Alcor Holdings Ltd. (UAE) v. The Czech Republic

The PCA acted as registry in this arbitration, which was conducted under the UNCITRAL Arbitration Rules 1976 pursuant to the Agreement between the Government of the Czech Republic and the Government of the United Arab Emirates on the Promotion and Protection of Investments of 23 November 1994.


Case information

Name(s) of Claimant(s) Alcor Holdings Ltd. (Private entity )
Name(s) of Respondent(s) The Czech Republic (State)
Names of Parties -
Case number 2018-45
Administering institution Permanent Court of Arbitration (PCA)
Case status Concluded
Type of case Investment arbitration
Subject matter or economic sector Real estate
Rules used in arbitral proceedings UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced

[Bilateral treaty]
Agreement between the Government of the Czech Republic and the Government of the United Arab Emirates on the Promotion and Protection of Investments
Country A: United Arab Emirates
Country B: Czech Republic


Language of Proceeding English
Seat of Arbitration (by Country) Netherlands
Arbitrator(s)

Sir Christopher Greenwood, GBE, CMG, QC (Presiding Arbitrator) 

Mr. Richard Wilmot-Smith QC 

Professor Donald McRae

Representatives of the Claimant(s)

Mr. Nicholas J. Carnell

Tonderai Nyandoro

TaylorWessing LLP (Dubai Branch)

 

Dr. Erwin Hanslik MRICS

JUDr. Aleš Linhart, Ph.D.

Mgr. Pavel Juřička, LL.M.

TaylorWessing e|n|w|c advokáti v.o.s.

Representatives of the Respondent(s)

Mr. James Hosking

Ms. Yasmine Lahlou

Ms. May Khoury 

Chaffetz Lindsey LLP

 

Ms. Martina Matejová

Mr. Jaroslav Kudrna

Mr. Martin Nováček  

Ministry of Finance of the Czech Republic

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 22 September 2018
Date of issue of final award 02 March 2022
Length of Proceedings 3-4 years
Additional notes -