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 over 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 explores key topics including:
• the specifics of the International Centre for Settlement of Investment Disputes mechanism;
• the enforceability and enforcement of provisional measures;
• stays of enforcement pending annulment and set-aside proceedings;
• enforcement of awards against sovereign states in a landscape of sovereign immunity;
• enforcement of awards against assets of states, state entities and state-owned companies;
• enforcement of ICSID awards in national courts; and
• intra-EU BIT disputes and their enforcement consequences.
This edition also features more than 30 country-specific chapters covering applicable international and domestic legal frameworks and reviews of the most recent practices. New jurisdictions covered in this edition include Austria, Japan, Poland and Saudi Arabia.
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.
Contents
Introduction 7
Julien Fouret
HFW
Part I. General enforcement issues
The origins and specificities of the ICSID enforcement mechanism 11
Julie Bloch
Martina Polasek
International Centre for Settlement of Investment Disputes
Enforceability and enforcement of provisional measures 37
Radu Giosan
Thomas Voisin
Quinn Emmanuel Urquhart & Sullivan LLP
Stays of enforcement pending annulment and set-aside proceedings in investment arbitration 53
Andrea K Bjorklund
McGill University Faculty of Law
Lukas Vanhonnaeker
University of Montreal Faculty of Law
Enforcement of investment treaty awards against sovereign states in a landscape of sovereign immunity 83
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 107
Sylvia Tonova
Pinsent Masons LLP
Enforcement of ICSID awards in national courts 139
Patrick W Pearsall
Matthew S Rozen
Gibson, Dunn & Crutcher LLP
Part II. Specific issues per jurisdiction
Algeria 157
Coralie Darrigade
Gaillard Banifatemi Shelbaya Disputes
Hafed Nassim Stambouli
SONATRACH
Argentina 173
Ignacio J Minorini Lima
Bruchou & Funes de Rioja
Australia 191
Sulithi Dewendra
Simon Greenberg
Romesh Weeramantry
Clifford Chance
Austria 227
Emmanuel Kaufman
Venus Valentina Wong
Wolf Theiss
Belgium 241
Hakim Boularbah
Julien Degrooff
Loyens & Loeff
Bolivia 257
Sofía Klot
Klot Arbitration
Noiana Marigo
Freshfields US LLP
Lindsay Sykes
PPO Indacochea
Canada 285
Eric Bédard
Woods LLP
China (including the Hong Kong and Macao SARs) 297
Curtis Pak
Kevin Warburton
HFW
Czech Republic 343
Jaroslav Kudrna
Ministry of Finance of the Czech Republic
Democratic Republic of Congo 357
Guy-Prosper Djuma Bilali Lokema
Ivon Mingashang
Jean-Paul Mwanza Kambongo
University of Kinshasa
Enforcement of intra-EU arbitration awards 385
Gloria M Alvarez
GM Arbitration
George Obolentsev
Queen Mary University of London
Azaria C Wallace
University of Aberdeen
France 403
Camille Dupuy
Julien Fouret
Joy Harb
HFW
Greece 423
Athina Fouchard Papaefstratiou
AFP Arbitration
Dimitrios Papageorgiou
Eversheds Sutherland
India 451
Abhinav Bhushan
Drew & Napier
Niyati Gandhi
Shardul Amarchand Mangaldas & Co
Italy 467
Ruggero Chicco
Julien Fouret
HFW
Japan 493
Lars Markert
Arata Okawa
Yukiko Tomimatsu
Nishimura & Asahi (Gaikokuho Kyodo Jigyo)
Jordan 505
Omar MH Aljazy
Aljazy & Co
Lebanon 521
Nayla Comair-Obeid
Giouli Katsarou
Lea Maalouf
Ziad Obeid
Obeid & Partners
Mexico 535
Adrián Magallanes
Jessika Rocha
Von Wobeser y Sierra, SC
Netherlands 553
Sophia von Dewall
Vanguard International Dispute Resolution
Poland 573
Wojciech Sadowski
Queritius
Romania 585
Ioana Knoll-Tudor
Addleshaw Goddard LLP
Russia 615
Maxim Kulkov
KK&P Trial Lawyers
Maxim Pyrkov
Noah Rubins KC
Freshfields LLP
Dmitry Vlasov
MGKA
Saudi Arabia 679
Ahmed Mazlom
Amr Omran
Sami Tannous
Freshfields LLP
Singapore 693
Yu-Jin Tay
Mayer Brown LLP
Spain 725
José Ángel Rueda García
Cuatrecasas
Sweden 741
Anina Liebkind
Daniel Rezania
Norburg & Scherp Advokatbyrå AB
Switzerland 755
Noradèle Radjai
LALIVE
Tunisia 773
Walid Ben Hamida
University of Lille (France)
United Arab Emirates 793
Robert Kovacs
Withers LLP
Roland Ziadé
Linklaters LLP
United Kingdom 815
Christopher Harris KC
Gibson, Dunn & Crutcher LLP
Cameron Miles
3 Verulam Buildings
United States 837
Caline Mouawad
Chaffetz Lindsey LLP
Charlene Sun
Joshua Wan
DLA Piper
Venezuela 861
José Gregorio Torrealba
JGTorrealba
About the authors 877
About Globe Law and Business 903
