Czech Republic Escapes Ex-Senator's Treaty Claims

Law360 (May 13, 2020, 7:13 PM EDT) -- The Czech Republic says it has won international investment arbitrations in a pair of treaty claims worth a combined $441 million brought by a former politician and his companies over investments in the travel sector, although the wins only cover the country's arbitration costs.

The republic's Ministry of Finance said Tuesday that it prevailed in the two proceedings initiated by entrepreneur and former Czech Republic senator Václav Fischer over the insolvency of air company AMF Aircraftleasing Meier & Fischer GmbH & Co. KG and a dispute related to his travel agency firm, CK Fischer.

In the arbitration initiated in December 2016...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!