
Treaty Shopping, Also Known Under The Terms Of Nationality Planning, Corporate (re-)structuring Or Corporate Maneuvering, Implies A Strategic Change Of Nationality Or Strategic Invocation Of Another Nationality With The Aim Of Accessing Another (usually More Favourable) Investment Treaty For Purposes Of Investment Arbitration. When Deciding On Whether An Investment Claim Based On Treaty Shopping Should Be Upheld Or Dismissed, Investment Arbitral Tribunals Have Been Increasingly Faced With Significant Questions, Such As: What Is Treaty Shopping And How May Legitimate Nationality Planning Be Distinguished From Treaty Abuse In International Investment Law? Should A Claimant That Is Controlled By A Host-state National Be Considered A Protected Investor, Or Should Tribunals Pierce Its Corporate Veil? Does An Investor Have To Make The Investment In Good Faith, And Does It Have To Make A Contribution Of Its Own To The Investment It Is Claiming Protection For? When Does A Corporate Restructuring Constitute An Abuse Of Process, And Which Is The Role Of The Notion Of Dispute In This Respect? How Efficient Are Denial Of Benefits Clauses To Counter Treaty Shopping? Treaty Shopping In International Investment Law Examines In A Systematic Manner The Practice Of Treaty Shopping In International Investment Law And Arbitral Decisions That Have Undertaken To Draw This Line. While Some Legal Approaches Taken By Arbitral Tribunals Have Started To Consolidate, Others Remain Unsettled, Painting A Picture Of An Overall Inconsistent Jurisprudence. This Is Hardly Surprising, Given The Thousands Of International Investment Agreements That Provide For The Investor ́s Right To Sue The Host State On Grounds Of Alleged Breaches Of Investment Obligations. This Book Analyses And Discusses The Different Ways By Which Arbitral Tribunals Have Dealt With The Value Judgment At The Core Of The Distinction Between Objectionable And Unobjectionable Treaty Shopping, And Makes Proposals De Lege Ferenda On H
This book investigates the legal legitimacy of treaty shopping in international investment arbitration and the criteria used by tribunals to distinguish between strategic nationality planning and abuse of process. Jorun Baumgartner, a legal scholar, examines the complex intersection of corporate restructuring and investor-state dispute settlement. The text evaluates how arbitral tribunals navigate the tension between protecting foreign investments and preventing the misuse of investment treaties by claimants seeking favorable jurisdictional advantages.
What You Will Find
Scope Limits
Legal scholars and practitioners recognize this work as a systematic examination of a highly fragmented area of international jurisprudence. Readers frequently note the academic density of the prose, which serves as a specialized resource for those navigating the complexities of investment treaty arbitration.
Page Count:
352
Publication Date:
2016-01-01
Publisher:
Oxford University Press
ISBN-10:
0191090816
ISBN-13:
9780191090813
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