From bilateral arbitral tribunals and investment courts to a multilateral investment court : options regarding the institutionalization of investor-state dispute settlement

書誌事項

From bilateral arbitral tribunals and investment courts to a multilateral investment court : options regarding the institutionalization of investor-state dispute settlement

Marc Bungenberg, August Reinisch

(European yearbook of international economic law / series editors, Marc Bungenberg ... [et al.], special issue)

SpringerOpen, c2020

2nd ed

  • pbk.

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

This open access book considers the potential setup for a future Multilateral Investment Court (MIC). The option of an MIC was first discussed by the EU Commission in 2016 and has since been made an official element of the EU Common Commercial Policy. In 2017, UNCITRAL also decided to discuss the possibility of an MIC, and on 20 March 2018, the Council of the EU gave the EU Commission the mandate to negotiate the creation of an MIC. The "feasibility study" presented here is intended to contribute to a broader discussion on the options for a new international court specialized in investment protection. The cornerstones of such a new permanent court are a strict orientation on the rule of law, reduced costs of investment protection, transparency considerations, aspects of consistency in case law, and the effective enforceability of MIC decisions.

目次

FM.- Executive Summary.- Introduction.- Targets for the Reorganization of the Investment Protection Regime.- Design and Implementation of a Two-Tiered MIC.- Applicable Law.- The Pronoucement of Decisions and Its Consequences.- Recognition and Enforcement of Decisions.-Possibilities for the Establishment of an MIC and a Possible Connection to Existing Institutions and System Conformity.- Standalone Appeal Mechanism: "Multilateral Investment Appeals Mechanism" (MIAM) .- Index.

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