POSTS BY Toni Marzal

Is the BVerfG PSPP decision “simply not comprehensible”?

Upon reading the BVerfG’s bombshell PSPP decision, one cannot but be struck at how little it thinks of the quality of the legal reasoning of the CJEU with regards to the proportionality test. If one is to judge others so harshly, it is wise to make sure that one’s own position is irreproachable. The BVerfG failed to do so.

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We Need to Talk About Valuation in ISDS

There is a remarkably solid consensus in ISDS about how damages should be calculated. But why indeed should we care about the technicalities of valuation? Toni Marzal argues that this is a key question of major legal and political significance, that ought to attract as much attention as the issues of arbitral jurisdiction or investor rights. Beyond the sheer figures awarded against States, there are several major reasons to get interested in quantum-related matters.

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