Philip Devenish has acted for corporations and governments in some of the world's largest and most significant disputes, as ranked by The American Lawyer and Global Arbitration Review, including several billion dollar cases across a range of industry sectors.
Philip is a trial lawyer with a particular focus on the resolution of international disputes. He has appeared as counsel in international matters before the UK Supreme Court and in more than 30 arbitrations before World Bank (ICSID), United Nations Commission on International Trade Law (UNCITRAL), International Chamber of Commerce (ICC), London Court of International Arbitration (LCIA), Stockholm Chamber of Commerce (SCC), and Swiss Chambers' Arbitration Institution (SCAI) tribunals. He has advised sovereign states on the negotiation and drafting of investment treaties and regularly advises multinational corporations on the (re)structuring of their investments for maximum treaty protection.
Before joining Jones Day, Philip served as a core member of the trial team that secured a US$1.1 billion victory on behalf of JSC Oschadbank in an investment treaty arbitration against Russia. This landmark decision marked the first occasion that Russia had been held liable by an arbitral tribunal for seizing assets in Crimea. He also has secured highly favorable settlements for respondent states, including for less than one percent of the claimed damages.
The Legal 500 UK (2019) describes Philip as a "key practitioner" of public international law with "particular expertise in handling foreign investment disputes arising under treaties and contracts." He is named by the Legal Media Group's Guide to the World's Leading Experts (2019) as a "Rising Star" in commercial arbitration in the United Kingdom.
Experience
Additional Publications
Publications Prior to Jones Day
2015-2019
“Hungary”, GAR Know-How, Investment Treaty Arbitration (2015-2019)
2018
“Enforcement in England and Wales of Arbitral Awards Set Aside in Their Country of Origin” (2018) 18(2) Oxford University Commonwealth Law Journal 143
2018
“CEAC v. Montenegro: When Does an Investor Have a ‘Seat’ in its Home State?”(2018) 33(1) ICSID Review 81
2015
“Review of Practising Virtue: Inside International Arbitration” (Oxford University Press, 2015) (eds. D. Caron et al.) (2017) 34(1) Journal of International Arbitration 113
2015
“The Energy Charter Treaty: The Range of Disputes and Decisions”, in The Guide to Energy Arbitrations (Global Arbitration Review, 2015)
2013
“Review of Basic Documents on International Investment Protection” (Hart Publishing, 2012) (ed. M. Paparinskis) (2013) 8(5) Global Arbitration Review
2013
“Ambiente Multi-Party Arbitration” (2013) Practical Law Company
2010
“Law of Deeds Revisited” (2010) 84 Australian Law Journal 427
- University of Oxford (B.C.L. 2012; Myers Scholar); University of Sydney (LL.M. with high distinction 2011; Highest examination results in Public International Law, International Investment Law, and Law of International Institutions); The Hague Academy of International Law (Directed Studies 2007); University of Technology, Sydney (B.A. and LL.B. with first class honors 2007)
- England & Wales (Registered Foreign Lawyer), High Court of Australia, Federal Courts of Australia, and Supreme Court of New South Wales
Appointed to the LexisNexis Dispute Resolution Expert Panel
Recognized as a key player in arbitration by publications such as The Legal 500 and Guide to the World's Leading Experts