Gaëtan Verhoosel KC
About
Provided by Gaëtan Verhoosel KC
Practice Areas
Gaëtan is a founding partner of Three Crowns. He has served as advocate and as arbitrator in a large number of both commercial and investment treaty arbitrations.
Gaëtan is admitted to practice in England & Wales, France, and Spain.
Career
Before entering private practice, he served as a Legal Advisor at the World Trade Organization in Geneva, where he advised dispute settlement panels adjudicating disputes between sovereigns across a range of industry sectors.
Professional Memberships
Gaëtan is a past Senior Co-Chair of the Arbitration Committee of the International Bar Association – a leading standard-setter for the practice of international arbitration. He is a member of the SIAC Court of Arbitration and was appointed to the ICSID Panel of Arbitrators by the Kingdom of Belgium.
Languages Spoken
English, Spanish, Dutch and French
Work Highlights
- Successfully defending the Sultanate of Oman against a US$200 million claim in connection with an investment dispute relating to an oil and gas engineering and construction contract
- Reducing a US$430 million claim against an Asian national oil company to $10 in nominal damages in an ICC arbitration arising from the client’s withdrawal from a production sharing contract in Central Asia
- Securing a US$175 million damages award including interest for a Trafigura subsidiary in an UNCITRAL arbitration against the Government of Ghana arising from a power purchase agreement
- Representing a European wind farm manufacturer in an ICC arbitration relating to a cross-licensing agreement for wind turbine patents
- Securing a $150 million award for an Asian national oil company in an ICC arbitration arising from a production sharing agreement with another Asian national oil company, while defeating a $140 million counterclaim in the same proceeding
- Representing an Asian national oil company in a US$490 million ICC arbitration arising from a gas transportation agreement
- Representing a group of ExxonMobil subsidiaries in a US$1 billion+ investment treaty arbitration against Venezuela arising from the expropriation of ExxonMobil’s investments
Chambers Review
UK
Gaëtan Verhoosel KC has earned an excellent reputation for his extensive commercial and investor-state practice, handling arbitrations seated across the world and under the auspices of various institutions. He also accepts appointments as arbitrator.
Gaëtan Verhoosel KC of Three Crowns represents oil and gas majors and utility companies in commercial and investment treaty arbitrations. He has experience in disputes concerning various issues, including construction contract termination and LNG price reviews.
Gaëtan Verhoosel KC serves as both advocate and arbitrator in a range of investment treaty arbitrations, particularly those conducted under ICSID rules. His practice in this area is also complemented by his academic background in international investment law.
Strengths
Provided by Chambers
"He is without a doubt one of the best professionals out there. He has world-class experience and skill."
"He's very practical and develops robust strategies. He's also an excellent advocate."
"Gaëtan's delivery is extraordinary - he is beyond sophisticated and professional."
"He is without a doubt one of the best professionals out there. He has world-class experience and skill."
"He's very practical and develops robust strategies. He's also an excellent advocate."
"Gaëtan's delivery is extraordinary - he is beyond sophisticated and professional."
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Key Sectors
Provided by Three Crowns LLP
Energy and Utilities
Financial Investors
Government and Public Sector
Financial Services
Resources and Mining