( March 19, 2025, 1:40 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on March 18 published an ad hoc committee’s decision rejecting an application by a Swiss company and its Czech subsidiary to annul an award dismissing their claims against the Czech Republic for harming their Prague real estate investment, finding the tribunal considered and rejected their arguments that a local mayor canceled a rezoning plan as “‘revenge’” after the claimants refused her demand for additional payments....