Representative of Descendants of Oswald Weiss and U.S. Company in Czechoslovakia
Lead NCPUnited States
Supporting NCP(s)Czech Republic, Germany
DescriptionThis specific instance concerns the alleged non-observance of the OECD Guidelines by a U.S.-headquartered private equity firm in then Czechoslovakia.
Theme(s)General policies, Human rights
Date24 May 2017
Host country(ies)Czech Republic
Industry sectorManufacturing

Read the final statement issued by the US NCP – 20 September 2017

The U.S. National Contact Point (U.S. NCP) for the OECD Guidelines for Multinational Enterprises (the Guidelines) did  not offer mediation services between the parties - an individual acting for descendants of Oswald Weiss, and a U.S.-headquartered private equity firm (herein referred to as the “Company”) - regarding conduct linked to events in then Czechoslovakia.

The US NCP concluded that the specific instance concerns conduct prior to the adoption of the Guidelines in 1976, which NCPs are not designated to assess, and involves conduct that is beyond the scope of the Guidelines. Therefore, the issues raised would not further the effectiveness of the Guidelines.