2001
Saluka v. Czech Republic Saluka Investments BV v. The Czech Republic
Czechia
Netherlands
Ownership of a controlling block of shares from the Czech state-owned bank IPB.
Claims arising out of the imposition of a forced administration upon the investor's banking enterprise by the Czech National Bank.
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
UNCITRAL
PCA (Permanent Court of Arbitration)
Watts, A.
Lauterpacht, E. (replaced)
Fortier, L. Y.
Price, D. M. (replaced)
Behrens, P.
1900.00 mln USD
6000.00 mln CZK (281.00 mln USD)
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Judicial review by national courts
Judicial review by national courts
Award/decision upheld