Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10002817458
survey of a large sample of 1,660 bilateral investment treaties (BITs) identifies the main parameters of ISDS regulation in … practice. The survey finds among other things that many countries define the procedural framework thinly compared to advanced … treaties offer foreign investors a range of procedural choices, such as a choice between arbitration fora. The survey also …
Persistent link: https://www.econbiz.de/10009685837
Many governments have expressed concerns about the uncertainty linked to the perceived inconsistency of treaty interpretation in Investor-State dispute settlement (ISDS). An OECD-hosted intergovernmental investment roundtable has been considering a range of tools through which governments can...
Persistent link: https://www.econbiz.de/10011582200
Advanced systems of domestic corporate law generally apply a “no reflective loss” principle to shareholder claims. Shareholder claims are permitted for direct injury to shareholder rights (such as voting rights). But shareholders generally cannot bring claims for reflective loss incurred as...
Persistent link: https://www.econbiz.de/10010463415
Corporate law in advanced domestic legal systems on the one hand, and typical treaties for the protection of foreign investment on the other hand, treat claims for damages by company shareholders differently. Advanced domestic systems generally bar shareholders from claiming for reflective loss...
Persistent link: https://www.econbiz.de/10010463416
survey results of 2 107 investment treaties and 1 113 treaty-based arbitration cases in order to shed light on how (if at all …
Persistent link: https://www.econbiz.de/10010463418
Divestment by multinational enterprises is an important yet understudied phenomenon. The few available estimates indicate that about a fifth of all foreign affiliates are divested every five years. This paper presents the findings from a novel cross-country firm-level dataset with financial and...
Persistent link: https://www.econbiz.de/10012147280
This paper estimates a dynamic foreign direct investment (FDI) gravity model to explore the impact of corruption in general and the OECD Anti-Bribery Convention in particular. The evidence from previous studies in both domains is mixed, probably due to econometric inconsistencies and misuse of...
Persistent link: https://www.econbiz.de/10011695557
There is vigorous debate about reforms to address the balance between investor protection and the right to regulate in the over 3000 existing investment treaties. This paper first notes the growing trend to analyse particular treaty rules rather than treaties as a whole and the importance of...
Persistent link: https://www.econbiz.de/10011695559
The fair and equitable treatment (FET) provision has leapt to prominence in the last 15 years as the principal ground of liability at issue in many if not most investment treaty arbitration claims. In debates about the impact of investment treaties on the right to regulate, FET is second only to...
Persistent link: https://www.econbiz.de/10011695562