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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 ...
The Philip Morris v.Uruguay case (Spanish: Caso Philip Morris contra Uruguay) was an investor-state dispute settlement case initiated on 19 February 2010 and concluded on 8 July 2016, in which the multinational tobacco company Philip Morris International (PMI), whose head office is located in Lausanne, [1] lodged a complaint against Uruguay that was resolved by international arbitration under ...
Bilateral investment treaties (BITs) proliferated during the first decade of the 21st century, reaching more than 2,500 by 2007. Many such treaties contain text that refers present and future investment disputes to ICSID. [13] As of 30 June 2012, ICSID has registered 390 disputes.
M. Sornarajah, The International Law on Foreign Direct Investment, Cambridge University Press, 2004. Catharine Titi, The Right to Regulate in International Investment Law, Nomos and Hart, 2014, ISBN 9781849466110. Journal of International Arbitration, Kluwer Law International. Recent developments in international investment law August Reinisch, Ed.
International arbitration is an alternative to local court procedures. International arbitration has different rules than domestic arbitration, [6] and has its own non-country-specific standards of ethical conduct. [7] The process may be more limited than typical litigation and forms a hybrid between the common law and civil law legal systems. [8]
His work experience contributes to elaborate legal theory and research on international arbitration law, especially on the subjects related to Investment Law and Arbitration , Energy Charter Treaty (ECT) and Anti-Suits Injunctions. Many of his books and articles are cited as references on these topics (listed below).
The treaty was adopted on 10 December 2014 by United Nations General Assembly resolution 69/116 during the sixty-ninth session of the General Assembly. It has been signed by 22 states. It entered into force on 18 October 2017 after it had been ratified by its third state.
the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration (2015) the United Nations Convention on International Settlement Agreements Resulting from Mediation (the Singapore Convention on Mediation) (2018) the United Nations Convention on the International Effects of Judicial Sales of Ships (2022)