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-standard contracts. We rationalize the large scale standardization effort (by commercial codification and private standards) that …
Persistent link: https://www.econbiz.de/10014191830
This article examines the effect of regulatory competition in international arbitration law on the parties' choice of the place of arbitration – in other words, the extent to which countries that revise their arbitration statutes succeed in attracting parties to hold more arbitration...
Persistent link: https://www.econbiz.de/10013122679
Modern practice of international business requires companies to structure their corporate form into one which would be advantageous and safe for the management, growth and sustainability of business. However, when corporate structuring is used to avoid obligations of the company, the latter may...
Persistent link: https://www.econbiz.de/10013100548
cost-shifting rules in investment arbitration could be made more predictable by introducing standardization in the … assessment of such costs and a system of advance deposits for potential cost orders. This standardization could also remedy other …
Persistent link: https://www.econbiz.de/10013108739
Generally speaking, each individual jurisdiction has adopted its own approach concerning the rules on the determination of the governing law applicable in proceedings in international matters. In the international practice, arbitral panels usually distinguish four relatively autonomous areas...
Persistent link: https://www.econbiz.de/10013081363
It is a widely held assumption that sophisticated parties prefer arbitration over litigation in international agreements for three reasons. First, the flexibility granted by arbitration would allow parties to write dispute settlement clauses that are tailored to their individual preferences....
Persistent link: https://www.econbiz.de/10012901126
Over the years, the substantive content of international investment agreements (IIAs) has shifted to reflect political change and to respond to lessons learnt in investor-state dispute settlement (ISDS). With a focus on eight IIAs, selected with a view to geographical representativeness, this...
Persistent link: https://www.econbiz.de/10012850942
International investment law is undergoing a time of reflection, review and revision. Increasing dissatisfaction with the functioning of the current system that governs the protection of international investment and the wish to ensure that investment is channelled towards sustainable development...
Persistent link: https://www.econbiz.de/10012855101
This Article posits that international law on investment protection develops as a common law through adjudication of investor-state disputes. It reviews the three prevalent theories on the development of international law on investment protection. These three theories are (a) that investor-state...
Persistent link: https://www.econbiz.de/10013051834
DynCorp International, LLC, a U.S. company, and Aramco, a Saudi-owned corporation, entered into a contract for a computer system which was to be manufactured in the U.S. and installed at Aramco's facilities in Saudi Arabia. The contract contained a “choice of law” provision requiring the...
Persistent link: https://www.econbiz.de/10013052272