Jakub Kamenický

Investment Treaty Arbitration Experience

• Representing the Republic of Kosovo in a complex ICC arbitration against a foreign investor, Blerim Devolli, operating in the telecommunications sector.
• Representing the Slovak Republic in an ICSID arbitration initiated by Discovery Global LLC, a US exploration company, arising under the US-Slovakia BIT in connection with an alleged expropriation Claimant’s investment in oil and gas exploration in Slovakia. (ICSID Case No. ARB/21/51).
• Representing the State of Libya in a pending investment arbitration filed by a group of Lebanese and Jordanian nationals under the OIC Treaty.
• Secured a full victory for the Republic of Kosovo in an investment arbitration conducted under the ICC rules, initiated by Mr. Bedri Selmani. The dispute was related to an alleged investment in a chain of petrol stations in Kosovo.
• Representing the State of Libya in a pending investment arbitration filed by two French nationals under the France-Libya BIT and the UNCITRAL Rules.
• Representing Croatia in an ICSID arbitration brought by a German national in a dispute concerning ownership of real property allegedly purchased during the war of independence in the 1990s.
• Representing the State of Turkmenistan in a pending ICSID arbitration brought by a foreign investor concerning the construction of grain production facilities and bakeries.
• Advising the State of Libya in a pending €52 million arbitration relating to several construction projects filed by the company Nurol Insaat ve Ticaret before the ICC under the Turkey-Libya BIT.
• Advising Canadian and Cyprus investors in a pending ICSID arbitration against Serbia regarding expropriation of an agricultural company. The claimed amount exceeds €80 million.
• Defended the Slovak Republic in an almost €170 million UNCITRAL arbitration arising under the Poland-Slovakia BIT in connection with an alleged indirect expropriation of a company producing mineral water. In 2020, the Tribunal rejected all of the investor’s claims for damages. (PCA Case No. 2017-08).

Slovak Litigation

• Represented a Slovak municipality in a proceeding before Slovak court on cancellation of an arbitral award issued by a Slovak arbitral court, on return of unjust enrichment and payment of a contractual penalty.