La clause de libre transfert figure généralement parmi les clauses protectrices des investissements des investisseurs étrangers prévues par les traités bilatéraux d’investissement (ci-après les « TBI »). Ce blog se focalisera tant sur le contenu de ce principe de protection que sur les restrictions légitimes pouvant y être apportées. Le contenu du principe de libre transfert Par […]
Investment Arbitration
Third-Party Funding Report Presented by Task Force
In Sydney, an ICCA-Queen Mary task force presented a third-party funding report for international arbitration. This 272-page report is rather comprehensive and a useful resource for those interested in third-party funding and the issues it poses in the field of international arbitration. The first two chapters provide a summary of the current state of the market […]
United Arab Emirates to Approve New Arbitration Law
The UAE parliament[1] has approved a new arbitration law based on the UNCITRAL Model Law. The Cabinet of Ministers will make a final review of the new UAE arbitration law and, afterwards, it will enter into force once the Supreme Council and Sheikh Khalifa Bin Zayed Al Nahyan sign it. Experts do not expect any more in-depth […]
International Arbitration in V4 Countries
V4 Countries, also known as the Visegrad Group, is a political and cultural alliance formed in 1991 by four Central European countries – the Czech Republic, Hungary, Poland and Slovakia. International arbitration in V4 countries is not a centralised matter. Consequently, this area is subject to the legislation of each State. This blog provides a […]
The Notion of Going Concern in International Arbitration
In one of our previous blogs, we provided several methods used in international arbitration to estimate damages caused by treaty violations by host States. This article will focus on one of those methods, the income method (commonly known as the discounted cash flow ‘DCF’ method) and, in particular, on the notion of a ‘going concern’ for […]
Renewable Energy Investment Arbitrations
Many renewable energy investment arbitration disputes have been initiated over recent years, including the cases Charanne and Construction Investments v. Spain, SCC Case No. V 062/2012, Eiser Infrastructure Limited and Energía Solar Luxembourg S.à r.l. v. Kingdom of Spain, ICSID Case No. ARB/13/36, Mesa Power Group, LLC v. Government of Canada, UNCITRAL, PCA Case No. 2012-17 and others. While […]
Investor-State Dispute Settlement in Intra-EU BITs Is Incompatible with EU Law – Case C-284/16
On 6 March 2018, the Court of Justice of the European Union (“CJEU”) found that investor-State dispute settlement (“ISDS”) in intra-EU BIT’s is incompatible with EU law. The CJUE rendered the important Achmea judgment against the Opinion of the Advocate General Wathelet and found that: “Articles 267 and 344 TFEU must be interpreted as precluding a provision in an international agreement […]
ICSID Denunciation – Should Investors be Worried?
Arbitration is only possible when both the claimant and the respondent have consented to it. In Investment Treaty Arbitration specifically, an investor can “perfect consent” by accepting an offer to arbitrate in an investment treaty. This article explores the significance of ICSID Denunciation in light of Fábrica de Vidrios Los Andes, C.A. & Owens-Illinois de Venezuela, C.A. […]
Arbitragem em Angola e Moçambique
A arbitragem no continente africano tem se desenvolvido nitidamente. Angola e Moçambique são exemplos de que o instituto tem se firmado como um dos meios preferidos de resolução de conflitos. Angola O ano de 2017 foi particularmente importante para Angola. Após décadas de inseguranças, o país finalmente aderiu à Convenção de Nova York, ratificada pela […]