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Péter Bibók
Senior Counsel

Péter Bibók

Languages
  • Hungarian
  • English
Social media

Péter is senior counsel of the Dispute Resolution Group CMS Budapest.

Péter has gained significant experience in the field of international arbitration and litigation as well as in insolvency, enforcement and customs proceedings, in addition to at the field of compliance during he spent his secondment at a major German company.

He has a deep understanding of construction disputes especially those regulated by FIDIC-based contracts. Péter prepared several legal opinions and analyses submitted to arbitral tribunals on questions related to the interpretation of Sub-Clauses 2.1, 3.5, 13, 14 and 20.1 of both the Hungarian and English versions of the FIDIC Yellow Book and FIDIC Red Book, and is also familiar with the relevant international practices of FIDIC-based construction disputes. He also carried out extensive research on the enforcement of DAB Decisions and the tri-level dispute resolution structure provided by FIDIC.

Previously to him moving to CMS’ Dispute Resolution Group, Péter worked for the Banking Team from 2007 to 2011. So he is also well-placed to serve clients in banking and financing related matters.

Relevant experience

  • Swietelsky Hungary in a FIDIC-based construction litigation case related to water dam construction at the River Danube at the Hungary-Slovakia border against the Hungarian General Directorate of Water Management.
  • Strabag, Colas Alterra Zrt, Hid Zrt, A-Híd Zrt. in a high-value dispute against the Municipality of Budapest about alleged flaws of the Budapest Wastewater Treatment Plant.
  • Ryanair on all legal cases in Hungary, such as hundreds of customer claims for flight delays and flight cancellations as well as numerous administrative cases with the Hungarian aviation, competition and consumer protection authorities and agencies.
  • A German global retail and wholesale/cash and carry group – overall legal assistance and representation on the Hungarian law aspects of tax-based criminal proceedings initiated and investigated by the Criminal Department of the Hungarian Tax Authority.
  • The largest industrial manufacturing company in Europe – providing criminal law advice and criminal prosecution defence assistance in any potential investigation by police and prosecutors relating to the construction of Metro Line 4 in Hungary upon the findings of the European Anti-Fraud Office, OLAF.
  • The Hungarian subsidiary of the largest industrial manufacturing company in Europe in a police investigation about the fatal incident of a lightweight aircraft, owned and developed partially by the client, in Hungarian airspace.
  • Raiffeisen Bank – retained to initiate proceedings against Hungary before the European Court of Human Rights (ECHR) in Strasbourg for the violation of Raiffeisen’s right to property and right to fair trial by a series of legislation on the Hungarian financial services sector that declared a presumption of unfairness for many of Raiffeisen’s GTCs pertaining consumer loans.
  • OTP Bank – successfully represented the client in an EUR 50 million ICC arbitration against an Israeli claimant for alleged breach of contract of a facility agreement relating to the construction of an office building in Moscow, Russia. 

Memberships & Roles

  • Budapest Bar Association

Education

  • 2010 – Doctor of Law, ELTE University, Budapest
Practice Areas
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