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Published online by Cambridge University Press: 09 March 2016
1 Some other commentators note that this standard is traditionally limited to the protection of property, though some arbitral awards have adopted a broader interpretation. See Newcombe, Andrew and Paradell, Lluis Law and Practice of International Investment Law: Standards of Protection (Deventer: Wolters Kluwer, 2009) at 308, 310–13.Google Scholar
2 Newcombe and Paradell conclude that investment arbitration awards support the view that fair and equitable treatment (FET) remains a separate treaty-based standard (ibid at 269). See the similar conclusion reached in Dumberry, Patrick The Fair and Equitable Treatment Standard: A Guide to NAFTA Case Law on Article 1105 (Deventer: Wolters Kluwer, 2013) at 307.Google Scholar
3 See, for example, ibid at 137–70, 315–16.
4 DiMascio, Nicholas and Pauwelyn, Joost, “Nondiscrimination in Trade and Investment Treaties: Worlds Apart of Two Sides of the Same Coin” (2008) 102 AJIL 48 at 60.Google Scholar
5 Ibid at 62–66.