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Lucia Raimanova



Raimanova Lucia
Lucia Raimanova



 Lucia is a Partner in the International Arbitration Group and a solicitor-advocate of England & Wales. She has over 15 years of experience in high-stakes investment treaty and commercial arbitration across the world, as well as in major construction disputes.

Before relocating to Bratislava to lead the firm’s arbitration practice in Central and Eastern Europe, Lucia practised with the firm for over ten years in London and Hong Kong. Prior to joining Allen & Overy, Lucia was engaged by the World Bank as an advisor to the Slovak Government. Clients and peers have described her to Who’s Who Legal as “a very strong advocate with a great brain to see the best route to success” and as having “outstanding knowledge of the CEE region” and “impressive experience”.

Lucia’s recent experience in investment treaty matters includes successfully defending the Islamic Republic of Pakistan in two UNCITRAL arbitrations brought by Mr Ali Allawi and the Progas group of companies; representing a major European financial institution and its CEE subsidiary in a recently-settled ICSID arbitration against Croatia; and a renewable energy fund in on-going ICSID proceedings under the Energy Charter Treaty against Spain. She also regularly advises clients on structuring investments, drafting investment agreements, aspects of sovereign immunity, privileges and immunities of international organisations and other aspects of public international law.

Lucia regularly represents clients in international commercial arbitration proceedings seated in both civil and common law jurisdictions (e.g. London, Paris, Seoul, Singapore, Vienna, Warsaw, Zurich) and under all the major arbitration rules (e.g. CIArb, ICC, LCIA, SIAC, SRIA, UNCITRAL, VIAC). Her experience includes representing BG Exploration and Production India Limited (now part of the Shell Group) and Reliance Industries Limited in an on-going multi-billion dollar arbitration (London seat, UNCITRAL Rules) against the Union of India and arising out of two production sharing contracts. She has also successfully represented Zero Bypass (a consortium comprising Cintra, Porr and Macquarie Capital) in a Vienna-seated ICC arbitration against Slovakia concerning the construction of a ring road around Bratislava.

Lucia has experience in arbitration-related litigation in the English and Indian courts, having secured a number of judgments in favour of her clients, including successfully challenging awards and securing injunctions. She also successfully represented a subsidiary of a major European financial institution in proceedings before the Court of Justice of the European Union.

Lucia currently serves on the Board of the Vienna International Arbitral Centre (‘VIAC’), and was a member of a working group responsible for drafting its new investment arbitration rules. She is also a member of the ICC Commission on Arbitration and ADR and sits as arbitrator.

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Experience highlights



Eurovea Central 1, Pribinova 4

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Admitted as solicitor, Ireland, 2019

EU registered lawyer, 2016

Admitted as solicitor-advocate, England and Wales, 2011

Admitted as solicitor, England and Wales, 2006


Diploma in International Arbitration, Distinction, Queen Mary College, University of London, 2011

LPC, Distinction, BPP Law School, London, 2003

Post Graduate Diploma in Law, Commendation, The College of Law, London, 2002

Master, Law, University of Vienna, 2000

General Course, Law, London School of Economics and Political Science, 1999

Other noteworthy experience


  • Canepa Green Energy Opportunities I, S.á r.l. and Canepa Green Energy Opportunities II, S.á r.l. in ongoing ICSID arbitration proceedings under the Energy Charter Treaty against Spain. The claim relates to Canepa’s renewable energy investments in Spain.
  • BG Exploration and Production India Ltd (now part of the Shell Group) and Reliance Industries Ltd in ongoing London-seated UNCITRAL arbitration proceedings against the Union of India. The dispute arises out of two production sharing contracts and there is more than USD5 billion in dispute. Lucia has also advised BG and Reliance in related court proceedings.
  • A European financial institution and its CEE subsidiary in an ICSID arbitration against the Republic of Croatia. The arbitration was discontinued following a final merits hearing and two favourable decisions on jurisdiction.
  • Zero Bypass (a consortium comprising Cintra, Porr and Macquarie Capital) in a Vienna-seated ICC arbitration against Slovakia. Slovakia was found liable for delays in issuing certain construction permits and ordered to pay EUR 38.5 million in damages plus interest.
  • The Islamic Republic of Pakistan in two London-seated UNCITRAL arbitration proceedings (and related court proceedings) valued in excess of USD500 million brought by Dr Ali Allawi and Progas Energy Ltd, Progas Holdings Ltd and Sheffield Engineering Company Ltd under the UK-Pakistan BIT and Mauritius-Pakistan BIT, respectively. All claims were dismissed and Pakistan was awarded almost all of its costs.
  • The Islamic Republic of Pakistan in a London-seated CIArb arbitration brought by Broadsheet LLC, valued in excess of USD300 million. Pakistan was ordered to pay only 7% of the damages sought.
  • The Republic of Azerbaijan in two separate ICSID arbitrations brought by Fondel Metal Participations B.V. and Azpetrol International Holdings B.V. and others, respectively. Both cases settled without payment or admission of liability by the Republic of Azerbaijan.
  • An Australian employer in a multi-billion dollar Singapore-seated ICC arbitration relating to works at one of the world’s largest ever LNG projects. The dispute was successfully settled.
  • A Romanian distributor of gas against an Austrian supplier in a London-seated LCIA arbitration relating to failed supply of gas. Our client was awarded all damages and legal costs sought.
  • A Polish branch of an international bank in a Warsaw-seated UNCITRAL arbitration concerning non-payment under a guarantee. The dispute was successfully settled.
  • A Dutch company in a London-seated ICC arbitration against a multinational company concerning the termination of a licencing agreement. Our client prevailed on liability and was awarded significant damages.
  • A FTSE 100 company in a multi-billion dollar London-seated LCIA arbitration concerning a bespoke insurance cover. The dispute settled on terms favourable to our client.

Pro bono

  • Delivering training courses on various investment treaty topics to government lawyers and academics from various African countries in Johannesburg and London, organised by Africa International Legal Awareness.
  • Representing a professional body before a disciplinary committee in two professional misconduct cases brought against one of its members.
  • Advising an international organisation on aspects of English civil procedure and tortious liability.
  • Advising litigants in person at the Battersea Legal Advice Centre in London.

Published work:

  • Masser A., Raimanová L., Pauley K., Plachý P. (2021), “Special Mechanisms for Obtaining Evidence”, Chapter in The Guide to Evidence in International Arbitration (Kläsner, Magál and Neuhaus (ed), 1st edition), London: Law Business Research Ltd
  • Plachý P., Raimanová L., Košalko M. (2021), “Efektívnosť dokazovania v medzinárodnej obchodnej arbitráži a pred slovenskými súdmi” (“The effectiveness of the Taking of Evidence in International Commercial Arbitration and before the Slovak Courts”), Bulletin slovenskej advokácie (9/2021), pp. 34-41, Bratislava: Slovenská advokátska komora
  • Raimanová L., Dulovičová L. (2018), “The Implications of Brexit for International Arbitration”, Chapter in Austrian Yearbook on International Arbitration 2018 (Klausegger et al. (ed)), pp.189-206, Vienna: MANZ’sche Verlags- und Universitätsbuchhandlung, Munich: Verlag C.H. Beck, Bern: Stämpfli Verlag
  • Stoyanov M., Sullivan J., Raimanová L. (2016 and 2017), “Multiparty Proceedings and Mass Claims”, Chapter in The Investment Treaty Arbitration Review (Barton Legum (ed)), London: Law Business Research Ltd
  • Raimanová L. (2009 and 2012), “Yukos and its Progeny”, Stockholm Arb. L. Rev. (2009:1), pp. 63-87 (also in Rubins N.D. (ed) “Investment Arbitration Decisions”, New York: Juris Publishing), Stockholm: Juris Net
  • Sinclair A., Raimanová L. (2009), “MFN Treatment and the Adjudication of Investment Disputes”, 21(2) Nat. L. Sch. Ind. L. Rev., Bangalore: NLSIU 


  • Raimanová L. (2020) “Termination of BITs: Where does this leave Slovakia?”, International Law Office, London: Law Business Research 
  • Raimanová L., Plachý P. (2017), “Current investor-state dispute settlement has reached its zenith, but where next?”, Practical Law Arbitration Blog, London: Thomson Reuters
  • Raimanová L. (2016), “Arbitrator conflicts in a global era: some reflections on the challenges in ConocoPhillips v Venezuela, as the quantum phase of the case nears its conclusion”, Practical Law Arbitration Blog, London: Thomson Reuters