EU Proposals to Reform the Investor-to-State Dispute Settlement System - a Critical Analysis of Selected Issues Addressed in the Concept Paper "Investment in TTIP and Beyond - the Path for Reform"

• Autorzy: Anita Garnuszek , Aleksandra Orzeł
• Języki publikacji: EN

Abstrakty

EN

Investor-state dispute resolution system is a fundamental element of BITs. In principle, investment arbitration was supposed to be quicker, cheaper and more flexible than other methods of dispute resolution. However, the system also has its weaknesses, such as discrepancies in jurisprudence and lack of sufficient transparency, which are burdensome particularly for respondent states. Thus, a need for a change arose and resulted in ongoing debates concerning the future of investment arbitration and ISDS. The Commission's work on the reform must in principle be assessed positively. The authors accept the general assumptions of the Concept Paper which aim at restoring the balance between the position of investors and states in investment disputes. However, they suggest a careful reconsideration of some ideas presented by the Commission in order to avoid a situation in which the proposed reform would lead to more preferential treatment of states in ISDS. (fragment of text)

Słowa kluczowe

EN

Trade agreement; Law; Investment arbitration

PL

Umowa handlowa; Prawo; Arbitraż inwestycyjny

• Czasopismo: Wroclaw Review of Law, Administration & Economics
• Rocznik: 2015
• Tom: 5
• Numer: nr 2
• Strony: 52--69

Twórcy

autor

Anita Garnuszek

• University of Warsaw

autor

Aleksandra Orzeł

• University of Warsaw

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