Investment Treaty Arbitration

Judging under Uncertainty

Nonfiction, Reference & Language, Law, Arbitration, Negotiation, & Mediation, International
Cover of the book Investment Treaty Arbitration by Andrés Rigo Sureda, Cambridge University Press
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Author: Andrés Rigo Sureda ISBN: 9781139411738
Publisher: Cambridge University Press Publication: April 16, 2012
Imprint: Cambridge University Press Language: English
Author: Andrés Rigo Sureda
ISBN: 9781139411738
Publisher: Cambridge University Press
Publication: April 16, 2012
Imprint: Cambridge University Press
Language: English

Investment claims have exposed the vague nature of the standards by which arbitral tribunals are expected to adjudicate them and the policy reasons which explicitly or implicitly have an influence. The ad hoc nature of the tribunals and the decisions reached on various controversial issues have brought to the fore the issue of consistency. Andrés Rigo Sureda's Hersch Lauterpacht Memorial Lecture examines how arbitral discretion is exercised in the face of uncertainty of the law. It explores the choices made by arbitral tribunals as they approach treaty interpretation, as they search for limits in determining jurisdiction and the content of the standards of protection and as they search for consistency in the exercise of arbitral discretion.

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Investment claims have exposed the vague nature of the standards by which arbitral tribunals are expected to adjudicate them and the policy reasons which explicitly or implicitly have an influence. The ad hoc nature of the tribunals and the decisions reached on various controversial issues have brought to the fore the issue of consistency. Andrés Rigo Sureda's Hersch Lauterpacht Memorial Lecture examines how arbitral discretion is exercised in the face of uncertainty of the law. It explores the choices made by arbitral tribunals as they approach treaty interpretation, as they search for limits in determining jurisdiction and the content of the standards of protection and as they search for consistency in the exercise of arbitral discretion.

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