Lee Bacon

Profil complet

Lee is a London-based arbitration and dispute resolution Partner with a particular focus on the Energy and Natural Resources sectors and also with significant insurance and reinsurance experience. Lee is also co-founder of Clyde Code, our Smart Contracts offering.

His experience is focused on industrial and engineering sectors; but also encompasses broad commercial litigation and insurance/reinsurance matters.

Most of his work has an international dimension and as well as advising on jurisdiction issues he has experience of dealing with disputes and claims around the world, including in Latin America and Africa.

Lee has been involved in considering the impact of smart contracts, blockchain and related technologies since 2015, and has written a series of papers which cover the extensive possibilities of these technologies within the existing legal and regulatory framework. He is now recognised as a leader in this area and is regularly invited to speak at insurance and other industry conferences, and to contribute towards initiatives and other papers. Lee is currently instructed by clients seeking to utilise these emerging technologies on a number of projects to include payment-rail systems, parametric insurance and digital marketing initiatives. He is dedicated to finding innovative yet pragmatic ways for the new technologies to work within existing frameworks. Lee is a co-founder of Clyde Code, our smart contracts consultancy.

Expérience

• Representing international claimant investors in a USD 400m investment treaty claim against a South American state (ICSID)
• Representing claimants in a recovery action against international suppliers of a turbine failure at a Peruvian power plant
• Acting for the investors in a billion dollar dispute arising out of the mismanagement of a copper mine in Sub-Saharan Africa
• Acting for the defendants in a USD 150m arbitration in central America arising from a large infrastructure project
• Acted for insurers in respect of a multi-million dollar dispute concerning an 'Open-Cover' type energy insurance cover
• Acted for reinsurers in respect of a large mining loss in South America, including English Commercial Court litigation
• Dealing with disputes arising out of a number of proportional and excess of loss reinsuance treaties, including inspection/audit rights and the management of aggregate accumulations
• Acted for insurers in arbitration proceedings concerning the construction of a motorway
• Managing a number of Israeli arbitrations in respect of disputes arising out of power station losses
• Managing litigation on behalf of reinsurers in respect of a number of energy liability claims in South America, including policy coverage review
• Dealing with a policy coverage dispute concerning a Malaysian power plant; successfully negotiated without recourse to litigation

Clyde Code experience:

• Advising an industry wide collaboration on the tracking and verification of spare parts
• Participation in an industry wide collaboration to digitalise sections of a standard form construction contract
• Advising a business development consultancy in respect of its invetsment in two crypto-currency projects
• Advising founders of tokenised asset start-up investment project in the real estate sector