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Ivars Mēkons on The Crucial Moment for International Investment Law and Arbitration

by Ivars Mēkons Excerpt: Legal practitioners, as well as global corporations have quickly perceived the positive remedial character of bilateral investment treaties (" BITs ") against unfair sovereign conduct by host States. The caseload of international investment arbitration has grown...

Ivars Mēkons on Crucial Moment for International Investment Law

In the 1970s a large group of States attempted to subject protection of foreign investments to the overall interests of the Host State; they viewed any self-standing international rule for the protection of investments as obsolete. A problem now exists in the application of Bilateral Investment Treaties...