Expert resume of Yas Banifatemi
Founding partner of Gaillard Banifatemi Shelbaya Disputes; former Group Leader of Shearman & Sterling’s Global International Arbitration Practice; former Vice-President of the ICC International Court of Arbitration and former member of the LCIA Court; member of the SIAC Court of Arbitration; member of the ICSID Panel of Arbitrators.
Dr. Yas Banifatemi is a founding partner of Gaillard Banifatemi Shelbaya Disputes and is widely recognized as one of the most prominent international arbitration and public international law specialists worldwide. Prior to founding Gaillard Banifatemi Shelbaya Disputes, she served as Shearman & Sterling’s Global International Arbitration Practice Group Leader, Public International Law Team Leader and Lead Industry Coordinator for Energy.
She advises and represents States, State-owned entities and companies on both public international law and international arbitration issues. Dr. Banifatemi has secured many landmark victories for her clients, including a USD 50 billion award for the majority shareholders of the former Yukos Oil Company, the largest investment award in history. She acts as both counsel and arbitrator in arbitrations conducted pursuant to the ICSID, UNCITRAL, ICC, LCIA, SCC, SIAC, HKIAC, CRCICA, DIS and the Swiss Arbitration Rules, with particular focus on investment protection, oil & gas and general commercial matters.
Dr. Banifatemi is a former Vice-President of the ICC International Court of Arbitration, a member of the SIAC Court of Arbitration and a former member of LCIA Court. She is also a member of the ICSID Panel of Arbitrators, appointed by the Chairman of ICSID’s Administrative Council. Since September 2021, she has replaced late Professor Gaillard as the President of the International Arbitration Institute (IAI).
She is ranked in Band 1 of the Global Market Leaders by Chambers & Partners. She has been repeatedly praised in all leading professional directories and earns “acclaim for her excellent track record in arbitration”. Directories have described her as being “truly outstanding”, a “star performer”, a “brilliant lawyer with a sharp intellect”, and “one of the best technicians in the international investment arbitration field”, also having “a considerable presence in public international law”. Chambers Global notes that “Yas Banifatemi is emphatically described by clients as ‘an outstanding lawyer in every possible respect’”. Clients have commented on the “clarity of her opinions”, her “ability to give valuable strategic advice” and “to anticipate how cases will develop”, her “real grasp of detail”, describing her as “extremely effective”, “incredibly impressive all round” and a “reliable and robust advocate” having a “thorough understanding of the law she practices”. Clients also highlight her “strong cross-examination skills”.
Yas Banifatemi teaches at Harvard Law School, Yale Law School and Panthéon-Sorbonne University. In the Summer 2019, she gave a course at The Hague Academy of International Law on the powers of the arbitrator. She researches in the areas of public international law and international arbitration, and has authored numerous publications in, and regularly speaks about, both these fields.