Timur Abushakhmanov is an associate with our Dispute Resolution practice. Timur has acted in arbitrations under the rules of the London Court of International Arbitration, the Arbitration Institute of the Stockholm Chamber of Commerce, the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation as well as under the ICSID (Additional Facility) Rules. Timur has extensive experience in coordinating multi-jurisdictional litigation proceedings. Timur has also represented clients before the Russian commercial courts, including the now defunct Supreme Arbitration

Background

Whilst working for more than seven years for a leading Russian law firm, Timur acquired profound knowledge of international commercial and investment arbitration and cross-border litigation.  Holding a specialised master’s degree in dispute resolution, he has a deep understanding of the peculiarities of international commercial and investment arbitration.

Expertise

Primary Practice Focus: Litigation and Investigations, Arbitration

Languages: English, Russian

Timur Abushakhmanov
Associate
Landline   +7 495 139 6500

International experience

16 jurisdictions

Landmark engagement experience

International Arbitration

  • Drafting written submissions for a Russian investor seeking to obtain US$200 million in compensation for expropriation of its investment and for breach of fair and equitable treatment standard in an ICSID (Additional Facility) Arbitration against a former Soviet state
  • Representing a major European agribusiness company in a dispute with a BVI subsidiary of a Russian agribusiness company under the Stockholm Chamber of Commerce Rules with regard to implementation of a share exchange agreement stipulating sweep of shares of Russian and Cypriot subsidiary companies worth over €10 million
  • Representing an employer in a construction dispute under the Rules of the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation against a contractor who sought to recover €3.5 million as alleged unjust enrichment
  • Assisting in preparation of Russian law expert opinions for an LCIA arbitration between a major Middle Eastern investor in the Russian real estate market seeking to recover US$200 million in damages and its Russian joint-venture partner
  • Representing a major Russian state-owned company in LCIA proceedings initiated by a supplier of equipment seeking to recover €7 million in alleged arrears on purchase price payment

Cross-Border and Domestic Litigation

  • Advising a Russian state-owned company in a dispute against its former employee with parallel proceedings underway in Guernsey, the British Virgin Islands and in Luxembourg, the overall amount in dispute being around €50 million
  • Advising a Luxembourg-incorporated company on litigation proceedings for the recovery of US$45 million against the directors and management company of a Cypriot investment fund, in which it holds investor shares, before the District Court of Nicosia, Cyprus, as well as representing the company in a parallel criminal investigation in Russia
  • Representing an Irish state-owned bank in a US$4 billion complex multi-jurisdictional litigation dispute over landmark assets in Russia, in particular, defending the client before the Supreme Arbitration Court of Russia; this involved numerous proceedings before the Russian commercial courts on claims:
- To set aside arbitral awards seated in Moscow
- To restore the shareholders’ rights of Swedish and Cypriot shareholders over the Russian companies, with the Cypriot and Swedish law applied by the Russian courts
- To be admitted to the lists of creditors on the basis of guarantee and indemnity agreements governed by Irish law and mortgage agreements governed by Russian law
  • Representing major pharmaceutical and car-dealing companies in disputes against the State Labour Inspection for the City of Moscow, which imposed significant fines on them

Education

  • LL.M. (Comparative and International Dispute Resolution), Queen Mary University of London, 2019. Chevening Scholarship for 2018–2019 from the UK Foreign and Commonwealth Office
  • LL.B. (with distinction), Bashkir State University, 2010

Qualification

  • Russia, 2010
  • Attorney, member of the Moscow Bar Association, 2015

Recognitions & Awards

  • The Legal 500 "Arbitration Powerlist: CIS and Caucasus" - recommended among the leading arbitration experts of the region in 2020

Publications & public speaking

25 August 2020
Timur Abushakhmanov participated in the first section of the Sixth Russian Arbitration Day conference with a presentation on Extinctive prescription in investor-State dispute Settlement
Timur Abushakhmanov
Language:Russian