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As of 2024, the legal protection of foreign direct investment under public international law is guaranteed by a network of more than 2,750 bilateral investment treaties (BITs), multilateral investment treaties, such as the Energy Charter Treaty, and free trade agreements, such as the North American Free Trade Agreement (NAFTA). Most of these ...
Nowadays many countries have adopted arbitration laws based on the UNCITRAL Model Law on International Commercial Arbitration. This works with the New York Convention so that the provisions on making an enforceable award, or asking a court to set it aside or not enforce it, are the same under the Model Law and the New York Convention.
As of 27 July 2012, 246 of 390 registered arbitration cases were concluded, as of 30 June 2012, ICSID tribunals had resolved nearly two thirds (62%) of disputes while the remainder (38%) were settled or discontinued. [14]: 13 As of 14 May 2016, 362 of 574 (62%) registered arbitration cases were concluded. [15]
Working Group III: Reform of investor-state dispute settlement (ISDS) was constituted in 2017 and has been meeting since then twice or three times a year in Vienna and New York. [5] The working group is of particular significance to states with international investment agreements and its work consists in helping states negotiate the reform of ISDS.
In addition, NYIAC organizes educational events and focuses on advancing and promoting international arbitration in New York by inviting practitioners to be involved. [1] It is located in New York City. [2] The center was established following a recommendation by a task force of the New York State Bar Association ("NYSBA") in 2011. [3]
Arbitration agreements and arbitral awards are enforced under the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of 1958 (the "New York Convention"). [2] The International Centre for the Settlement of Investment Disputes (ICSID) also handles arbitration, but it is limited to investor-state dispute ...
The American Arbitration Association (AAA) is a non-profit organization focused in the field of alternative dispute resolution, providing services to individuals and organizations who wish to resolve conflicts out of court, and one of several arbitration organizations that administers arbitration proceedings.
UNCTAD, International Investment Rulemaking: Stocktaking, Challenges and the Way Forward, New York and Geneva, 2008. Rudolf Dolzer, Ursula Kriebaum, and Christoph Schreuer, Principles of International Investment Law, 3rd edition, Oxford University Press, 2022. Peter T. Muchlinski, Multinational Enterprises & The Law, Oxford University Press, 2007.