Search results for "arbitration"
showing 10 items of 56 documents
Recent Developments in International Investment Law
2016
International investment law remains a fast evolving and vibrant field of law with ongoing and recently-concluded investment treaty negotiations continually altering the status quo. It is a system at a crossroads of reform, generally focused on safeguarding the right of the host state to regulate and on improving the investor-state dispute settlement (ISDS) mechanism. But reform may also come into play in more far-reaching ways and significant changes are likely to see the day in the near future. One such change concerns the institutional architecture of the resolution of investment disputes, with the possible establishment of a permanent investment court and/or the introduction of an appel…
Effectiveness of Corruption Defence Strategy by the host states under ICSID Arbitration
2020
The corruption phenomena have been a dominant and well-known challenge for international investment and trade in general. However, this challenge achieved a more tangible scale of problematics due to the host state willingness to bypass investment protection mechanisms such as relevant BIT in order to conduct expropriation without legal and economic consequences. As a result, Corruption Defence Strategy was invented. Such a defence strategy implementation under ICSID Arbitration seemed to be sufficient enough to deny a jurisdiction and make the host state to win a case. Respectively, the core issue that is explored is the evaluation of justice achievement by the ICSID Arbitration in the cas…
Las ADR en la justicia del siglo XXI, en especial la mediación
2011
El presente ensayo busca exponer en torno a experiencias poco analizadas por los sistemas jurídicos europeos de corte continental, pero muy bien conocidas por los sistemas anglosajones. El objetivo trazado es fomentar el debate en torno a estas alternativas para la resolución de los conflictos en la sociedad, con especial atención a la mediación.
De como la incorporación de las ADR convierte el Derecho Procesal en Derecho de los medios de tutela del ciudadano (How the Incorporation of ADR in P…
2012
Spanish Abstract: La nueva realidad que la sociedad global nos presenta destaca un dato indudable: los procesos judiciales y los tribunales del Estado se muestran en la actualidad desbordados, sobredimensionados en todos los sectores del ordenamiento juridico (personal, material, presupuestario) y han experimentado, paralelamente a la sofisticacion de la litigiosidad, una imposibilidad de asumir con todas las garantias el derecho a la tutela judicial efectiva. Esa profusion de la conflictividad en calidad y cantidad es el dato innegable desde el que hay que afrontar un nuevo escenario de la solucion de conflictos y de la resolucion de la litigiosidad que, allende los tribunales de justicia …
On Ibn Ezra's Procedure and Shapley Value
2014
We examine ibn Ezra's procedure (Rabinovitch 1973; O'Neill 1982) historically used to solve the Rights Arbitration problem in the general framework of bankruptcy problems. When the greatest claim is larger than or equal to the estate, the procedure is a maximal game (Aumann 2010). However, when the greatest claim is smaller than the estate, the axioms of efficiency (the whole estate is distributed) and satiation are difficult to satisfy simultaneously. We discuss both axioms to show that their importance and necessity are radically different. From then, for the part of the estate not covered by the greatest claim, we examine four possible procedures: the minimal overlap rule, Alcalde et al.…
Investment Arbitration and the Controverted Right of the Arbitrator to Issue a Separate or Dissenting Opinion
2018
Abstract Although dissents are not generally encouraged in international arbitration, they are a reality of investment treaty disputes. About one in five cases includes at least one separate or dissenting opinion. The ICSID Convention is rare among investment arbitration rules to expressly recognise the right of the arbitrator to attach his or her personal opinion to the award. Other investment arbitration rules are silent on the topic. And yet dissenting opinions are an established feature of several international courts and tribunals and their role is often viewed more benevolently than in investment arbitration. The article explores the perceived advantages and disadvantages of dissents …
Trade law and trade flows
2019
This paper develops and estimates a model to study the effect of improving the quality of commercial trade law on trade flows. We focus on improvements aimed to privately resolve disputes among trading partners: international commercial arbitration and conciliation. The main novelty of the model is to explicit the balance between the contractual quality of importer and exporter (contractual distance) in an environment with informational frictions (contractual noise). Using a structural gravity estimation with high‐dimensional fixed effects, the main contribution of the empirical exercise is to confirm previous results and unravel new traits that align with our theoretical results. Arbitrati…
El rrgimen jurrdico del arbitraje comercial internacional en Bolivia (The Legal Regime of International Commercial Arbitration in Bolivia)
2014
Spanish Abstract: El presente articulo analiza en profundidad la actual situacion del tratamiento del arbitraje comercial internacional en Bolivia, sus tendencias y las dificultades que afronta. El trabajo estudia de manera critica las soluciones aportadas por la Ley 1770 de conciliacion y arbitraje, su ambito y lagunas. English Abstract: This Article studies in depth the current situation of the legal regime of International Commercial Arbitration in Bolivia and its trends and difficulties. It analyzes in a critical manner the different solutions provided by the Act 1770 on Arbitration and Conciliation, their scope and gaps.
ADR Mechanisms and Their Incorporation into Global Justice in the Twenty-First Century: Some Concepts and Trends
2014
The State and State courts have been approached for centuries as the almost only available instruments to ensure access to justice to citizens; that is to guarantee the right to an effective remedy before an independent and impartial tribunal previously established by law within a reasonable time. A monopoly for the State in the field of dispute resolution has existed to the extent that despite the long presence of non-judicial instruments of dispute resolution in many jurisdictions, they have been traditionally considered as marginal in most countries and have lacked real implementation by citizens and legal actors.Unfortunately, the situation is not fully satisfactory. State courts have b…
Economic sanctions in international arbitration
2018
Historically, economic sanctions, as options of foreign policy, are aimed on changing the behavior of the target state and its regime. In a very extreme situation, economic sanctions can be used in a comprehensive manner, which means prohibiting all kinds of financial transactions with the sanctioned state. The aforesaid policy necessarily constitutes a significant influence on the commercial relations between individuals within a sanctioned state and their international contractual relations. The imposed sanctions can cause obstacles for performing contractual obligations, s can lead to the disputes in international arbitration. Nowadays, the issue of sanctions in international arbitration…