Squire Patton Boggs partner Rostislav Pekař has been appointed by the Czech Republic to the Panel of Arbitrators of the International Centre for Settlement of Investment Disputes (ICSID). Mr. Pekař becomes the firm’s third partner to be appointed to the ICSID Panel, joining Ali Gursel (for Turkmenistan) and Stephen Anway (for the Slovak Republic).
An autonomous international institution affiliated with the World Bank, ICSID is the world’s principal forum for resolving disputes between foreign investors and sovereign nations. The Panel of Arbitrators consists of individuals appointed by ICSID Member States and by the Chairman of the Administrative Council. There are currently 164 Signatory and Contracting States that have agreed to arbitrate investment disputes before ICSID.
Mr. Pekař, who is a partner in the firm’s International Dispute Resolution (IDR) Practice, will serve on the Panel for a term of six years. As an arbitrator, he is available for selection to ICSID tribunals and ad hoc committees.
Global co-leader of the IDR Practice, George von Mehren, commented: “We are delighted that the firm’s expertise in this field continues to be recognised. Rostislav’s appointment is testimony to his considerable experience and also the success of our practice, with his appointment increasing our presence on the ICSID Panel of Arbitrators.”
Mr. Pekař is recognized as a leading name in the Czech Republic by Who’s Who Legal (WWL), in association with Global Arbitration Review (GAR), in its “Arbitration 2022” guide.
Squire Patton Boggs was named “International Arbitration Practice of the Year” by Law360 in 2020. The firm is also recognized as a GAR 30 firm in Global Arbitration Review’s prestigious annual ranking of the top 30 international arbitration practices in the world.