Interaction Between International and Domestic Law in Purpose of Determining Shareholders’ Rights in International Investment Disputes

International investment law protects shareholders’ rights through treaty-based arrangements. That is to say, a great number of bilateral investment treaties (BITs) identify shares as one of the types of protected investment as ICSID arbitral tribunals have recognized in several cases. Despite that,...

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Main Authors: Elham Amidimehr, Seyed Jamal Seifi
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2021-10-01
Series:Faṣlnāmah-i Pizhūhish-i Huqūq-i ̒Umūmī
Subjects:
Online Access:https://qjpl.atu.ac.ir/article_13655_ec299bda6316dc8c32e07bab7945ca8b.pdf
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author Elham Amidimehr
Seyed Jamal Seifi
author_facet Elham Amidimehr
Seyed Jamal Seifi
author_sort Elham Amidimehr
collection DOAJ
description International investment law protects shareholders’ rights through treaty-based arrangements. That is to say, a great number of bilateral investment treaties (BITs) identify shares as one of the types of protected investment as ICSID arbitral tribunals have recognized in several cases. Despite that, it should be considered that these Bilateral Investment Treaties do not, however, define shareholder or share and typically do not state whether shareholders must own a majority of the shares or control a company's administration to qualify for treaty protection. the absence of a general international law definition of shares or shareholders leads to the need to refer to such concepts as they are generally accepted by municipal legal systems and determine shareholders’ rights and obligations by way of renvoi to municipal rules. this process must preserve the integrity of the concept. tribunals and courts cannot modify or deform these concepts. This study examines the manner of interaction between municipal and international law in the field of shareholders' direct and indirect claims.
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spelling doaj.art-dabcab1eda4b400491be5760aabdccb42024-01-10T10:52:26ZfasAllameh Tabataba'i University PressFaṣlnāmah-i Pizhūhish-i Huqūq-i ̒Umūmī2345-61162476-62162021-10-01237212716410.22054/qjpl.2021.53228.244013655Interaction Between International and Domestic Law in Purpose of Determining Shareholders’ Rights in International Investment DisputesElham Amidimehr0Seyed Jamal Seifi1Ph.D. Student, Public International Law, Faculty of Divinity, Political Science and Law, Science and Research Branch Islamic Azad University, Tehran, IranAssociate Professor, Department of International Law, Faculty of Law, Shahid Beheshti University, Tehran, IranInternational investment law protects shareholders’ rights through treaty-based arrangements. That is to say, a great number of bilateral investment treaties (BITs) identify shares as one of the types of protected investment as ICSID arbitral tribunals have recognized in several cases. Despite that, it should be considered that these Bilateral Investment Treaties do not, however, define shareholder or share and typically do not state whether shareholders must own a majority of the shares or control a company's administration to qualify for treaty protection. the absence of a general international law definition of shares or shareholders leads to the need to refer to such concepts as they are generally accepted by municipal legal systems and determine shareholders’ rights and obligations by way of renvoi to municipal rules. this process must preserve the integrity of the concept. tribunals and courts cannot modify or deform these concepts. This study examines the manner of interaction between municipal and international law in the field of shareholders' direct and indirect claims.https://qjpl.atu.ac.ir/article_13655_ec299bda6316dc8c32e07bab7945ca8b.pdfinternational investmentsharesshareholderinternational lawdomestic law
spellingShingle Elham Amidimehr
Seyed Jamal Seifi
Interaction Between International and Domestic Law in Purpose of Determining Shareholders’ Rights in International Investment Disputes
Faṣlnāmah-i Pizhūhish-i Huqūq-i ̒Umūmī
international investment
shares
shareholder
international law
domestic law
title Interaction Between International and Domestic Law in Purpose of Determining Shareholders’ Rights in International Investment Disputes
title_full Interaction Between International and Domestic Law in Purpose of Determining Shareholders’ Rights in International Investment Disputes
title_fullStr Interaction Between International and Domestic Law in Purpose of Determining Shareholders’ Rights in International Investment Disputes
title_full_unstemmed Interaction Between International and Domestic Law in Purpose of Determining Shareholders’ Rights in International Investment Disputes
title_short Interaction Between International and Domestic Law in Purpose of Determining Shareholders’ Rights in International Investment Disputes
title_sort interaction between international and domestic law in purpose of determining shareholders rights in international investment disputes
topic international investment
shares
shareholder
international law
domestic law
url https://qjpl.atu.ac.ir/article_13655_ec299bda6316dc8c32e07bab7945ca8b.pdf
work_keys_str_mv AT elhamamidimehr interactionbetweeninternationalanddomesticlawinpurposeofdeterminingshareholdersrightsininternationalinvestmentdisputes
AT seyedjamalseifi interactionbetweeninternationalanddomesticlawinpurposeofdeterminingshareholdersrightsininternationalinvestmentdisputes