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Index

Published online by Cambridge University Press:  04 January 2024

Panos Merkouris
Affiliation:
Rijksuniversiteit Groningen, The Netherlands
Andreas Kulick
Affiliation:
Eberhard-Karls-Universität Tübingen, Germany
José Manuel Álvarez-Zarate
Affiliation:
Universidad Externado de Colombia
Maciej Żenkiewicz
Affiliation:
Nicholas Copernicus University of Toruń, Poland
Konrad Turnbull
Affiliation:
Rijksuniversiteit Groningen, The Netherlands

Summary

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2024
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This content is Open Access and distributed under the terms of the Creative Commons Attribution licence CC-BY-NC-ND 4.0 https://creativecommons.org/cclicenses/

Index

Abi-Saab, G., 8, 323
actual draft, 13, 15
admissibility of evidence, 25, 27
ALI/UNIDROIT principles, 29
ambivalent arbitral practice, 126128
Anti-Dumping Agreement, 214
applicable rules of law, 95, 99, 103
Argentina, 39, 54, 56, 60, 61, 65, 66, 279
Articles on State Responsibility for Internationally Wrongful Acts (ARSIWA)
compensation for material loss, 151
content of applicable rules
means of interpretation, 110113
textual approach, 105110
formal status of, 95100
interpretation, patterns of, 105110
justification, patterns of, 100105
law on State responsibility
interpretation of, 113116
unity of, 116120
proportionality, requirement of, 135
standard of compensation, 180
Austria, 166
award, 54
backward-looking methodology, 300
bankruptcy, 241
Belgium, 66, 67, 202, 217, 243
Berman, F., 138
bilateral investment treaties (BITs), 3
actual drafting, 13
fair and equitable treatment standard in, 190
FET obligation, 11
foreign investors, 261
legitimacy of, 264
remedies, 180
Bordin, F.L., 166
Born, G., 255
Bulgarian minorities, property of, 175176
burden of education, 42
burden of proof, 34, 206208, 244, 247, 269, 276, 277
Burkina Faso/Singapore BIT, 68
Canada, 16, 17, 19, 21, 55, 57, 58
Canada–United States–Mexico Agreement (CUSMA), 18
the Caroline incident, 170172
case-by-case approach, 117, 118
Cerro Negro Project, 59
Charter of Economic Rights and Duties of States (CERDS), 9, 237
Charter of the United Nations, 65, 67
Cheng, Bin, 81
Chicago Convention, 145, 146
China/Mexico BIT, 68
China–Australia Free Trade Agreement (ChAFTA), 227
Chorzów Factory case, 73, 81, 84, 179, 285288
calculating compensation, 299302
damages
after, 8183
before, 7781
present, 8486
restitution, 288292
Churchill, W., 210
Columbia Center on Sustainable Investment (CCSI), 235
commercial arbitration, influence of, 2932
Company General of the Orinoco, 173175
compensation. See also duty of compensation
Chorzów Factory case, 299302
equity. See equitable consideration
lawful expropriation, 293296
material loss, 151
Comprehensive Economic and Trade Agreement between the European Union and Canada (CETA), 4
FET clause, 1920
conflict of treaty norms, 213219
copper, 305
counterclaims, 148149
countermeasures
ambivalent arbitral practice, 126128
application of, 125
vs. counterclaims, 148149
customary requirements of, 134137
investors’ rights, 130134
lex specialis principle, 128130
as prior internationally wrongful act, 144145
US–Mexico sugar war, 126128
COVID-19 pandemic, 252, 253, 258, 259
classical practice, 253255
current prognosis, 256260
treaty and custom in, 234236
Crawford, J., 243
customary international law (CIL), 336344
constitutive elements of, 3337
functions of, 316323
identification, 46, 47, 5460
interpretation of, 312316
relevance of, 335336
State practice in, 5460
TWAIL approach, 323330
customary presumption
reasonable regulation of, 243245
systemic integration of, 246247
Czech Republic, 215, 217
damages
Chorzów decision
after, 8183
before, 7781
present, 8486
de Vattel, E., 233
decision-making process, 40, 99
declaratory-only award, 292293, 306
denial of justice principle, 6, 44, 318320
Denmark, 165
Discounted Cash Flow (DCF) method, 83, 301, 302, 304
Dolzer, R., 10
domestic courts
influence of, 2932
State practice in, 4753
Dominican Republic-Central America Free Trade Agreement (CAFTA-DR), 57, 277, 278
due process, 6, 20, 24
principle of, 18
procedural equity, function of, 209
duty of compensation
agnosticism, 163
assertions, 156158
assessment, 177178
Bulgarian minorities, property of, 175176
the Caroline incident, 170172
Company General of the Orinoco, 173175
deductions, 158162
denials, 162163
equivocal precedents, 167168
Gabčíkovo-Nagymaros, 176177
lost and found, 189195
material loss, 151154
missing practice, 164167
the Neptune, 168170
Orr and Laubenheimer, 172173
Eagleton, Clyde, 77
‘effective control’ test, 107, 117
electricity, 304
Energy Charter Treaty (ECT), 251
Environmental Impact Assessment (EIA), 272273
environmental liability, foreign investors, 280282
environmental protection, 139, 240, 275, 328, 341
environmental regulation, history of, 263265
equitable consideration
application of, 183
compensation, 185189
extrinsic limitations to, 204210
limitations, 195200
Eritrea-Ethiopia Claims Commission (EECC), 199
EU-Canada CETA, 41
European Court of Human Rights (ECtHR), 251, 254
expansive approach, 145148
expert witnesses, in investment arbitration, 23
expropriation
lawful, 293296
unlawful, 293296
fair and equitable treatment (FET), 3
actual drafting of, 15
CETA, 1920
emergence of, 1014
interpretations of, 16
tacit integration, 250252
fair market value, 294, 296, 301
financial regulation, 241
foreign investments
expropriation of, 185
importance of, 149
legal protections, 10
regulation of, 233, 237
regulatory authority, 238
settlement of, 46
foreign investors
assets owned by, 258
environmental liability of, 280282
investment protection for, 3
legal protection, 3, 10
minimum standard of protection to, 8
obligations of, 261263
rights of, 149
foreign-owned property, 174, 175
formalist analysis, 3337
forward-looking methodology, 301, 302
France, 166, 240
Free Trade Commission (‘FTC’), 16
gas, 305
Geneva Convention, 80, 86, 89
German-Venezuelan Commission, 243, 252
Germany, 165, 217, 240
gold, 305
gunboat diplomacy, 6
Hague Conference (1930), 241
Harvard Draft (1961), 241
health, 241
Heathcote, S., 175
Herz, J.H., 80
Higgins, R., 243
host States
power of, 141144
procedural implications for, 274275
Hudson, M.O., 80
human rights protection, 139, 239
ILC Draft Conclusions, 35
illegal expropriations, 74, 76, 84, 88
income-based methodology, 301
India, 111, 338
Indian Model BIT, 22
infra legem equity, 187, 189, 195, 200
intrinsic limitations to, 200204
International Court of Justice (ICJ), 27, 34
expansive approach, 145148
judges of, 42
International Finance Corporation (IFC), 267
International Institute of Sustainable Development (IISD), 267
International Investment Agreements (IIAs), 54, 71
International Law Commission (ILC), 33, 180
duty of compensation, 165
international law experts, 26
investment arbitration, 29
investment protection treaties
countermeasures, interaction of, 137141
investors’ rights, 130134
investment regulation, 236237
investment treaty arbitration, 155, 234236
exceptional character of, 237238
investor obligations, 276280
investors’ rights
host States, power of, 141144
nature of, 130134
investor-State arbitration, 21, 119, 127, 143, 276280
investor-State dispute settlement proceedings (ISDS), 54, 212
challenge of, 60
State practice in, 5460
Iran-U.S. Claims Tribunal (IUSCT), 82
Iran-United States Claims Tribunal, 241
iura novit arbiter principle, 42
Jay Treaty (1974), 169, 190
Jennings, J., 202
joint review panel (JRP), 274
Latin America, 6, 338
law on State responsibility
equitable considerations in, 189195
interpretation of, 113116
unity of, 116120
lawful expropriation. See expropriation
legal experts
admissibility, 32
appointment of, 27
battle of, 26
scarcity of, 28
testimonies, 35
use of, 30
witnesses, 34, 37, 43
legal experts, types of, 26
legal opinions, in investment arbitration, 2529
leges specialis, 1920
legitimacy, struggle for, 4044
lex specialis principle, 128130
countermeasures, interaction of, 137141
licensing, 241
Lisbon Treaty, 216
Lowe, V., 248
Luxembourg, 217
market-based methodology, 301
material loss, compensation for, 151154
Merkouris, P., 159, 201, 316
Mexico, 17, 58, 127, 131, 135, 136, 141, 144
Mexico/Singapore BIT, 68
minimum standard of treatment (MST)
concept of, 34
customary status of, 316323
historical foundation of, 57
Newly Independent States, challenges, 810
return of, 1418
Multifibre Arrangement (MFA), 214
national law experts, 26
natural resources sector, case of, 302305
the Neptune, 168170
Netherlands, 21, 165, 215, 217, 243
Neuberger, L., 207
New International Economic Order (NIEO), 264, 310, 339
Newly Independent States, 810
Nigeria–Morocco BIT, 266, 267, 275, 276, 281
North American Free Trade Agreement (NAFTA), 7, 15, 264
arbitration proceedings, 16
claims of breaches, 129
Commission, 221
interpretation of, 55
Parties, 16
US breaches of, 140
OECD Draft Convention (1967), 11, 240
Organisation for Economic Cooperation and Development (OECD), 5, 11, 12, 45
Orr and Laubenheimer, 172173
Paddeu, F., 344
Pan African Investment Code (PAIC), 267
Paparinskis, M., 141, 198
party-appointed expert witnesses, 24, 25
Paulsson, J., 43
Permanent Sovereignty over Natural Resources (PSNR), 237, 264
Poland, 166, 217
police powers doctrine, 233, 236, 237, 249, 250, 253, 259, 260
development of, 240243
post-award proceedings, 46, 47, 54
State practice in, 6069
power plants, 304
pre-award interest, 300
precautionary principle, 268272
principle of proportionality, 192, 198
prior internationally wrongful act, 144145
public health emergency of international concern (PHEIC), 256
quantum/industry experts, 26
racial discrimination, 34
Ramsar and Biodiversity Conventions, 277
reasonable regulation, presumption of, 243245
renewable energy power plants, 306
renewable energy sector, 305
restitution, 288292
Return of the State, 21
rights of foreigners, 6
rights of investors. See investors’ rights
Rio Declaration, 268
Roberts, A., 226
Root, Elihu, 7
Russia, 165, 210
SADC Model Treaty, 276
satisfaction, 289, 292
Schreuer, C., 10
Second World War, 7, 9
Singapore/Colombia BIT, 68
Slovak Republics, 217
South African Development Community (SADC) Model BIT, 267
Spanish Treaty Claims Commission of 1901, 78
standard of compensation, 84
State practice
CIL identification, 5460
ISDS, 5460
nature of, 4753
in post-award proceedings, 6069
significance of, 4753
subsequent agreements, 219227
sunk costs, 301
systemic integration, principle of, 246247
Talmon, S., 156
territorial sovereignty, 233, 237, 243
regulatory dimension of, 238240
textual approach, 105110
Third World Approaches to International Law (TWAIL), 309312
customary international investment law, 323330
Titi, C., 236
Transpacific Partnership agreement, 18
treaty drafting practices, 266268
Treves, T., 271
Trojan horse of legal expertise, 3740
two-element approach, 46, 54, 55, 57, 62, 6769, 167, 336. See also customary international law (CIL)
UK, 165, 171, 338
UK–Argentina BIT, 153
UNCITRAL Arbitration Rules (2013), 28
UN General Assembly (UNGA), 64, 72, 93, 343
United Nations Conference on Trade and Development (UNCTAD), 6
United Nations General Assembly, 8
United States, 1618, 30, 32, 49, 60, 338
Universal Declaration on Human Rights, 279
unlawful expropriation. See expropriation
US–Mexico sugar war, 126128
US Model BIT, 16, 18
Vienna Convention on the Law of Treaties (VCLT), 211, 212, 246, 343
Viñuales, J., 242
Washington Convention, 183
Webster formula, 170
Weiler, T., 12
Wood, M., 52, 53
Woolsey, L.H., 81
World Bank, 208
World Trade Organization (WTO), 28, 144145, 257
dispute settlement system, 126

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  • Index
  • Edited by Panos Merkouris, Rijksuniversiteit Groningen, The Netherlands, Andreas Kulick, Eberhard-Karls-Universität Tübingen, Germany, José Manuel Álvarez-Zarate, Universidad Externado de Colombia , Maciej Żenkiewicz, Nicholas Copernicus University of Toruń, Poland
  • Edited in association with Konrad Turnbull, Rijksuniversiteit Groningen, The Netherlands
  • Book: Custom and its Interpretation in International Investment Law
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009255462.021
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  • Index
  • Edited by Panos Merkouris, Rijksuniversiteit Groningen, The Netherlands, Andreas Kulick, Eberhard-Karls-Universität Tübingen, Germany, José Manuel Álvarez-Zarate, Universidad Externado de Colombia , Maciej Żenkiewicz, Nicholas Copernicus University of Toruń, Poland
  • Edited in association with Konrad Turnbull, Rijksuniversiteit Groningen, The Netherlands
  • Book: Custom and its Interpretation in International Investment Law
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009255462.021
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Index
  • Edited by Panos Merkouris, Rijksuniversiteit Groningen, The Netherlands, Andreas Kulick, Eberhard-Karls-Universität Tübingen, Germany, José Manuel Álvarez-Zarate, Universidad Externado de Colombia , Maciej Żenkiewicz, Nicholas Copernicus University of Toruń, Poland
  • Edited in association with Konrad Turnbull, Rijksuniversiteit Groningen, The Netherlands
  • Book: Custom and its Interpretation in International Investment Law
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009255462.021
Available formats
×