Lauder V. Czech Republic
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Lauder V. Czech Republic
The CME v. Czech Republic and Lauder v. Czech Republic were parallel cases decided by two different arbitral tribunals in 2001. The difference in the two cases' outcomes is a prime example of conflicting decisions in international arbitration and is the subject of many treatises, with some authors going as far as calling it "''the ultimate fiasco in investment arbitration''". In 1993, US national Ronald Steven Lauder invested in Czech private television broadcaster TV Nova through his German company (which was later succeeded by the Dutch company Central European Media (CME)). Some 20 suits started in front of the Czech courts and international tribunals, including UNCITRAL arbitrations CME v. Czech Republic and Lauder v. Czech Republic, after his business partner, Czech citizen Vladimír Železný, effectively deprived CME of its investment by breaking off the deal between Lauder's and Železný's companies. CME and Lauder respectively sought damages for the alleged interferen ...
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Arbitral Tribunal
An arbitral tribunal or arbitration tribunal, also arbitration commission, arbitration committee or arbitration council is a panel of unbiased adjudicators which is convened and sits to resolve a dispute by way of arbitration. The tribunal may consist of a ''sole arbitrator'', or there may be two or more arbitrators, which might include a chairperson or an umpire. Members selected to serve on an arbitration panel are typically professionals with expertise in both law and in ''friendly dispute resolution'' (mediation). Some scholars have suggested that the ideal composition of an arbitration commission should include at least also one professional in the field of the disputed situation, in cases that involve questions of asset or damages valuation for instance an economist. The parties to agree on arbitration are usually free to determine the number and composition of the arbitral tribunal. Many jurisdictions have laws with general rulings in arbitration, they differ as to how many ...
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Dissolution Of Czechoslovakia
The dissolution of Czechoslovakia ( cs, Rozdělení Československa, sk, Rozdelenie Česko-Slovenska) took effect on December 31, 1992, and was the self-determined split of the federal republic of Czechoslovakia into the independent countries of the Czech Republic and Slovakia. Both mirrored the Czech Socialist Republic and the Slovak Socialist Republic, which had been created in 1969 as the constituent states of the Czechoslovak Socialist Republic until the end of 1989. It is sometimes known as the Velvet Divorce, a reference to the bloodless Velvet Revolution of 1989, which had led to the end of the rule of the Communist Party of Czechoslovakia. Background Czechoslovakia was created with the dissolution of Austria-Hungary at the end of World War I. In 1918, a meeting took place in Pittsburgh, Pennsylvania, United States, at which the future Czechoslovak President Tomáš Garrigue Masaryk and other Czech and Slovak representatives signed the Pittsburgh Agreement, which prom ...
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2001 In Case Law
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the ...
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Arbitration Cases
Arbitration is a form of alternative dispute resolution (ADR) that resolves disputes outside the judiciary courts. The dispute will be decided by one or more persons (the 'arbitrators', 'arbiters' or 'arbitral tribunal'), which renders the 'arbitration award'. An arbitration decision or award is legally binding on both sides and enforceable in the courts, unless all parties stipulate that the arbitration process and decision are non-binding. Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions. In certain countries such as the United States, arbitration is also frequently employed in consumer and employment matters, where arbitration may be mandated by the terms of employment or commercial contracts and may include a waiver of the right to bring a class action claim. Mandatory consumer and employment arbitration should be distinguished from consensual arbitration, particularly commercial a ...
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PPF (company)
PPF Group is an international diversified investment group founded in 1991 in the Czech Republic. PPF Group invests in a variety of sectors, including banking and financial services, telecommunications, media, biotechnology, real estate and industry. The geographical reach of PPF Group spans Europe, North America and Asia. It is currently active in the Czech Republic, Slovakia, Serbia, Hungary, Switzerland, Ukraine, Turkey, Netherlands, Bulgaria, Croatia, Poland, Romania, Slovenia, Kazakhstan, Finland, Germany, India, Indonesia, Vietnam, Philippines, China, France, United Kingdom and the US. PPF Group was founded Petr Kellner, whose 98.93% shareholding passed to his wife Renata and their family upon his passing in March 2021. According to ''Forbes'' magazine, Mr Kellner was the wealthiest Czech. PPF Group’s other two shareholders are, and Jean-Pascal Duvieusart, each holding a 0.535% share. As of 31 December 2021, PPF Group's assets were worth EUR 42.2 billion. History The h ...
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Petr Kellner
Petr Kellner (20 May 1964 – 27 March 2021) was a Czech billionaire entrepreneur, the founder and majority shareholder (98.93%) of the PPF Group. At the time of his death, he had an estimated net worth of $17.5 billion, making him the wealthiest person in the Czech Republic. Early life Kellner was born in 1964 in Česká Lípa, then in Czechoslovakia, but spent most of his childhood in Liberec. Kellner graduated from the University of Economics, Prague Faculty of Industrial Economics, in 1986. Career In the late 1980s, he worked as a production assistant in Barrandov Studios, even having a cameo in the 1989 film . After the Velvet Revolution he worked for the Czech company Impromat, an importer and seller of Ricoh photocopiers. While working for that company, he met Milan Maděryč and Milan Vinkler. Investment fund PPF In 1991, after the announcement of Czechoslovak voucher privatization, he founded the investment fund PPF (''První Privatizační Fond'': First ...
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Jiří Šmejc
Jiří (; ''YI-RZHEE''), the Czech is a masculine given name, equivalent to English George, may refer to: Given name B *Jiří Antonín Benda *Jiří Baborovský *Jiří Barta *Jiří Bartoška *Jiří Bicek * Jiří Bobok *Jiří Bubla *Jiří Buquoy *Jiří Bělohlávek *Jiří Brdečka *Jiří Březina C * Jiří Čeřovský *Jiří Čunek *Jiří Crha D *Jiří Dopita * Jiří Družecký (1745–1819), Bohemian-born Austrian composer and timpanist *Jiří Dudáček * Jiří Džmura F *Jiří Fischer G *Jiří Grossmann *Jiří Gruša *Jiří Grygar H *Jiří Hanke *Jiří Hájek *Jiří Hála *Jiří Hledík *Jiří Holeček *Jiří Holík *Jiří Homola *Jiří Horák *Jiří Hrdina *Jiří Hřebec *Jiří Hudec * Jiří Hudec (composer) *Jiří Hudler J *Jiří Jantovsky *Jiří Jarošík * Jiri Jelinek (born 1977), Czech dancer * Jiří Jeslínek (other) **Jiří Jeslínek (footballer, born 1962) **Jiří Jeslínek (footballer, born 1987) * Jiří Jirma ...
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Svea Court Of Appeal
Svea Court of Appeal ( sv, Svea hovrätt), located in Stockholm, is one of six appellate courts in the Swedish legal system. It is located in the Wrangel Palace, on Riddarholmen islet in Gamla Stan, the old town of Stockholm. History The Svea Court of Appeal was founded in 1614 and was the highest court in Sweden until 1789, when the Supreme Court of Sweden was established. Among people sentenced to death by the court was Nicolaus Olai Campanius, convicted of being a Catholic, and Jacob Johan Anckarström, convicted of the assassination of Gustaf III of Sweden. Buildings The Svea Court of Appeal is located in several buildings on Riddarholmen. Apart from the Wrangel Palace, which is the main building, it also has divisions in i.a. the Hessenstein Palace, the Stenbock Palace and the Schering-Rosenhane Palace. See also * Courts of appeal in Sweden The courts of appeal in Sweden ( sv, hovrätt) are the second instance on issues relating to criminal cases, contentious cases and ...
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Ian Brownlie
Sir Ian Brownlie (19 September 1932, Liverpool – 3 January 2010, Cairo) was a British barrister and academic, specialising in international law. He was Chichele Professor of Public International Law from 1980 to 1999. Early life and education Brownlie was born in Bootle, Liverpool; his father worked for an insurance company. He was evacuated during the Second World War to Heswell, near Wirral, going a year without any formal education after the local school was bombed. He attended Alsop High School. He then attended Hertford College, Oxford as a Gibbs Scholar in 1952 and received a first-class BA in law in 1953. Speaking of this time, C H S Fifoot described Brownlie his "ablest student". He was the Vinerian Scholar with the highest marks on the BCL. He was a Humanitarian Trust Student at King's College, Cambridge in 1955 where he studied public international law. He completed his DPhil at Oxford in 1961 under the supervision of Humphrey Waldock, his thesis being l ...
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Dissenting Opinion
A dissenting opinion (or dissent) is an opinion in a legal case in certain legal systems written by one or more judges expressing disagreement with the majority opinion of the court which gives rise to its judgment. Dissenting opinions are normally written at the same time as the majority opinion and any concurring opinions, and are also delivered and published at the same time. A dissenting opinion does not create binding precedent nor does it become a part of case law, though they can sometimes be cited as a form of persuasive authority in subsequent cases when arguing that the court's holding should be limited or overturned. In some cases, a previous dissent is used to spur a change in the law, and a later case may result in a majority opinion adopting a particular understanding of the law formerly advocated in dissent. As with concurring opinions, the difference in opinion between dissents and majority opinions can often illuminate the precise holding of the majority opi ...
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Academy Of Sciences Of The Czech Republic
The Czech Academy of Sciences (abbr. CAS, cs, Akademie věd České republiky, abbr. AV ČR) was established in 1992 by the Czech National Council as the Czech successor of the former Czechoslovak Academy of Sciences and its tradition goes back to the Royal Bohemian Society of Sciences (founded in 1784) and the Emperor Franz Joseph Czech Academy for Sciences, Literature and Arts (founded in 1890). The Academy is the leading non-university public research institution in the Czech Republic. It conducts both fundamental and strategic applied research. It has three scientific divisions, namely the Division of Mathematics, Physics, and Earth Sciences, Division of Chemical and Life Sciences, and Division of Humanities and Social Sciences. The Academy currently manages a network of sixty research institutes and five supporting units staffed by a total of 6,400 employees, over one half of whom are university-trained researchers and Ph.D. scientists. The Head Office of the Academy and ...
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International Chamber Of Commerce
The International Chamber of Commerce (ICC; French: ''Chambre de commerce internationale'') is the largest, most representative business organization in the world. Its over 45 million members in over 100 countries have interests spanning every sector of private enterprise. ICC's current chairman is Ajaypal Singh Banga and John W.H. Denton AO is the current Secretary General. ICC has three main activities: rule setting, dispute resolution, and policy advocacy. Because its member companies and associations are themselves engaged in international business, ICC has unrivalled authority in making rules that govern the conduct of business across borders. Although these rules are voluntary, they are observed in thousands of transactions every day and have become part of international trade. A world network of national committees in over 100 countries advocates business priorities at national and regional level. More than 3,000 experts drawn from ICC's member companies feed their know ...
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