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Procedural Issue Substantive Issue

Year the case was initiated2000
Year the award was rendered2003
Country involvedCzech Republic
Home country of the investorNetherlands
Parties to the disputeCME v. Czech Republic
Sector3
Type of investmentbroadcasting enterprise
Nature of dispute / claimclaims arising from the actions and omissions attributed to the Media Council, an organ of the Czech Republic, that allegedly commercially destroyed the broadcasting station operator which was partly owned by the investor
Legal instrumentCzech Republic-Netherlands BIT
Rules / VenuesUNCITRAL
Amount sought by investorUS$ 560 million plus interest
Amount awarded / status of disputeUS$ 269,814,000 awarded plus interest (at 10% from 23 February 2003 until payment)
ArbitratorsWolfgang Kühn (Chair); Stephen M. Schwebel; Jaroslav Hándl
Final Award (2003): Wolfgang Kühn (Chair); Stephen M. Schwebel; Ian Brownlie
Decisions renderedPartial Award issued on 13 September 2001;
Final Award issued on 14 March 2003
Statusawarded in favor of the investor
Linkshttp://ita.law.uvic.ca/documents/CME-2001PartialAward.pdf
http://ita.law.uvic.ca/documents/CME-2003-Final_001.pdf
Commentary (if any)
Special features