Damages in Investor-State Arbitration

Current Issues and Challenges
Erscheinungsjahr 2018
ISBN: 978-90-04-36685-5
Verlag: Brill

Buch, Englisch, 86 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 162 g

Reihe: Brill Research Perspectives in International Law / Brill Research Perspectives in International Investment Law and Arbitration

Damages in Investor-State Arbitration: Current Issues and Challenges addresses specificities of the assessment of damages in investor-state disputes, reflecting the tensions between the sovereignty and self-determination of states and their legal obligations towards foreign investors. These tensions are primarily present in the context of compensation for expropriation, but other commitments of host states undertaken in bilateral investment treaties and contracts with foreign investors may also be in conflict with changing political and economic circumstances. With this background, the calculation of damages becomes a complex endeavor in each case. The lack of valuation principles that are uniformly accepted and implemented leads to uncertainty and unpredictability in practice. The present analysis tries to identify the most important issues and challenges, such as the choice of the valuation date, appropriate valuation methods, moral damages, and the awarding of interest.

Autoren/Hrsg.

Marboe, Irmgard

Fachgebiete

• Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Zivilprozess- und Schiedsverfahrensrecht

Inhaltsverzeichnis

Damages in Investor-State Arbitration: Current Issues and Challenges

Irmgard Marboe

Abstract

Keywords

I Introduction

II Special Features of Investment Arbitration in the Area of Damages

III Challenges Regarding the Applicable Law

IV Standards in Expropriation and in Non-expropriation Cases

V Difference between ‘Lawful’ and ‘Unlawful’ Expropriations

VI Causation

VII Importance of the Valuation Date

VIII The Application of Valuation Methods

IX Opinions on Country Risk

X Other Possible Limitations on Damages

XI Thresholds for Moral Damages

XII Interest

XIII Conclusion

References

Über Autor(innen)

Irmgard Marboe, Dr., University of Vienna, is Professor of International Law at that university. She has written extensively on the issue of compensation and damages in international arbitration, including one of the leading treatises, Calculation of Compensation and Damages in International Investment Law (OUP 2009, 2nd ed. 2017).