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2023 Year in Review: Key Developments in Europe (Investment Arbitration)

Kluwer Arbitration

In line with the Blog’s tradition of “year-in-review” series, this post looks back at some of the key investor-State arbitration developments that took place in Europe in 2023 as we covered them on the Blog (for relevant previous Year-in-Review coverage, see here and here ). the Kingdom of Spain. As Alexander M.

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2023 Year in Review: Human Rights and ISDS – Same Play, Different Actors

Kluwer Arbitration

Looking back on 2023, we identify two trend areas: 1) drafting of new International Investment Agreements (“IIAs”) and model agreements; and 2) cases (including with amicus submissions) at the intersection of human rights and ISDS. According to UNCTAD, only one model agreement was released in 2023.

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2023 Year in Review: ISDS Reforms – Milestone Achieved, Uncertainties Persist

Kluwer Arbitration

2023 marked a milestone in the reform of investor-State dispute settlement (“ISDS”). This year-in-review post, featuring the perspectives of our contributors from 2023, primarily focuses on the efforts of UNCITRAL Working Group III (“WG III”) in ISDS reform and the adoption of the Codes, and offers a brief status report on ECT modernization.

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Worley International Services v. Ecuador: The What, When and How in Corruption Allegations

Kluwer Arbitration

On 22 December 2023, a Tribunal composed of Prof. On its part, the Respondent raised several objections to the jurisdiction of the Tribunal, specifically pointing to several instances of corrupt and illegal acts allegedly committed by Worley at the making and during the operation of the investment. Bernard Hanotiau, Prof.

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2023 Washington Arbitration Week Recap: ECT Modernization or Collapse?

Kluwer Arbitration

The Fourth Edition of the Washington Arbitration Week (“WAW”) took place from 27 November to 1 December 2023. He also mentioned how the European Commission leveraged Achmea and Komstroy (issued during the modernized ECT negotiations) in introducing a disconnection clause prohibiting intra-EU disputes.

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Time to Listen and Act: Settlement Facilitation in Arbitration

Kluwer Arbitration

This would encourage the companies’ management to manoeuvre settlement negotiations with more confidence once the arbitration has commenced. Discussing settlement windows when establishing the procedural timetable will encourage all parties and tribunal members to consider settlement negotiations and facilitations at an early stage.

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2023 Year in Review: Trends and Developments in East and Central Asia

Kluwer Arbitration

Developments in Arbitration-Related Law and Institutions In 2023, our Blog covered shifts within arbitration-related laws and examined novelties in institutional rules, offering insights into the evolving landscape of international arbitration in East and Central Asia.