Arbitration Awards | Czech Republic | Cross-Border Enforcement Center

Is this jurisdiction a party to the New York Convention?

Yes.

What is the approximate time required to register and enforce a foreign arbitration award if unopposed?

Approx. 6-12 months

What is the approximate time required to register and enforce a foreign arbitration award if opposed?

Approx. 1-2 years

What is the approximate cost of registering and enforcing a foreign arbitration award (including court fees and other disbursements) if unopposed?

The costs consist of a) court fees, b) official translation of the arbitration agreement and arbitration award to Czech language, and c) lawyer’s fee. For official translation and lawyer’s fee the price may vary. The court fee is 5% of the claimed amount.

What is the approximate cost of registering and enforcing a foreign arbitration award (including court fees and other disbursements) if opposed?

The costs consist of a) court fees, b) official translation of the arbitration agreement and arbitration award to Czech language, and c) lawyer’s fee. For official translation and lawyer’s fee the price may vary. The court fee is 5% of the claimed amount.

Are there any unusual difficulties in enforcing a foreign arbitration award?

The Supreme Court case law does not allow the foreign arbitration awards to be directly enforceable by means of execution proceedings. Thus, the foreign arbitration award must be enforced through the judicial execution procedure. The latter requires the creditor to specify the method of enforcement and to specify the property / estate of the liable party on which the enforcement shall take place. This altogether may lead to difficulties and delays in enforcing the arbitration award. However, the Chamber of Deputies discusses at the moment new amendment that would allow enforcement of foreign arbitration awards in execution proceedings.

Cross-Border Enforcement Center

Czech Republic

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