The Resolution of International Investment Disputes: Challenges and Solutions

The Resolution of International Investment Disputes: Challenges and Solutions
ISBN-10
9077596526
ISBN-13
9789077596524
Category
Arbitration and award, International
Pages
305
Language
English
Published
2008
Publisher
Eleven International Publishing
Author
Mariel Dimsey

Description

This work deals with the current state of investment dispute resolution and analyzes the problems associated with investor-state arbitration. The author examines developments in the existing legal framework and looks at the mechanisms under existing domestic and international systems â?? such as judicial review and class actions â?? to see if these can be applied to investment dispute resolution. The author concludes that the features of traditional arbitration are not flexible enough to meet the needs of this modern form of international dispute resolution. Investment arbitration is now entering a new phase of its development. The traditional, typically arbitration-related issues of consent, privity, and confidentiality are making room for the now more important questions of disclosure, transparency, legal certainty, and consistency. The author calls for setting up a "model procedure," specifically created for international investment disputes as this would enable the establishment of a "tailor-made" process for this ever-growing area of law.

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