Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 04 December 2020

Abstract and Keywords

As the number of investment agreements has risen, the cases brought to dispute settlement have become increasingly complex too, encompassing multiple contracts and hence multiple parties and issues. This article looks briefly at the most common situations where parallel proceedings can occur in investment arbitration. Parallel proceedings, both between domestic courts and arbitration tribunals and between arbitration tribunals, is a situation that may engender a higher risk of inconsistent and conflicting decisions. It is a result of three different situations and these are discussed here. It then examines whether the principles of res judicata and lis pendens apply in investment arbitration and could prevent conflicting awards. It finally looks at the way investment treaties regulate and prevent the occurrence of parallel proceedings, with a particular emphasis on the consolidation of claims.

Keywords: investment agreements, dispute settlement, parallel proceedings, arbitration tribunals, conflicting decisions

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.