- Table of Cases
- Table of International Treaties and Conventions
- Table of Rules and Resolutions
- Table of Legislation
- List of Contributors
- Policy Issues
- Investment, Investor, Nationality, and Shareholders
- Applicable Law
- Multilateral Investment Rules Revisited
- Interactions Between Investment and Non-investment Obligations
- Trade and Investment
- Admission and Establishment
- Standards of Treatment
- Coverage of Taxation Under Modern Investment Treaties
- Most-Favoured-Nation Treatment
- Emergency Exceptions: State of Necessity and <i>Force Majeure</i>
- Investment Insurance
- State Responsibility and Attribution
- Regulatory Transparency
- Corporate Social Responsibility
- Methods of Dispute Resolution
- Procedural Transparency
- Independence, Impartiality, and Duty of Disclosure of Arbitrators.
- Consent to Arbitration
- Jurisdiction and Admissibility
- The Jurisdictional Threshold of a Prima-Facie Case
- The Relationship between International Tribunals and Domestic Courts
- Parallel Proceedings
- Compensation, Damages, and Valuation
- Review of Awards
- An Appellate System in International Investment Arbitration?
- Compliance and Enforcement
- A Doctrine of Precedent?
- Tribunal's Powers versus Party Autonomy
Abstract and Keywords
This article discusses briefly the development of opinions on the possibility of review of the decisions of international tribunals in general and states that international investment arbitrations fall under the notion of dispute settlement in public international law. It also provides a discussion that the drafters of the relevant international treaty have also drawn from private law and moreover from international commercial arbitration. This article attempts to analyse briefly several key decisions of ad hoc committees established in accordance with the provisions of Article 52 of the International Centre for Settlement of Investment Disputes (ICSID) Convention. It briefly assess whether it is necessary to broaden the scope of the review of arbitral awards in investment disputes and particularly whether it would be convenient to introduce into investment disputes an appellate system allowing for the review of the merits of investment disputes.
Vladimír Balaš, Lecturer in International Law, Charles University, Prague.
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