International Investment Arbitration

Author: Campbell McLachlan
Publisher: Oxford University Press, USA
ISBN: 0199676801
Release Date: 2017-09-07
Genre: Law

This is the long-awaited second edition of this widely-referenced work on the substantive law principles of investment treaty arbitration. It forms a detailed critical review of the substantive principles of international law applied by investment arbitration tribunals, and a clear and comprehensive description of the present state of the law. The first edition met with immediate success as a result of the authors' achievement in describing and analyzing the volume of law created, applied and analyzed by tribunals. The second edition is fully updated to take account of the arbitration awards rendered in the period since 2007. Written by an internationally recognized author team, it is now the most comprehensive and up to date work in its field and no practitioner or academic can afford to be without it. Key areas of coverage include: the instruments under which investment disputes arise; the legal basis of treaty arbitration; dispute resolution and parallel proceedings; who is a foreign investor, including nationality issues and foreign control; what is an investment; investors' substantive rights, including fair and equitable treatment; expropriation; compensation and remedies. Arbitration of overseas investment disputes is one of the fastest growing areas of international dispute resolution. The exponential growth of international investment in recent years has led to the signature of over two thousand Bilateral Investment Treaties (BITs) between foreign states, in addition to a wealth of multilateral treaties and other forms of concession agreements. The legal principles that have developed in this area are subject to intense debate, and are still in a state of flux. While tribunals routinely state that they are applying principles of public international law to determine disputes, many of the principles applied have only been developed recently in the context of investment treaty arbitrations, and tribunals are often guided more by the approaches taken by other tribunals, than by pre-existing doctrines of public international law. International Investment Arbitration: Substantive Principles is an important contribution to the collection and codification of the current state of practice in this field.

International and European Law Problems of Investment Arbitration involving the EU

Author: Peter Ratz
Publisher: Nomos Verlag
ISBN: 9783845286327
Release Date: 2017-09-29
Genre: Law

Mit dieser Arbeit legt der Autor die erste monographische Behandlung der Frage vor, inwiefern völker- und europarechtliche Probleme dazu führen, dass Schiedsverfahren nach von der EU abgeschlossenen Investitionsschutzabkommen einen geringeren Schutzstandard gewähren als "reguläre" BITs. Der Autor gelangt zu dem Ergebnis, dass Schiedsverfahren nach EU-Investitionsschutzabkommen tatsächlich einen niedrigeren Schutzstandard gewähren. Dies hängt mit Problemen der Vollstreckung von Schiedssprüchen und Unterschieden hinsichtlich der materiellen Verpflichtungen der EU und der Mitgliedstaaten zusammen, die zu Schutzlücken für Investoren führen. Der wichtigste Faktor ist allerdings die Rechtunsicherheit, die daraus resultiert, dass die in bisher von der EU abgeschlossenen Investitionsschutzabkommen enthaltenen Streitbeilegungsregeln nicht den Vorgaben des EuGH entsprechen.

International Investment Arbitration

Author: Johan Billiet
Publisher: Maklu
ISBN: 9789046607961
Release Date: 2016
Genre: International commercial arbitration

Investment Arbitration is a multi-billion dollar venture. It is an area of international dispute resolution, which has undergone tremendous growth in recent years and resulted in the signature of thousands of Bilateral Investment Treaties (BITs) between foreign states and several Multilateral Investment Treaties (MITs). Numerous disputes involving these instruments are resolved through international arbitration. Arbitral tribunals have rendered many awards ordering the payment of large sums of money. This handbook provides an explanatory introduction into the area of investment arbitration, differentiating it from commercial arbitration and state-to-state arbitration. It examines the legal framework and the general course of an international investment arbitration. In particular, it focuses on the standards of protection in international investment agreements, the concept of jurisdiction in international investment arbitration and the arbitral award, including the notions of recognition, enforcement and execution. Moreover, this cutting-edge publication contains relevant and recent case law in the area and deals with contemporaneous issues such as the ongoing controversy regarding the future of Intra-EU BITs and Free Trade Agreements as well as the link between vulture funds and investment arbitration. The handbook aims at arbitrators, lawyers, practitioners, academics, students and everyone with an interest in international investment arbitration.

Arbitration Under International Investment Agreements

Author: Katia Yannaca-Small
Publisher: Oxford University Press on Demand
ISBN: 9780195340693
Release Date: 2010
Genre: Law

Investor-state arbitration is a relatively new dispute settlement mechanism that allows foreign investors the opportunity to seek redress for damages arising out of breaches of investment-related treaty obligations by the governments of host countries. Claims are submitted to independent, international arbitration tribunals, which are called upon to interpret the treaty at hand. Because of the public interest involved in these cases, the awards of these tribunals are subject to much scrutiny and debate. Thus, it has already generated hundreds of cases and created new legal disciplines, inspiring a continuous string of legal writings. This book provides a comprehensive analysis of the main issues that arise in investor-state arbitration. It accompanies the reader through the phases of such a procedure, starting with an examination of the instruments, which provide, in the overwhelming majority of the cases, the legal basis for the requests for such arbitration. It then continues with the launching of the arbitration procedure, followed by the analysis of the main jurisdictional and substantive issues that the tribunals are confronted with, and the review procedures, when there is a request for setting aside of the award. It finally looks at the post-award phase and concludes with a reflection on the role of precedent in investment arbitration. Arbitration under International Investment Agreements: a Guide to the Key Issues contains in one volume what everybody needs to know on this evolving topic. Calling on the most renowned experts in this field, private practitioners, academics, government and international organization officials, it describes the process in all its phases from A to Z, providing a comprehensive insight in the way investor-state arbitration works from the perspective of the main actors involved. Its analyses of all key aspects of the topic are pragmatic and reliable.

International Investment Law and the Right to Regulate

Author: Lone Wandahl Mouyal
Publisher: Routledge
ISBN: 9781317408024
Release Date: 2016-03-10
Genre: Business & Economics

The book considers the ways in which the international investment law regime intersects with the human rights regime, and the potential for clashes between the two legal orders. Within the human rights regime states may be obligated to regulate, including a duty to adopt regulation aiming at improving social standards and conditions of living for their population. Yet, states are increasingly confronted with the consequences of such regulation in investment disputes, where investors seek to challenge regulatory interferences for example in expropriation claims. Regulatory measures may for instance interfere with the investment by imposing conditions on investors or negatively affecting the value of the investment. As a consequence, investors increasingly seek to challenge regulatory measures in international investment arbitration on the basis of a bilateral investment treaty. This book sets out the nature and the scope of the right to regulate in current international investment law. The book examines bilateral investment treaties and ICSID arbitrations looking at the indicative parameters that are granted weight in practice in expropriation claims delimiting compensable from non-compensable regulation. The book places the potential clash between the right to regulate and international investment law within a theoretical framework which describes the stability-flexibility dilemma currently inherent within international law. Lone Wandahl Mouyal goes on to set out methods which could be employed by both BIT-negotiators and adjudicators of investment disputes, allowing states to exercise their right to regulate while at the same time providing investors with legal certainty. The book serves as a valuable tool, an added perspective, for academics as well as for practitioners dealing with aspects of international investment law.

Good Faith in International Investment Arbitration

Author: Emily Sipiorski
Publisher: Oxford University Press, USA
ISBN: 0198826443
Release Date: 2018-08-12
Genre:

Written by a leading legal researcher, this book offers a comprehensive study of the principle, a frequently invoked but rarely analysed aspect of investment arbitration. Good Faith in International Investment Arbitration is a thorough and expansive study that considers the application of goodfaith by arbitral tribunals and parties in international investment disputes, encompassing both procedural and substantive aspects of good faith. Expertly negotiating a complex principle, this book diligently follows the arbitral process from jurisdiction through merits and to cost decisions, identifying the various applications of good faith in investment disputes. The author offers detailed analyses of the role of good faith in definingnationality and investor as well as in pre-dispute admissibility requirements. The study then delves into the ways the principle guides parties' arguments and informs tribunals' decisions regarding evidence, substantive protections, and costs. It further addresses the role of good faith in thebehaviour of arbitrators and other actors. This is an essential guide for anyone wishing to understand this important principle that has accompanied the developing system of international investment law.

International Investment Law and Water Resources Management

Author: Ana Maria Daza-Clark
Publisher: BRILL
ISBN: 9789004335301
Release Date: 2016-12-01
Genre: Law

In International Investment Law and Water Resources Management, Daza-Clark offers an appraisal of indirect expropriation, including an analysis of the doctrine of police power.

The Oxford Handbook of International Investment Law

Author: Peter Muchlinski
Publisher: Oxford University Press on Demand
ISBN: 9780199231386
Release Date: 2008
Genre: Law

This work offers a comprehensive account of the current state and likely future developments of international investment law. Its broad range covers conceptual, substantive and procedural issues. Containing specially commissioned essays by leading experts in the field, this book will be of interest to both scholars and practitioners.

Streitschlichtungsklauseln in Investitionsschutzabkommen

Author: Lars Markert
Publisher: Nomos Verlagsgesellschaft
ISBN: 3832961364
Release Date: 2010
Genre: Arbitration agreements, Commercial

Die Absicherung von Direktinvestitionen im Ausland erfolgt heutzutage in erster Linie uber volkerrechtliche Investitionsschutzabkommen und die in ihnen enthaltene Befugnis des Investors, seine Rechte in einem internationalen Schiedsverfahren gegen den auslandischen Gaststaat der Investition durchzusetzen. Das Buch erlautert erstmals detailliert und systematisch Anwendungsbereich und Rechtswirkung von Streitschlichtungsklauseln in Investitionsschutzabkommen. Dabei wird aufgezeigt, wie diese Klauseln Grundlage aber auch Grenzen der Befugnis, ein Investor-Staat-Schiedsverfahrens einzuleiten, darstellen. Die im Buch vorgenommene Differenzierung von Zustandigkeit (jurisdiction) und Zulassigkeit (admissibility) in Investitionsschiedsverfahren ermoglicht es, Streitschlichtungsklauseln erstmalig in ein dogmatisch stimmiges und zugleich praxisnahes Gesamtkonzept einzubetten. Dieses lasst sich auch auf das im Investitionsrecht hochst strittige Zusammenspiel von Streitschlichtungs- und Meistbegunstigungsklauseln ubertragen, dem am Ende des Buches ein eigenes Kapitel gewidmet ist. Der Autor ist Rechtsanwalt in einer renommierten Wirtschaftskanzlei und publiziert und berat regelmaaig zu Fragen des Investitionsschutzes.

Jenseits der Menschenrechte

Author: Anne Peters
Publisher: Mohr Siebeck
ISBN: 3161527496
Release Date: 2014-04-09
Genre: Law

Grundthese des Buches ist, dass ein Paradigmenwechsel stattgefunden hat, der den Menschen zum primaren Volkerrechtssubjekt macht. Diese These wird vor dem Hintergrund der Ideengeschichte und Dogmatik der Volkerrechtspersonlichkeit des Menschen entfaltet und auf die Rechtspraxis in zahlreichen Teilrechtsgebieten, angefangen vom Recht der internationalen Verantwortung uber das Recht des bewaffneten Konflikts, das Recht der Katastrophenhilfe, das internationale Strafrecht, das internationale Umweltrecht, das Konsularrecht und das Recht des diplomatischen Schutzes, das internationale Arbeitsrecht, das Fluchtlingsrecht bis hin zum internationalen Investitionsschutzrecht gestutzt. Der neue Volkerrechtsstatus des Menschen wird mit dem Begriff des subjektiven internationalen Rechts auf den Punkt gebracht.

Investor Staat Schiedsverfahren nach Europ ischem Unionsrecht

Author: Juliane Ahner
Publisher: Mohr Siebeck
ISBN: 3161537270
Release Date: 2015-03-26
Genre: Law

Juliane Ahner untersucht die Reichweite der Kompetenz der Europaischen Union fur ein Investor-Staat-Schiedsverfahren fur Auslandsinvestitionen sowie mogliche primarrechtliche Beschrankungen. Dabei kommt sie zu dem Ergebnis, dass die Union gemischte Investitionsabkommen gemeinsam mit den Mitgliedstaaten abschliessen muss. Die ausschliessliche Zustandigkeit des Europaischen Gerichtshofs fur die Auslegung und Anwendung der Vertrage und die Autonomie der Unionsrechtsordnung stehen der Unterwerfung unter ein Investor-Staat-Schiedsverfahren nicht entgegen. Juliane Ahner stellt fest, dass die Union nicht alle bestehenden Schiedsverfahren nutzen kann und einige Verfahrensregeln modifiziert werden sollten. Vor dem Hintergrund drohender Schadensersatzanspruche von Investoren gegenuber der Union und den Mitgliedstaaten entwickelt sie Regelungen fur die volkerrechtliche und die unionsinterne Haftung.

Consent in International Arbitration

Author: Andrea M. Steingruber
Publisher: OUP Oxford
ISBN: 9780191638190
Release Date: 2012-03-15
Genre: Law

Examining the notion, nature, and extent of consent in both commercial arbitration and investment arbitration, this book provides practitioners and academics with a thorough, case-related analysis of an issue which raises many questions. Whilst considering the evolution of arbitration and its consensual nature - enlargement of the parties' freedom to consent to arbitration, and development from commercial arbitration to investment arbitration - it addresses important theoretical questions to offer practical solutions. These include: how consent to arbitrate is expressed and when mutual consent to arbitration is reached; which law shall govern the arbitration agreement or, more particularly, consent as an element of the substantive validity of it; and, conversely, according to which law will a possible lack of consent be judged; how consent should be interpreted; which relationship exists between consent as part of the substantive validity of an arbitration agreement and its formal validity; which, if any, are the implied terms when consenting to arbitration; how consent to arbitrate influences procedural aspects (counterclaims, joinder, consolidation), and which solutions adopted by treaties, national laws or arbitration rules are, or would be, the most respectful of parties' consent in this respect; what in investment arbitration is the relationship between consent and most-favoured-nation clauses or the influence of umbrella clauses. The book includes original arguments and puts forward new suggestions with regard to the changeable consensual character of arbitration. It also provides a particular focus on problems that frequently arise in practice of international arbitration, for example issues related to complex multiparty arbitration and to jurisdictional questions in investment arbitration.

Korruption im Vertrag

Author: Olaf Meyer
Publisher: Mohr Siebeck
ISBN: 3161547071
Release Date: 2017-01-16
Genre: Law

English summary: Against the background of the current debate on "private enforcement," Olaf Meyer examines the effects of economic corruption on civil law. The author's two-fold aim is to reinforce the rights of corruption victims and at the same time increase liability risk for perpetrators. German description: Die effektive Bekampfung der Korruption hat sich in den letzten Jahren als rechtspolitisches Dauerthema etabliert. Im Mittelpunkt stand dabei bislang der Ausbau von Strafvorschriften, im zunehmenden Masse aber auch die boomende Compliance-Branche mit ihren zahlreichen neuen Anforderungen an die Unternehmensorganisation. Demgegenuber ist die Rolle privater Klagen in diesem Zusammenhang bislang nur wenig untersucht worden, obwohl in anderen Rechtsbereichen wie dem Kartell- oder dem Umwelthaftungsrecht die Diskussion um das "private enforcement" schon weit vorangeschritten ist. Vor diesem Hintergrund untersucht der Autor die zivilrechtlichen Folgen von Bestechungszahlungen, namentlich die rechtliche Durchsetzbarkeit der betroffenen Vertrage, die Moglichkeiten zur Gewinnabschopfung und die Pflicht zum Schadensersatz. Rechtsokonomische und rechtsvergleichende Betrachtungen runden die Untersuchung ab.

Human Rights in International Investment Law and Arbitration

Author: Pierre-Marie Dupuy
Publisher: Oxford University Press
ISBN: 9780199578184
Release Date: 2009
Genre: Law

There is a growing interplay between international investment law, arbitration and human rights. This book offers a systematic analysis of this interaction, exploring the role of principles of justice in investment law, comparing investment arbitration with other courts, and examining case studies on human rights.