Legal Material

CME Czech Republic BV v Czech Republic, Final award and separate opinion, (2006) 9 ICSID Rep 264, (2006) 9 ICSID Rep 412, (2003) 15(4) World Trade and Arb Mat 83, IIC 62 (2003), 14th March 2003, Ad Hoc Tribunal [UNCITRAL]



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  • Public International Law
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Whether pending or concluded dispute resolution proceedings controlled an UNCITRAL arbitration.

Whether the Respondent could re-litigate liability in the quantum phase of an arbitration on the grounds that the Tribunal exceeded its mandate in the Partial Award on liability.

What the fair market value of the Claimant’s interest in a television services company, which was awarded to the Claimant in the Partial Award, was.

Whether the interest should be awarded to the Claimant.

Keywords: Expropriation; Indirect expropriation; Prompt, adequate and effective compensation (Hull Formula); Treaties, interpretation; Parallel proceedings; Lis alibi pendens; Res judicata; Remedies and costs; Discounted cash flow (DCF), anticipated future profits; Interest; Interest, compound/simple; Valuation

Legal Material.  86206 words.  Illustrated.

Subjects: Public International Law ; International Law ; Arbitration ; Law

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