LEX FLAMINGO

LEX FLAMINGO is acting as legal counsel to a Fortune Global 500 corporation and one of the world’s largest building and advanced materials conglomerates, headquartered in China, in a EUR 24 Million arbitration arising from a large-scale production line project in Iran, in collaboration with a leading Chinese peer law firm. The dispute centers on payment adjustments driven by exchange rate fluctuations under Iran’s restrictive foreign currency regulations, a challenge amplified by the project’s substantial scale and by counterclaims alleging deficiencies in the delivered goods and services. LEX FLAMINGO has provided comprehensive arbitration support across multiple phases of the matter, including drafting strategic legal memoranda analyzing the parties’ contractual obligations and the applicable regulatory framework, preparing the notice of arbitration and supporting documentation, conducting extensive settlement negotiations on behalf of the client, and advising on procedural strategy. Following the breakdown of settlement discussions in 2024, the arbitration application was filed with the Arbitration Center of the Iran Chamber (ACIC) in early 2026 and has recently been served on the respondent. LEX FLAMINGO continues to advise on and manage the proceedings, overseeing case strategy, submissions, and cross-border coordination, reinforcing its capability to represent major international corporations in complex, high-value disputes within challenging regulatory environments.

LEX FLAMINGO acted as legal counsel on the design and execution of the tender process for Iran’s largest solar energy mandate, advising one of the country’s leading banks in its capacity as the state-designated entity responsible for delivering this public initiative. The matter, valued at approximately USD 1.2 Billion, ranks among the most significant renewable energy undertakings in the region. The firm structured the competitive bidding process from the ground up, preparing and vetting the full suite of tender documentation and defining eligibility criteria, commercial terms, and risk-allocation mechanisms in line with both Iranian regulatory requirements and international best practice for large-scale energy projects. LEX FLAMINGO also led the identification and invitation of leading regional and international EPC and investment contractors, including major participants from the Chinese market, while managing bidder communications and conducting comprehensive legal, compliance, and KYC Due Diligence. Following the tender, the firm evaluated all submissions from a legal and risk perspective and shortlisted four qualified bidders to advance to the negotiation phase. The process was completed in full compliance with domestic regulatory frameworks and prevailing international standards, reflecting the firm’s capacity to manage complex, high-value transactions across the energy sector.

LEX FLAMINGO was a sponsor of Istanbul Arbitration Days 2026, the third edition of one of the region's leading platforms for international arbitration practitioners. The conference was held at the Çırağan Palace Kempinski in Istanbul from 30 September to 2 October 2026. The programme brought together arbitrators, counsel, institutional representatives and in-house lawyers to examine the forces reshaping international dispute resolution. Sessions addressed the balance between procedural efficiency and due process, the impact of geopolitical realignment on disputes and on what clients now expect from counsel, and the distinct dynamics of commercial arbitration and investment treaty claims against States. Sector-focused discussions covered concurrent delay and quantum in mega-projects, disputes in banking, markets and regulation, energy-sector contracts and disputes, and international shipping. Further sessions presented the in-house perspective on risk, cost and reputation, and explored how new technology is transforming arbitration practice. Many of these themes align closely with LEX FLAMINGO's work in energy, infrastructure, finance, Technology, sanctions compliance and cross-border disputes. The sponsorship reflects LEX FLAMINGO's sustained commitment to advancing international arbitration practice and strengthens its engagement with the broader arbitration community across the region.

LEX FLAMINGO represented a world-leading German manufacturer of advanced audio solutions, recognized globally for its professional headphones, microphones, and sound technology, in USD 8 Million litigation brought before the Iranian courts. The claimant, asserting a prior status as a local representative, sought substantial damages for the alleged termination of cooperation following the imposition of international sanctions and for purported breaches of contract. The matter raised complex issues at the intersection of Iranian commercial law, the impact of sanctions on cross-border commercial relationships, and the liability framework applicable to foreign manufacturers operating in the Iranian market. LEX FLAMINGO advised on litigation strategy and developed defenses grounded in both the governing contractual terms and applicable commercial regulations. A distinctive feature of the case was the involvement of several high-profile respondents, individuals at the level of presidents and politicians of various Western countries which introduced significant political dimensions alongside the legal issues, substantially complicating case management and strategic coordination. Following LEX FLAMINGO ’s procedural engagement and the submission of preliminary defenses, the claimant withdrew all claims against the client, bringing the company’s involvement in the proceedings to a close.

LEX FLAMINGO advised a leading Russian infrastructure construction group on its establishment and ongoing corporate and regulatory compliance in Iran in connection with a USD 22 Million operation. The firm provided comprehensive corporate establishment and compliance services, including support with LLC registration and corporate structuring, facilitation of quota transfers involving foreign entities and individuals, amendments to the company’s registered scope of activities, and obtaining specialized licenses from the relevant Iranian authorities. LEX FLAMINGO also advised on tax registration, corporate banking arrangements, and work permit processing, ensuring compliance with applicable regulatory requirements. The matter involved the coordinated management of multiple corporate, licensing, tax, and regulatory procedures for a foreign-invested business operating in Iran. LEX FLAMINGO continues to support the client in navigating the applicable legal and administrative framework and maintaining full regulatory compliance.

LEX FLAMINGO is representing a leading Iranian industrial textile manufacturer in a €5 Million international arbitration before the Shanghai International Arbitration Center (SHIAC), in collaboration with a leading Chinese peer law firm. The dispute centers on contractual performance and payment adjustments under complex cross-border procurement arrangements, a challenge amplified by the international regulatory environment and foreign exchange restrictions. LEX FLAMINGO has provided comprehensive arbitration support across multiple phases of the matter, including drafting strategic legal submissions, preparing the notice of arbitration and supporting documentation, and conducting settlement negotiations on behalf of the client. Following the constitution of the arbitral tribunal, LEX FLAMINGO continues to manage the proceedings, overseeing case strategy, evidence preparation, and cross-border coordination, ahead of the scheduled oral hearings. The matter further demonstrates the firm’s capacity to handle high-value international disputes through coordinated collaboration with leading foreign law firm peers.

LEX FLAMINGO announces its evolution from DadFlamingo, reflecting the firm’s growth, expanding international profile, and broader professional practice. Over the years, the firm has evolved from its original vision into a practice advising on complex commercial matters, international contracts, technology and intellectual property, infrastructure and energy projects, and high-value cross-border disputes. The new name reflects this evolution. “Lex,” meaning “law” in Latin, represents the firm’s increasingly international and forward-looking legal practice, while “Flamingo” preserves an essential part of the identity built since the firm’s establishment, representing balance, confidence, and a distinctive approach to legal practice. The transition is an evolution, not a departure. The experience and values built under DadFlamingo remain the foundation of the firm, while LEX FLAMINGO marks its next chapter and future direction. DadFlamingo remains our history; LEX FLAMINGO defines our future.

LEX FLAMINGO represented a leading multinational agricultural commodities trader, a longstanding client of the firm, in a USD13.2 Million contractual dispute with an Iranian state trading entity concerning the performance of a sunflower oil purchase agreement. The dispute arose following the client’s acquisition by a major international group, which extended that group’s sanctions compliance obligations to the client and affected its ability to perform certain contractual commitments. Applicable OFAC exemptions covered only imports into Iran, leaving export-related obligations outside their scope. Through intensive negotiations, Dr. Ghassemi methodically finalized a Memorandum of Agreement enabling performance of the client’s immediate obligations and orchestrated an arrangement under which a UAE-based commercial entity assumed the remaining commitments. The resulting settlement released the client from all past, present, and future claims, resolving the dispute and mitigating sanctions-related exposure.

In the second phase of one of Iran’s largest solar energy mandates, LEX FLAMINGO led the structuring and negotiation of cross-border procurement agreements exceeding USD 1.5 Billion for a 3,000-megawatt project. The engagement followed the completion of the tender process overseen by a leading Iranian bank, with the bank’s operational and executive arm acting as the employer and implementation agent. The work involved coordinating multiple suppliers across the Middle East and China and conducting extensive KYC and risk assessments. LEX FLAMINGO negotiated a suite of contracts covering photovoltaic modules, mounting systems, inverters, and power cables, addressing complex issues that included payment security, performance guarantees, testing protocols, delivery frameworks, and dispute resolution. Through strategic risk allocation and commercially balanced negotiations, the firm delivered a bankable contractual framework that enabled the successful execution of one of Iran’s largest and most complex renewable energy procurement programs, reinforcing its position as a key adviser on high-value, multi-jurisdictional energy transactions.

LEX FLAMINGO Law Firm successfully organized the Willem C. Vis International Commercial Arbitration Moot Pre‑Moot 2026, held online from 25 to 27 February 2026. The event brought together university teams from 23 different nationalities, offering participants a unique opportunity to refine their oral advocacy and arbitration skills ahead of the global Willem C. Vis Moot in Vienna and Hong Kong. The sessions featured more than 90 distinguished arbitrators from both common law and civil law jurisdictions, providing invaluable feedback and fostering high-level discussions on international commercial arbitration. LEX FLAMINGO’s initiative highlights its commitment to supporting the next generation of arbitration practitioners and advancing legal education on a global scale. The firm extends its appreciation to all participants, panelists, and volunteers for contributing to the success of this year’s Pre‑Moot.

The mandate spans the reinforcement of the client’s IP and licensing portfolio across all business units, the identification and protection of high-value technical solutions developed internally, the deployment of structured open innovation mechanisms, and a comprehensive audit of licensing arrangements to eliminate redundancies and enhance compliance. LEX FLAMINGO is also developing a Strategic Clause Library for all technology-related contracts, including licensing, technology transfer, joint development, and EPC agreements, ensuring future-proof, scalable, and upgradeable legal frameworks. The project culminates in the design and establishment of the client’s dedicated Intellectual Property Department, complete with governance structures, decision-making matrices, patent landscape assessment tools, and integrated protocols for the management, protection, and commercial exploitation of the company’s intellectual assets, equipping the client with a modern, resilient, and globally aligned IP architecture.