LW6160E - Investor-State Dispute Settlement | ||||||||
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* The offering term is subject to change without prior notice | ||||||||
Course Aims | ||||||||
In practice, international investment agreements (IIAs) entail conflicts of interest between the investor and the host state over the nature of the control that could be exercised over the foreign investment. Essentially, the investor’s interest is to control its investment within a stable and predictable legal regime, while the host state seeks to exert its sovereign power to define its policies. Investor–state arbitration is deemed to be a crucial feature of foreign investment protection because it provides access to a neutral forum for the settlement of disputes. Investor–state arbitration is not only an alternative to the domestic courts of the host state, but also a technique that ‘depoliticises’ the disputes, by removing them from the intergovernmental political relationship between the home state and the host state. The course on “Investor-State Dispute Settlement” would be more than a course on arbitration. In fact, it is designed as a specialized course which pays attention to the great specifity of Investor-State Dispute Settlement. The principal objective of the course is to familiarize the participants with the negotiation, formulation and interpretation of investment treaties with particular emphasis on dispute resolution, valuation of damages and enforcement. The students will acquire the knowledge of the basics of investment treaty laws, contracts and on how and when to initiate arbitration proceedings against entities that violate investment agreements. The goal is to enable the students to learn the art of creating an investment climate crucial for stimulating economic activity through bilateral investment treaties and investment contracts. At the end of the training students will be equipped to protect and promote the economic and financial interests of private and public stakeholders. By the end of this course, students will be able to: • Discuss initial steps in the management of a case • Learn what must be decided at the first procedural hearing • Consider the importance of designating a place of arbitration, because in a non-ICSID case the law of the place of arbitration will govern the amount of assistance that local courts will give the arbitration and the applicable set-aside rules • Consider the appropriate role of a tribunal secretariat in administering arbitral proceedings • Identify the reasons parties might seek to enjoin arbitral proceedings • Identify the reasons that parties might seek provisional measures • Consider the kinds of provisional measures that arbitral tribunals can order • Consider when and why similar cases should be consolidated | ||||||||
Assessment (Indicative only, please check the detailed course information) | ||||||||
Continuous Assessment: 20% | ||||||||
Examination: 80% | ||||||||
Examination Duration: 3 hours | ||||||||
Detailed Course Information | ||||||||
LW6160E.pdf | ||||||||
Useful Links | ||||||||
School of Law |