Case Note: Eastern Sugar B.V. v. The Czech Republic
Article from: TDM 1 (2009), in Case Comments & Awards
Introduction
On 27 March 2007, an arbitral tribunal issued a partial award in Eastern Sugar B.V. v. The Czech Republic (Eastern Sugar) , finding that the respondent had violated the bilateral investment treaty between the Czech Republic and the Netherlands (BIT)[1] and awarding Eastern Sugar B.V. (Eastern Sugar or claimant) over 25 million in damages.[2] After dismissing the objections to jurisdiction made by the Government of the Czech Republic (Czech Republic or respondent),[3] the tribunal concluded that the respondent's Third Sugar Decree violated Article 3 (1) of the BIT, ...