Region: Czech Republic

Volterra Fietta ordered to repay former client in BIT case

London boutique Volterra Fietta has been ordered to repay US$1.6 million to a former client after its conditional fee agreement for an investment treaty arbitration was found to be unenforceable.

25 May 2021

Czech Republic puts poppy claim to bed

The Czech Republic has defeated a US$100 million UNCITRAL claim brought by a Dutch company which alleged it was the victim of a fraudulent scheme relating to the sale of blue poppies and other commodities.

30 April 2021

Ad agency brings treaty claim against Czech Republic

The world’s largest outdoor advertising company has made good on its threat to file a €40 million investment treaty claim against the Czech Republic over the termination of a long-term agreement for advertising space on Prague public transport.

17 September 2020

Czech Republic sees off treaty claims by former senator

The Czech Republic says it has seen off a pair of treaty claims worth a combined US$440 million brought by a former politician and his company over investments in the travel sector.

12 May 2020

French ad agency threatens Czech Republic

The world’s largest outdoor advertising company has notified the Czech Republic of a potential investment treaty claim worth €40 million over the termination of a long-term agreement for advertising space on Prague public transport.

26 February 2020

Czech challenge to solar award fails in Switzerland

The Swiss Federal Supreme Court has rejected the Czech Republic’s interim challenge to an investment treaty award that held the state liable for reforms to its solar power sector, clearing the way for the arbitration to proceed to the damages phase.

14 February 2020

Czech blood plasma award enforced in Belgium

A blood plasma supplier has secured a rare victory in its 12-year fight to collect on a €560 million award against the Czech Republic, after a Belgian appeals court granted enforcement.

07 February 2020

Arbitration Court attached to the Economic Chamber of the Czech Republic and to the Agricultural Chamber of the Czech Republic

27 January 2020

Four more solar wins for Czech Republic

The Czech Republic has defeated four Energy Charter Treaty claims worth a combined €19 million over reforms to its solar power sector, as it pursues a challenge to an adverse award on liability in a further case over the same measures.

17 May 2019

Czech Republic faces ECT threat from coal producer

The liquidators of a Central European hard coal producer have threatened the Czech Republic with an Energy Charter Treaty claim worth hundreds of millions of euros after its local operations were sold to a state-owned entity following an insolvency process.

05 March 2019

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