Universal, Regional, National – Ways of the Development of Private International Law in 21st Century



The paper deals with the implications arising from the Achmea judgment which are far reaching not only for the arbitration community. With regard to investment arbitration, the decision controversially excluded the possibility of arbitration agreements in BITs concluded between EU Member States. The lack of proper reasoning concerning individual arguments used by the CJEU is discussed. The judgment is also being taken as example of increasing practice where decisions are being made based on political needs rather than as a result of legal assessment.

Klíčová slova

Achmea; Case C-284/16; Investment Arbitration; Commercial Arbitration; (intra-EU) BIT; ICSID; EU Law Autonomy.


Communication from the Commission to the European Parliament and the Council Protection of intra-EU investment, COM/2018/547 final [online]. EUR-Lex. Published on 19 July 2018 [cit. 27. 12. 2019]. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52018DC0547

Declaration of the Representative of the Government of Hungary of 16 January 2019 on the Legal Consequences of the Achmea Judgment and on Investment Protection in the European Union [online]. European Commission website. Published on 17 January 2019 [cit. 18. 12. 2019]. https://www.kormany.hu/download/5/1b/81000/Hungarys%20Declaration%20on%20Achmea.pdf

Dragiev, D. 2018 In Review: The Achmea Decision and Its Reverberations in the World of Arbitration [online]. Kluwer Arbitration Blog. Published on 16 January 2019 [cit. 18. 12. 2019]. http://arbitrationblog.kluwerarbitration.com/2019/01/16/2018-in-review-the-achmea-decision-and-its-reverberations-in-the-world-of-arbitration/

Hrčka, D. Soumrak (nejen) investiční arbitráže? – Rozhodnutí SD EU C-284/16 a jeho důsledky. Bulletin advokacie. 2019, No. 7-8, pp. 42–46.

Stoyanov, M. Increased enforcement risk in intra-EU investment treaty arbitration [online]. Allen & Overy Legal & Regulatory Risk Note [cit. 18. 12. 2019]. https://www.allenovery.com/en-gb/global/news-and-insights/legal-and-regulatory-risks-for-the-finance-sector/europe/increased-enforcement-risk-in-intra-EU -investment-treaty-arbitration

Šturma, P. Budoucnost investiční arbitráže po rozsudku Achmea. Právnické listy. 2018, No. 2, pp. 23–27.