29 June 2022
Trumping International Investment Law
An Award rendered on 16 June 2022 by a Stockholm-seated Arbitral Tribunal unleashed a foreshadowed earthquake regarding intra-EU investment protection disputes. The Tribunal declined jurisdiction based on the intra-EU nature of the dispute, which arose after two Danish companies had invested in Spanish photovoltaic power plants. The Award rendered under the Energy Charter Treaty (ECT) and the arbitration rules of the Stockholm Chamber of Commerce (SCC) marks the first time an arbitral tribunal has denied its jurisdiction (ratione voluntatis) because of the intra-EU objection raised by the Respondent. Continue reading >>
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23 July 2020
The Africanization of International Investment Disputes – from Past to Present
The depiction of Third World resistance to investor-state dispute settlement as a homogeneous one is an oversimplification. While the plurality of Third World Approaches to International Law scholarship is emphasized by its name (“Approaches”), descriptions such as ‘Third World’ and ‘Global South’ tend to leave room for generalization and simplification. Such a simplification may easily discourage flows of much needed capital into African states. I will show that African states have been rather instrumental in shaping today’s ISDS regime and outline an African approach to international investment law. Continue reading >>
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