From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court

Options Regarding the Institutionalization of Investor-State Dispute Settlement

by Marc Bungenberg, August Reinisch

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Book Description

This 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.

This open book is licensed under a Creative Commons License (CC BY-NC-ND). You can download From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court ebook for free in PDF format (4.4 MB).

Book Details

Publisher
Springer
Published
2020
Pages
222
Edition
1
Language
English
ISBN13
9783662597316
ISBN10
3662597314
ISBN13 Digital
9783662597323
ISBN10 Digital
3662597322
PDF Size
4.4 MB
License
CC BY-NC-ND

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