Full Description
The growth in cross-border investments in an increasingly globalised economy means there are more international disputes between foreign investors and states than ever. Investment treaty arbitration has become the preferred mechanism for resolving disputes, however, securing a final arbitral award is often just the beginning of a complicated process.
Spearheaded by leading arbitration practitioner, Julien Fouret, this third edition brings together 70 experts to provide up-to-date substantive analysis of recurring issues at the award enforcement stage plus practical perspectives on enforcing awards based on investment treaties. It further explores topics ranging from the specifics of the International Centre for Settlement of Investment Disputes mechanism to the enforcement of interim relief and the issues of sovereign immunity and state entities, as well as exploring intra-EU BIT disputes and their enforcement consequences.
This edition features additional country-specific chapters and now covers over 30 jurisdictions, including updated content on applicable international and domestic legal frameworks and reviews of the most recent practices.
Whether you are an arbitration lawyer in private practice or a user of investment treaty arbitration, this edition will provide you with holistic, practical and theoretical insight on the most important step of an arbitral process against a state or state entity.
New chapters:
Austria
Japan
Poland
Saudi Arabia
Also fully refreshed and updated for the new edition:
Coverage of the enforcement of investment treaty awards against sovereign states, which will help practitioners when assisting both foreign investors and sovereign states in enforcement proceedings;
Comprehensive coverage of the practice of both ICSID and non-ICSID tribunals with respect to stays of enforcement and insights as to the approach that one might expect tribunals to adopt in future cases;
Identification of trends that will assist practitioners in preparing their approaches when considering, or responding to, interim relief applications in investor-state arbitration;
Coverage of the EU policies on the denunciation of Intra-EU BITs and on how to minimise the impact of such reforms on domestic enforcement actions as well as on the consequences of such policies outside the EU;
Coverage of recent evolution of domestic law, such as the new Italian law allowing provisional measures by arbitral tribunal and its consequences on their enforceability;
Analysis of the enforceability issues faced in investment arbitrations involving the Russian Federation, including awards related to the invasion of Crimea and the more recent aggression against Ukraine.
The most comprehensive global analysis of the enforcement challenges in these 30+ jurisdictions with an up-to-date analysis of the most recent case law, including on immunities.
Contents
Introduction
Julien Fouret
Holman Fenwick Willan LLP
Section 1: General enforcement issues
The origins and specificities of the ICSID enforcement mechanism
Julie Bloch
Martina Polasek
International Centre for Settlement of Investment Disputes
Enforcement of interim relief in investor-state arbitration
Thomas Voisin
Quinn Emmanuel Urquhart & Sullivan LLP
Stays of enforcement pending annulment and set-aside proceedings in investment arbitration
Andrea K Bjorklund
McGill University Faculty of Law
Lukas Vanhonnaeker
Université de Montréal
Enforcement of investment treaty awards against sovereign states in a landscape of sovereign immunity
Maria-Clara Van den Bossche
Freshfields
Olivier van der Haegen
Loyens & Loeff
Enforcement of investment treaty awards against assets of states, state entities and stateowned companies
Sylvia Tonova
Pinsent Masons
Enforcement of ICSID awards in national courts
Patrick Pearsall
Gibson Dunn
Section 2: Specific issues per jurisdiction
Algeria
Coralie Darrigade
GBS Disputes
Hafed Nassim Stambouli
Sonatrach
Argentina
Ignacio J Minorini Lima
Bruchou, Funes de Rioja
Australia
Sulithi Dewendra
Simon Greenberg
Romesh Weeramantry
Clifford Chance
Austria
Emmanuel Kaufman
Valentina Wong
Wolf Theiss
Belgium
Hakim Boularbah
Julien Degroof
Loyens & Loeff
Bolivia
Sofía Klot
Klot Arbitration
Noiana Marigo
Freshfields Bruckhaus Deringer US LLP
Lindsay Sykes
PPO Indacochea
Canada
Eric Bédard
Stephen L Drymer
Woods LLP
China
Kevin Warburton
Curtis Pak
Holman Fenwick Willan LLP
Czech Republic
Jaroslav Kudrna
Ministry of Finance of the Czech Republic
Democratic Republic of Congo
Guy-Prosper Djuma Bilali Lokema
Ivon Mingashang
Jean-Paul Mwanza Kambongo
University of Kinshasa
Enforcement of intra-EU arbitration awards
Gloria M Alvarez
Azaria Wallace
University of Aberdeen
George Obolentsev
Queen Mary University of London
France
Camille Dupuy
Julien Fouret
Joy Harb
Holman Fenwick Willan LLP
Greece
Athina Fouchard Papaefstratiou
AFP Arbitration
Dimitrios Papageorgiou
Eversheds (Paris)
India
Abhinav Bhushan
Drew and Napier
Niyati Gandhi
Shardul Amarchand Mangaldas
Italy
Julien Fouret
Ruggero Chicco
Holman Fenwick Willan LLP
Japan
Junya Makita
Lars Markert
Yukiko Tomimatsu
Nishimura & Asahi
Jordan
Omar MH Aljazy
Aljazy & Co
Mexico
Adrián Magallanes
Jessika Rocha
Von Wobeser y Sierra, SC
Netherlands
Sophia Von Dewall
Vanguard Disputes
Poland
Wojciech Sadowski
Queritius
Romania
Ioana Knoll-Tudor
Addleshaw Goddard
Russian
Maxim Kulkov
Freshfields Bruckhaus Deringer LLP
Noah Rubins KC
KK&P Trial Lawyers
Dmitry Vlasov
MGKA
Saudi Arabia
Amr Omran
Ahmed Mazlom
Sami Tannous
Freshfields
Singapore
Yu-Jin Tay
Mayer Brown LLP
Spain
José Ángel Rueda García
Cuatrecasas
Sweden
Anina Liebkind
Daniel Rezania
Norburg & Scherp
Switzerland
Noradèle Radjai
LALIVE
Tunisia
Professor Walid Ben Hamida
University of Lille
United Arab Emirates
Robert Kovacs
Linklaters LLP
Roland Ziadé
Withers LLP
United Kingdom
Christopher Harris KC
Gibson Dunn
Cameron Miles
3 Verulam Buildings
United States
Caline Mouawad
Charlene Sun
Joshua Wan
King & Spalding
Venezuela
José Gregorio Torrealba
JG Torrealba
