JUDGMENT BY THE SWISS SUPREME COURT RENDERED ON 4 FEBRUARY 2005 IN CASE 4P.236/2004 *
Subject matter: (1) Exclusion of annulment action in arbitration clause
Finding: (1) By a specific clear agreement in the arbitration clause, parties outside Switzerland may exclude any action for annulment against the arbitral award.
Parties: Claimant: X. (English Company) Claimant’s counsel in the court proceedings: Prof. Pierre Lalive and Mr Matthias Scherer (Geneva) Respondents: National Property Fund Czech Republic Respondent’s counsel in the court proceedings: Mr Marc Ronca and Mr Christoph Kurth (Zurich)
Place of court proceedings: Lausanne, Switzerland
Applicable Law: Swiss Federal Statute on Private International Law (1987), Articles 190 and 192.
Place of Arbitration: Zurich, Switzerland
Arbitrators: Prof. Pierre Tercier, Chairman Mr Yves Derains Prof. Bernard Hanotiau
Date of Arbitral Award: 31 August 2004 (Uncitral Rules)
Table of Contents:
X. (English Company) v. National Property Fund (Czech Republic), Judgment by the Swiss Supreme Court rendered on 4 February 2005 in (1) Case 4P.236/2004
SUBJECT-MATTER: (1) Exclusion of annulment action in arbitration clause