Aloke Ray KC

Partner, London

Biography

Aloke Ray is “at the top of his game.” (Asia Pacific Legal 500)

“Clients describe him as “strong, commercial and very articulate” with “excellent cross-examination skills” and “a good lead advocate with excellent knowledge of arbitration processes”. (Chambers Asia Pacific)

Overview

Aloke is a Partner in the Firm's International Arbitration Practice and a King's Counsel, widely recognised in the English legal market and beyond as a benchmark for sustained, top-quality advocacy. After having led the Firm's Arbitration Practice in Asia for many years, Aloke has been the Co-Head of the Arbitration Practice in London since 2017. He has represented clients as lead counsel under the rules of all major arbitral institutions and across multiple sectors.

Aloke has been consistently ranked as a leading arbitration lawyer. Described as being "at the top of his game", Aloke is regarded as having "exceptional insight and instincts in cross-examination" and acknowledged to be a "strong, commercial and very articulate" lawyer.

Bars and Courts
England and Wales
New York
Education
BA Jurisprudence
Oxford University
First Class Honours
MPhil
Cambridge University
LPC
The College of Law, London
Distinction
Languages
English
Bengali

Experience

Examples of recent representations include: 

Oil and Gas / Power / Construction

  • Representing a contractor consortium in a US$1.5 billion SIAC arbitration relating to the construction of an oil and petrochemical refinery in South East Asia.
  • Representing an Asian contractor in a US$1.4 billion ICC arbitration concerning a dispute with a state petroleum company arising from the refurbishment and expansion of an oil refinery and pipelines.
  • Representing an African state in a US$100 million ICC arbitration regarding payments due under a guarantee provided to secure the drilling of an oil well.  
  • Representing a contractor in a US$500 million ICC arbitration relating to the design and construction of a hydro-electric power plant in Asia.
  • Representing a leading insurance company in a US$300 million London-seated arbitration arising out of a claim by an oil and gas corporation for damage to a gas plant in the Middle East. 
  • Representing a global engineering company in four SIAC arbitrations, quantified at US$100m, relating to a construction dispute over a mining project in Indonesia.
  • Representing a European EPC contractor and its affiliates in two UNCITRAL arbitrations seated in Singapore relating to a large petrochemical complex in India.
  • Representing an Asian oil major in a US$500 million UNCITRAL arbitration, seated in Singapore and administered by the SIAC, arising from a dispute with a contractor in connection with a pipeline construction project in Indonesia.
  • Representing an Asian contractor in a potential ICC arbitration, seated in Singapore, arising from a dispute relating to the construction of a 660 MW coal-fired power plant in Southeast Asia.
  • Representing the Mauritian subsidiary of a US investor in an arbitration, under the UNCITRAL Rules and administered by the LCIA, relating to oil and gas fields in India.
  • Representing a Singaporean industrial conglomerate in both a potential ICC arbitration against a Middle Eastern state-owned entity, and in a related UNCITRAL arbitration (to be administered by the HKIAC), against a Chinese sub-contractor arising out of a US$1 billion integrated power production and water desalination facility in the Middle East.
  • Representing an oil and gas company in a dispute with a petrochemical company arising out of several restructuring contracts governed by Indonesian law.
  • Representing an Asian EPC contractor in a dispute arising out of the construction of a supercritical IPP project in Indochina.
  • Representing a Canadian oil and gas company in an ICC arbitration relating to oil and gas fields in Latin America.
  • Representing a contractor in both LCIA and ICC arbitrations arising out of the construction of an international airport in Central Europe.
  • Representing a Middle Eastern oil company in an ad hoc arbitration relating to the acquisition of oil interests in Central Europe.
  • Representing a US oil and gas corporation in an AAA arbitration relating to the construction of a natural gas pipeline off the coast of Massachusetts.

Commercial / Financial Services

  • Representing a multinational corporation in a S$500 million ICC arbitration, seated in Singapore, involving claims for the rescission of an SPA for the acquisition of a landmark asset.
  • Representing a sovereign corporation in a US$500 million ICC arbitration relating to the privatization of an Asian bank.
  • Representing a global marine engineering company in a US$150 million ICC arbitration, seated in Singapore, and arising from a dispute over a joint venture.
  • Representation of a US corporation in an ICC arbitration arising out of a pension deficit calculation (and resulting payment due) under a share purchase agreement.
  • Representation of a New York-based hedge fund and its Cayman affiliate in ICC and SIAC arbitrations arising out of disputes relating to investments in Indonesian and Singapore listed companies.
  • Representing an international steel supplier in both ICC and LCIA arbitrations against an Indian corporation arising out of steel supply contracts.
  • Representation of a US investor in an UNCITRAL arbitration against an Indian joint venture partner relating to substantial real estate investments in India.
  • Representation of a US steel processing company in an UNCITRAL arbitration relating to the supply of industrial equipment in Thailand.
  • Representation of an Indian technology company in an LCIA administered UNCITRAL arbitration against a US electronics manufacturer.
  • Representing a US sports agency in a PCA arbitration, seated in Shanghai, in connection with a dispute relating to NBA endorsement rights in China.
  • Representation of a global investment bank in a dispute with a partially state-owned Mongolian bank and bank affiliate arising from defaults under various agreements governed by Mongolian law.
  • Representing European investors in a potential LCIA arbitration, seated in Singapore, arising from contractual disputes with an Indian real estate developer.
  • Representing global asset managers in relation to potential disputes against an Indian automotive component manufacturer arising from bond payment defaults.
  • Representing a Southeast Asian private equity group in a dispute against a Chinese borrower and Chinese co-guarantor in a potential SIAC arbitration seated in Singapore.

Telecommunications / Media

  • Representing a contractor in a US$1 billion ICC arbitration arising out of a telecommunications infrastructure project in Eastern Europe.
  • Representing an Asian media conglomerate in a potential HKIAC arbitration arising out of a contractual dispute relating to the distribution of international cable channels.
  • Representation of a Middle Eastern telecommunications company in an ICC arbitration relating to the acquisition of a telecommunications company in South Asia.
  • Representation of a US corporation in an ICC arbitration relating to a telecommunications project in India. 
Speaking Engagements

Panelist, "Striking a balance between finality of awards and the safeguards — do the English courts get it right?", London International Disputes Week, May 2019

Co-chair, "Striking a balance between fairness and efficiency – lessons learned and to be learned", 2015 Annual Conference of the International Bar Association, Vienna, October 2015

Panelist, "Hot topics in Arbitration", 2014 Annual Conference of the International Bar Association, Tokyo, October 2014

Panelist, 4th Annual GAR Live, Hong Kong, October 2014

Panel Chair, "Investor State Arbitration in the Region", Key Issues in International Arbitration in the Asia Pacific Region, Sydney, December 2013

Panelist, "When Bad Deliberations Produce Flawed Awards", 16th Annual IBA International Arbitration Day, Bogota, February 2013

Publications

"The 2010 International Arbitration Survey: Choices in International Arbitration," Asian Dispute Review, January 2011

"Another Setback for Arbitration and Investors," The Business Standard, 13 March 2008

"Indian Arbitration at a Crossroads," Global Arbitration Review, Volume 1, Issue 6, December 2006

"What Next for Indian Arbitration," The Economic Times, 29 August 2006

Awards and Recognition

Leading Individual: International Arbitration – Legal 500 UK, 2023

"The UK international arbitration practice is co-led by Aloke Ray KC, whose 'advocacy takes on a whole new level'"

'Aloke Ray KC has strong capacity in arbitration cases, especially those related to construction claims; and he is fast, efficient and a quick thinker, who is truly dedicated to cases and always available. He is also an extremely eloquent and impressive presenter with an ability to spot and emphasise the winning arguments.'

"Thought Leader: Arbitration" 2021 Who's Who Legal 

Leading lawyer: Chambers Asia Pacific since 2012, Asia Pacific Legal 500 since 2013