Claims Over Blind Aids In Czech Republic To Proceed
Law360, New York (February 14, 2017, 5:14 PM EST) -- An international tribunal has ruled that it has jurisdiction to consider treaty claims lodged against the Czech Republic by a British company that supplies compensation aids to the blind and visually impaired.
The tribunal said Thursday that it would allow A11Y Ltd.'s expropriation claims to proceed, according to a person familiar with the matter. Other claims stemming from provisions of a particular clause contained in the Czech Republic's bilateral investment treaty with the U.K. — under which the arbitration had been brought — were rejected.
The case is proceeding under the rules of the United Nations Committee on International Trade Law...
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