Roman Khodykin

Partner, International Arbitration

Roman is an arbitration specialist with extensive experience in national and cross-border matters, with particular emphasis on the energy, and oil and gas sectors. Roman is a dual qualified solicitor of the Senior Courts of England and Wales and a Russian advocate.

Roman holds a PhD in Private International Law (Moscow State University of International Relations) and was awarded the title of Associate Professor. Currently Roman is a Visiting Professor at the Centre for Commercial Law at Queen Mary University of London), where he teaches the English Conflict of Laws course. Roman also delivers lectures at other universities, such as his recent lecture courses at Clare College, University of Cambridge, and Exeter University, and has spoken to LLM students at Paris-Saclay University (University of Versailles-Saint-Quentin).

Between 2015 and 2018, Roman was an alternate member for Russia of the ICC International Court of Arbitration in Paris. He is also an arbitrator of the Arbitration Court for Sport of the Russian Olympic Committee and Member of the editorial boards of Arbitration: the Journal of International Arbitration, Mediation and Dispute Management (UK) and the Commercial Arbitration Journal (Moscow).

In recent years, Roman has handled LCIA, ICC, SCC, AAA and MKAS arbitrations.

Roman has been recognised as Lawyer of the Year in International Arbitration by Best Lawyers in Russia 2020 Edition

Roman is ranked in Band 1 in Dispute Resolution in Russia: Lawyers Based Abroad by Chambers Global 2020.

Track Record in International Arbitration

  • Represented VTB Bank in an LCIA arbitration against a Cyprus company, under a loan agreement governed by English law. The claim totalled about USD 135 m in value. The project was exceptionally complex and we successfully pushed back against the opponents, who had adopted a very active stance. This was a unique case: the other side brought together a tremendous amount of diverse information from other overseas cases (in which we had not participated) in an attempt to prove that the bank suffered from systemic problems.
  • Acted for a shareholder in a major Russian e-commerce company in an LCIA arbitration over a shareholders’ dispute.
  • Represented one of the biggest insurers in Russia in a USD 170 m reinsurance claim arising out of the flooding of a diamond mine.
  • Handled a multi-million investment arbitration before the ICSID against the Republic of Kazakhstan.
  • Represented athletes in a sports arbitration (the Ad Hoc Division of the Court of Arbitration for Sport) during the Winter Olympics.
  • Represented a Cyprus holding company in an LCIA arbitration with respect to a share purchase offer by a third party. In particular, the question was whether the said purchase offer was bona fide and whether it triggered contractual provisions in the relevant shareholder agreement. The value of the claim was USD 120,000,000.
  • Represented Russia’s leading insurance company Ingosstrakh in its successful recovery of amounts due from its reinsurers following the collapse/subsidence of the Zagorskaya hydropower plant near Sergiev-Posad in Russia. The Zagorskaya incident was the second biggest insurance loss in Russian history.
  • Representing a Russian businessman in an LCIA arbitration. The claims arise out of contractual arrangements relating to a Shopping Complex in Moscow. The arbitration raises a number of complex jurisdictional issues, including issues surrounding binding of non-signatories to an arbitration agreement.
  • Represented a group of companies in four parallel LCIA arbitrations (consolidated into a single set of proceedings) in connection with put option agreements. In particular, the claimants were trying to avoid the put option agreements by alleging misrepresentation.
  • Represented Belgian and Irish companies before the LCIA in a real estate dispute.
  • Representing a Cyprus company before the American Arbitration Association in a dispute concerning disclosure of information to a company’s shareholder.
  • Represented a Russian company on proceedings before the LCIA in a breach of warranty case.
  • Represented a Russian oil refinery in a high-profile ad hoc arbitration that took place in London.
  • Represented a Cyprus company in an LCIA arbitration in London and subsequent settlement negotiations.
  • Represented a Tajikistan enterprise in a multimillion arbitration against a Swiss company before the International Commercial Arbitration Court at the Russian Chamber of Commerce and Industry.
  • Represented a leading international sea carrier in ADR settlement negotiations, successfully settling the dispute.
  • Applied to Russian courts for interim injunctions, including in support of a pending LCIA arbitration. Enforcing the LCIA awards in Russia.
  • Represented a Swedish company in proceedings for enforcement of an ICC Arbitration award before the Commercial Court of first instance in Irkutsk (Eastern Siberia, Russia). The award was successfully enforced and the amount due recovered in full.
  • Represented a South-African Company in proceedings for enforcement of an SCC Arbitration award before the Commercial Court of first instance in Yakutsk (Russia).


  • “A Guide to the IBA Rules on the Taking of Evidence in International Arbitration” by Roman Khodykin, Carol Mulcahy / ed. by Nicholas Fletcher QC). Oxford University Press, 2019.
  • Arbitration Law of Russia: Practice and Procedure”, Juris Publishing, New York, 2013.
  • “Interaction between Russia and England in Civil Procedure” (2014) 25 European Business Law Review, Issue 4, pp. 499–516.
  • “Arbitration in Russia: Hot Topic in a Cold Winter” in: Contemporary Issues in International Arbitration and Mediation. Fordham Papers 2011 / ed. by A. Rovine (Leiden-Boston 2012).
  • “Independence and Impartiality of Arbitrators in Investment Disputes” in: “Arbitration”, 2011, issue 4.
  • “Observations on the Draft Amendments to Section VI, Private International Law, of the Russian Federation Civil Code” in: “Journal of Private International Law”, 2011, issue 1.
  • Chapter on Russian Federation Law on International Commercial Arbitration in: “World Arbitration Reporter”, ed. by Loukas Mistelis, Laurence Shore and Hans Smit (2010).
  • “Application of New Provisions of the Arbitrazh Procedure Code on Class Action” in: “The Herald of the Urals District Federal Arbitrazh Court”, 2010, issue 1, pp. 132-143.