Czech Republic Wins 4 Cases Over Solar Energy Incentives
Law360 (May 17, 2019, 6:48 PM EDT) -- The Czech Republic has prevailed in arbitration over changes to renewable energy subsidies initiated by four European Union investors that claimed they were owed more than $21 million, after an international tribunal concluded those changes had been reasonable.
The tribunal, composed of Chairman Dr. Hans van Houtte, John Beechey CBE and Toby Landau QC, issued four awards Wednesday rejecting the claims asserted by the German companies Voltaic Network GmbH and Photovoltaik Knopf Betriebs-GmbH, the Cypriot company WA Investments-Europa Nova Ltd. and the U.K.-based I.C.W. Europe Investments Ltd., all of which had invested in renewable energy plants in the Czech Republic....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!