Consent of the state to arbitration with foreign investor: Modes of consent, restrictions and applicable law

Consent of states to resolve disputes with foreign investors through investment arbitration is connected with certain distinctive characteristics, most of which result out of the peculiar character of the state as a sovereign entity. Those characteristics concern instruments containing consent as we...

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Bibliographic Details
Main Author: Đundić Petar
Format: Article
Language:English
Published: University of Novi Sad, Faculty of Law 2013-01-01
Series:Zbornik Radova: Pravni Fakultet u Novom Sadu
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2013/0550-21791303359D.pdf
Description
Summary:Consent of states to resolve disputes with foreign investors through investment arbitration is connected with certain distinctive characteristics, most of which result out of the peculiar character of the state as a sovereign entity. Those characteristics concern instruments containing consent as well as various restrictions brought upon the jurisdiction of the arbitral tribunal in cases in which it might seem obvious that consent exists. The paper represents an overview of the methods for expressing consent by the states and conditions to which it is subjected. Furthermore, a significant attention is devoted to the problem of designating the rules applicable to the interpretation of instruments potentially containing consent of the state.
ISSN:0550-2179
2406-1255