Advantages and Disadvantages of Investor-State Dispute Settlement through Arbitration

Authors

  • Ani Simonyan Yerevan State University

DOI:

https://doi.org/10.46991/BYSU:C/2022.sp1.131

Keywords:

Investor-State dispute, arbitration, ISDS, ISCID, investment law, investment dispute, arbitrator, London Court of International Arbitration, arbitral system, investment treaty

Abstract

 The article is dedicated to the very contemporary issues of State-investor disputes, which are mainly in commercial locality. This article will try to explore both positive and negative sides of dispute settlement in the international investment law through arbitration. The critical and reproving views of the arbitration process will be analyzed. Several international expert group evaluative reports will be presented in this research. State-investor commercial dispute settlement problems will also be examined in the light of ICSID platform.

Author Biography

Ani Simonyan, Yerevan State University

Lecturer at YSU Chair of European and International Law

References

Տե՛ս Nigel Blackaby, Constantine Partasides QC, Alan Redfern and Martin Hunter, Redfern and Hunter on International Arbitration (Oxford University Press, 2015) 6

Stephen M. Schwebel, Luke Sobota and Ryan Manton, International Arbitration: Tree Salient Problems (Cambridge University Press 2020) 16

N. G.L. Hammond, Arbitration in Ancient Greece, Arbitration International Volume 1, issue 2, July 1985, 188-190

Lucy Reed, Jan Paulson and Nigel Blacksburg, Guide to ICSID Arbitration (2nd edition, Aspen Publishers 2011) 5

UNGA Res 61/133 (18 December 2006) UN Doc A/Res/61/453

Civil Procedure Code of Republic of Lithuania, 28 February 2002

С. В. Николюкин, Международный гражданский процесс и международный коммерческий арбитраж (Москва, Юстиция 2017) 145

Gary Born, Internationnal Arbitration: Law and Practice (2nd edition, Kluwer Law International 2015) 26

Nigel Blackaby, Constantine Partasides QC, Alan Redfern and Martin Hunter, Redfern and Hunter on International Arbitration (Oxford University Press, 2015) 31

Paul Friedland and Loukas Mistelis, 2015 International Arbitration Survey: Improvements and Innovations in International Arbitration (White and Case, Queen Mary University of London and School of International Arbitration) < http://www.arbitration.qmul.ac.uk/media/arbitration/docs/2015_International_Arbitration_Survey.pdf> accessed 2 May 2020

Convention on the recognition and enforcement of foreign arbitral award, 330 UNTS 38 (10 June 1958)

Energy Treaty Charter (16 April 1998) Art 26(8)

Vijay K. Bhatia, Christopher N. Candlin and Maurizio Gotti, Discourse and Practice in International Commercial Arbitration (Issues, Challenges and Prospects) (Ashgate Publishing Limited 2012) 105

Ibid. 106

Phillip Capper, International Arbitration: A handbook (3rd edition, London Singapore 2004) 112

Yukos Universal Limited (Isle of Man) v. The Russian Federation UNICITRAL case AA227

A response to the criticism against ISDS, European Federation for Investment Law and Arbitration (EFILA), 7 <https://efila.org/wp-content/uploads/2015/05/EFILA_in_response_to_the-criticism_of_ISDS_final_draft.pdf> accessed 4 May 2020

ICSID Caseload-Statistics, Issue 2015-1, 6 <https://icsid.worldbank.org/en/Documents/resources/ICSID%20Web%20Stats%202015-1%20(English)%20(2)_Redacted.pdf

Surya P Subedi, International Investment Law: Reconciling Policy and Principle (Oxford and Portland Oregon, 3rd edition, 2016) 142

Vienna Convention on the Law of the Treaties 1969, Article 31(1)

Downloads

Published

2022-12-24

How to Cite

Simonyan, A. (2022). Advantages and Disadvantages of Investor-State Dispute Settlement through Arbitration. Bulletin of Yerevan University C: Jurisprudence, 1, 131–141. https://doi.org/10.46991/BYSU:C/2022.sp1.131