Showing posts with label USA. Show all posts
Showing posts with label USA. Show all posts

Thursday, June 3, 2010

Country-wise statistics on investment treaty arbitration

UNCTAD has released an "IIA Issue Note" titled "Latest Developments in Investor–State Dispute Settlement". A  summary of the Note can be found at the Kluwer Arbitration Blog.

What interests me the most in this report is a respondent country-wise tabulation on the number of "known - investment treaty claims". Argentina tops the list with 51 claims having been initiated against it so far. Mexico comes second with 19 claims and Czech Republic third with 16 claims. The first time a developed country appears in the list is Canada and United States on the fifth position with 14 cases each. There have been 9 cases against India. The statistics may indeed lend some support to the concerns raised by developing nations that investment treaty arbitration is increasingly being used to their prejudice.

We will soon try to tabulate these cases based on whether the respondent was a developed country or a developing country and what the outcome of the arbitration was.

Thursday, May 20, 2010

Draft Restatement on International Commercial Arbitration accepted by the ALI annual meeting

I had stated in a previous post that ALI would debate Restatement (Third) of the United States Law of International Commercial Arbitration on Tuesday. The annual meeting has approved Draft 1 which contains Chapter 1 (definitions) and Chapter 5 (recognition and enforcement of arbitral awards). A report can be found on the ALI blog

Sunday, May 16, 2010

American Law Institute to debate Draft Restatement (Third) of International Commercial Arbitration on Tuesday

The draft of Third Restatement of US Law on International Commercial Arbitration is to be presented before ALI for approval at its 2010 annual conference. The work on the topic commenced in 2007. The agenda of the annual conference lists the item for discussion at 3:00 pm, Tuesday, 18th May 2009. Mr. Kirk Jenkins, a member of ALI promises here that there will be live blogging of the discussions here and on the ALI blog. It may be of interest to the readers to watch these spaces.
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