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From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court : Options Regarding the Institutionalization of Investor-State Dispute Settlement

Reinisch, August - Personal Name; Bungenberg, Marc - Personal Name;

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.


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220120720
Available
Detail Information
Series Title
European Yearbook of International Economic Law (EUROYEAR)
Call Number
340 BUN b
Publisher
Berlin : Springer Berlin Heidelberg., 2019
Collation
XIV, 222
Language
English
ISBN/ISSN
978-3-662-59732-3
Classification
340
Content Type
text
Media Type
computer
Carrier Type
online resource
Edition
-
Subject(s)
Dispute Resolution
Specific Detail Info
-
Statement of Responsibility
Marc Bungenberg, August Reinisch
Other Information
Cataloger
-
Source
-
Validator
Maya
Digital Object Identifier (DOI)
https://doi.org/10.1007/978-3-662-59732-3
Journal Volume
-
Journal Issue
-
Subtitle
-
Parallel Title
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No other version available

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  • From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court : Options Regarding the Institutionalization of Investor-State Dispute Settlement
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