Matej Pustay

Construction Arbitration

• Advised the State of Libya in a €183 million arbitration relating to a construction project filed by the company Guris Insaat ve Muhedislik before the ICC under the Turkey-Libya BIT. All of the claimant’s claims were rejected and Libya was awarded most of its costs.
• Advising the State of Libya in a pending €52 million arbitration relating to a construction project filed by the company Nurol Insaat ve Ticaret before the ICC under the Turkey-Libya BIT.
• Advising Libya in a pending US$61 million arbitration related to a construction project filed by the company Ustay Yappi Taahhut ve Ticaret before the ICC under the Turkey-Libya BIT.
• Advising a state-owned company in a US$1 billion commercial construction arbitration.

Energy Arbitration

• Advised Croatia in an investment arbitration against Hungarian oil and gas company MOL in connection with the privatization and operation of the Croatian oil and gas company INA. The claims, worth in excess of US$1 billion, arose under the Energy Charter Treaty and several commercial agreements between Croatia and MOL (ICSID Case No. ARB/13/32 and PCA Case No. 2014-15). The Tribunal rejected most of the claimant’s claims on the merits and awarded the claimant less than 20% of the amount claimed.
• Advising Romania in a pending ECT arbitration regarding changes in subsidies for generation of renewable energy (Kelag – Kartner Elektrizitats et al. v. Romania (ICSID Case No. ARB/21/54)).

International Commercial Arbitration

• Advised a Czech company in an ICC arbitration against the Czech subsidiary of a listed UK company regarding an M&A dispute. The case settled favourably for the client.
• Advised a Czech company in an ICC arbitration against a UK company regarding breach of the seller's warranties under a share purchase agreement. The case settled favourably to the client.
• Advised a Finnish company in a pending UNCITRAL arbitration against a Central European country. The client prevailed in the dispute.
• Advising a Czech manufacturing company in a pending ICC arbitration against a Canadian supplier of casting technology.

Investment Arbitration

• Advised Kosovo in an investment arbitration against a Croatian-Kosovar double national regarding alleged investment in a petrol sector. All of the claimant’s claims were dismissed, and Kosovo was awarded its costs.
• Advised Kosovo in an investment arbitration against an Estonian company regarding cancellation of a banking licence. All of the claimant’s claims were dismissed, and Kosovo was awarded part of its costs.
• Advised Kosovo in an investment arbitration against an alleged Montenegrin-Kosovar double national regarding a dispute over investment in a telecom company. All of the claimant’s claims were dismissed, and Kosovo was awarded the majority of its costs.
• Advised the Slovak Republic in a UNCITRAL investment arbitration arising under the Poland-Slovakia BIT in connection with an alleged indirect expropriation of a company producing mineral water (Spółdzielnia Pracy Muszynianka v. Slovakia). All of the investor’s claims for damages were rejected.
• Advised the Slovak Republic in an ICSID arbitration arising under the US-Slovakia BIT and Canada-Slovakia BIT in connection with an alleged expropriation of a talc mine in Slovakia (EuroGas Inc. and Belmont Resources Inc. v. Slovakia (ICSID Case No. ARB/14/14)). All of the investors’ claims were rejected for lack of jurisdiction.
• Advised the Republic of Estonia in an investment dispute under the BIT between the Netherlands and Estonia (ICSID Case No. ARB/14/24). All of the investors’ claims were rejected.
• Advising Canadian and Cypriot investors in a pending ICSID arbitration against Serbia regarding expropriation of an agricultural company (Rand Investments and others v. Serbia (ICSID Case No. ARB/18/8)).
• Advising a group of Canadian and Cypriot investors in an investment arbitration regarding indirect expropriation of construction land in the city centre of Belgrade (Coropi Holdings and others v. Serbia (ICSID Case No. ARB/22/14)).
• Advising Romania in a pending ICSID arbitration related to development of a real estate project (Plaza Centers N.V. v. Romania (ICSID Case No. ARB/22/15)).

Czech Arbitration and Litigation

• Secured a full victory for a client in Czech court proceedings regarding setting-aside of arbitral award.
• Secured a full victory for a client in a dispute before Czech courts regarding payment of remuneration under the services agreement.
• Advised a Hong Kong-based company in dispute with a Czech customer. The client was awarded the entire claimed amount.
• Advised an international company defending against alleged breaches of the future purchase agreement in arbitration initiated before the Arbitration Court attached to the Czech Chamber of Commerce and the Agricultural Chamber of the Czech Republic. All claims brought by the claimant were rejected.
• Advised a client in disputes regarding a squeeze out of the client's shares from a real estate company. The case settled favourably for the client.
• Advising a Czech developer in various court and administrative proceedings relating to planned construction of a residency building.