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Foley Hoag Attorney Constantinos Salonidis Appointed to ICSID Panel of Conciliators

Foley Hoag LLP attorney Constantinos Salonidis has been designated by the Slovak Republic to serve on the International Center for Settlement of Investment Disputes (ICSID) Panel of Conciliators. As a panel member, Salonidis may be asked by disputing parties or by ICSID to serve on conciliation commissions seeking to resolve international investment disputes commenced under the ICSID Convention or the ICSID Additional Facility Rules.

The ICSID was established by the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, which entitles each Member State to designate up to four persons to the Panel of Conciliators of investment disputes between Contracting States and nationals of other Contracting States. An individual's designation is the result of an extensive examination of personal qualifications such as international expertise and reputation.

Salonidis' appointment is a result of his extensive work as an integral member of the Foley Hoag team defending the Slovak Republic in two recent cases: European American Investment Bank AG (Austria) v. The Slovak Republic and in Achmea B.V. v. The Slovak Republic. Both were dismissed for lack of jurisdiction over the investors’ claims in each case.

Salonidis is a senior international associate in Foley Hoag's International Litigation and Arbitration Department. His practice focuses on international dispute resolution, especially in cases involving the representation of sovereign clients before arbitration panels administered under the ICSID and UNCITRAL Arbitration Rules.