Kluwer: Swiss Supreme Court Upholds Arbitral Award in Favor of Investors Against the Czech Republic

Published on November 4, 2024

By Christine Moehler (Pestalozzi)

Over the last decade, the Czech Republic has defeated several treaty claims that were brought by investors following reforms in the Czech solar power sector. The state’s winning streak ended in June 2024, when the Swiss Supreme Court upheld an arbitral award ordering the Czech Republic to pay over 350 million Czech koruna (15 million...