Thomas Parigot is a senior associate in the International Arbitration practice.
He has advised and represented companies and State-owned entities in international arbitrations under the Rules of the ICC and ICSID. His experience includes construction, investment and energy disputes as well as arbitrations with an Iberian or Latin American nexus.
Thomas has also acted as secretary to arbitral tribunals under ICC Rules.
Thomas has featured Who’s Who Legal Arbitration – Future Leaders since the inaugural edition. The publication, which is based upon an independent survey of general counsel and private practice lawyers worldwide, profiles the foremost practitioners in the arbitration community aged 45 and under. It notes that “Thomas is lauded as ‘a true strategist with very sharp analysis’ by peers who commend his ‘clear, concise and stylish writing and oral skills’”. Previous editions of the same publication noted that he “is well regarded by market sources who consider him ‘a smart strategist’ and note his ‘strong trial skills,’” (2019) and “a very eloquent and very professional advocate” (2018).
International arbitrations on which Thomas Parigot has worked include the representation of:
- Lagardère Sports, Claimant in an ICC arbitration in Geneva against the Confederation of African Football (CAF). The dispute arises from to the termination by CAF of a $1 billion exclusive television and marketing rights agreement. Swiss law applies.
- Port operator Togo Terminal, Claimant in an ICSID arbitration brought against the Republic of Togo (ICSID Case No. ARB/18/16). The dispute relates to a concession agreement.
- Latin American investment companies and two individuals, Claimants in an ICC arbitration in Paris against a major European telecommunications company. The dispute related to the breach of a settlement agreement that was previously entered into by the parties in relation to multiple claims brought in several litigation proceedings. Brazilian law applied. Over $15 billion was at stake. Proceedings to revise the award rendered in the ICC arbitration are ongoing before an arbitral tribunal, based on the Claimants’ allegations that the Respondents committed procedural fraud in the course of the arbitration. We also represent the Claimants in annulment proceedings before the Paris Court of Appeal.
- An Asian State-owned telecom company in a dispute with its African joint venture partner. The dispute, which is subject to SIAC arbitration in Singapore, arises from a shareholders agreement relating to a joint venture to develop a telecom network in a West African State. The law of the African State applies.
- A subsidiary of a Middle Eastern investor in settlement discussions and further negotiations with the Government of an African State regarding tax and royalties sought to be levied in breach of a stabilisation clause, in the context of a long-term contract for the exploitation of a mine.
- Sonatrach, Respondent in an ICC arbitration in Paris initiated by Saipem SpA and Saipem Contracting Algérie SpA. The dispute arose from an agreement for the construction of an oil & gas production facility in North Africa. Algerian law applied. Over $1 billion was at stake.
- 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 Latin American subsidiary of a European retailer, Respondent in an ICC arbitration in Paris initiated by a Latin American company. The dispute related to an acquisition of equity interests in a company incorporated in Latin America. Brazilian law applied.
- SAUR International, a leading French service management company in the field of water, energy and cleanliness, Claimant in an ICSID arbitration against the Argentine Republic (ICSID Case No. ARB/04/4). The dispute arose out of violations by Argentina of investment treaty obligations owed to our client in relation to a water and sewer services concession in Argentina. The Tribunal held that Argentina had expropriated SAUR’s investment in the concession without compensation, awarded our client $59 million and entered a significant costs award in favor of our client. We also successfully represented SAUR International in proceedings initiated by the Argentine Republic before an ICSID Ad hoc Committee to seek the annulment of the award obtained by our client.
- The Bolivarian Republic of Venezuela in two parallel ICSID arbitrations respectively initiated by O.I. European Group B.V. (ICSID Case No. ARB/11/25) and its subsidiaries Fábrica de Vidrios Los Andes, C.A. and Owens-Illinois de Venezuela, C.A. (ICSID Case No. ARB/12/21). The dispute was in relation to the operation of two industrial plants for the production, processing and distribution of glass containers. The claims were brought under the Netherlands-Venezuela bilateral investment treaty.
HEC / ESCP-EAP Schools of Management
Mastère Spécialisé in International Business Law and Management
University of Paris XI
Université Paris I Panthéon-Sorbonne
- Maîtrise in International Business Law, 2003 (Erasmus program – Universidad Autónoma de Madrid, 2001-2002)
- Member, Club Español de Arbitraje (CEA-40)
- Member, LCIA Young International Arbitration Group (YIAG)
- Member, ICC Young Arbitrators Forum (ICCYAF)
- Member, ICDR Young & International Associates
- “Panorama de jurisprudencia francesa, Commentary of Cour d’appel de Paris, 1ère Chambre C 12 février 2009, n°07/22164, SA J&P Avax SA contre Société Tecnimont SPA,” 2009(6) Spain Arbitration Review 111 (with A. Muñoz)
- Prior to joining Shearman & Sterling, Thomas practiced in the international arbitration group of a major French firm.