospective tax measures adopted by the Indian Government. Over $5.5 billion was at stake.
- A major European retail group, Claimant in an ICC arbitration in São Paulo against its Brazilian joint venture partner. The dispute concerned breaches of a shareholders’ agreement concluded between the parties relating to the control of Brazil’s largest retailer. Brazilian law applied.
International Academy for Arbitration Law
Financial Management, Certificate
Université Paris X-Nanterre
D.E.A. Contentieux et commerce international et européen
Université de Bourgogne
D.E.S.S. Droit des affaires internationales
- Solicitor, England and Wales
- Ethiopia (Permanent Resident)
- Africa Regional Representative, LCIA Young International Arbitration Group (YIAG)
- Member, Intergovernmental Authority on Development/Djibouti Chamber of Commerce Arbitration Centre Task Force
- Member and Blog Moderator, African Arbitration Association
- Member, Editorial review, Delos Guide to Arbitration Places (GAP) (2018)
- Founding member, AfricArb
- Contributor and Editorial Team, Africa Arbitration
Prior to joining Shearman & Sterling, Tsegaye practiced as an associate in the Project Finance group of a magic circle firm, acting for financial institutions and sponsors in relation to the financing, refinancing and development of large energy and infrastructure projects in sub-Saharan and Northern Africa. Tsegaye was based in our International Arbitration team in Paris before transferring to our London office in 2015.