Invesmart v. Czech Republic Invesmart v. Czech Republic
Majority shareholding in Union Banka, a bank established under the laws of the Czech Republic.
Claims arising out of the alleged withdrawal by the Czech Republic of previous commitments to provide State support to the foreign-owned bank.
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
None (no administering institution)
Pryles, M. C.
Bernardini, P.
Thomas, J. C.
Decided in favour of State
250.00 mln EUR (349.10 mln USD)
Data not available
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Direct expropriation

Arbitrary, unreasonable and/or discriminatory measures

Umbrella clause
None - all claims dismissed at the merits stage
Data not available