Fair and Equitable Treatment and the Fabric of General Principles (eBook)
XVI, 189 Seiten
T.M.C. Asser Press (Verlag)
978-94-6265-210-1 (ISBN)
This book moves from the circumstance whereby currently the obligation to provide
fair and equitable treatment (FET) to foreign investments is included in the majority of
international investment agreements and has proved to be the most invoked standard in
investor-State arbitration. Hence, it is no overstatement to describe this standard as the
basic norm of international investment law. Yet both its meaning and normative basis
continue to be shrouded in ambiguity and, as a consequence, to inspire a considerablenumber of interpretations by legal writers. The book's precise aim is to unravel such
ambiguity, arguing from the idea that FET has become part of the fabric of general international
law, but has done so by means of a source somewhat neglected in legal doctrine.
This being the category of general principles peculiar to a certain field of international
law, i.e. those principles having their own foundations in the international legal orderitself, but which, through the mediation of the judge, end up being shaped according
to the features typical of a specific normative field. The book, as well as having a solid
theoretical backdrop as its basis, offers a careful and critical analysis of pertinent case
law, and will prove useful to both scholars and practitioners.
Fulvio Maria Palombino is Professor of International Law at the Law Department of the
University of Naples Federico II and a member of the Executive Board of the European
Society of International Law.
Prof. Fulvio Maria Palombino is Professor of International Law at the Law Department of the University of Naples Federico II, and a member of the Executive Board of the European Society of International Law.
This book moves from the circumstance whereby currently the obligation to provide fair and equitable treatment (FET) to foreign investments is included in the majority of international investment agreements and has proved to be the most invoked standard in investor-State arbitration. Hence, it is no overstatement to describe this standard as the basic norm of international investment law. Yet both its meaning and normative basis continue to be shrouded in ambiguity and, as a consequence, to inspire a considerable number of interpretations by legal writers. The book's precise aim is to unravel such ambiguity, arguing from the idea that FET has become part of the fabric of general international law, but has done so by means of a source somewhat neglected in legal doctrine. This being the category of general principles peculiar to a certain field of international law, i.e. those principles having their own foundations in the international legal order itself, but which, through the mediation of the judge, end up being shaped according to the features typical of a specific normative field. The book, as well as having a solid theoretical backdrop as its basis, offers a careful and critical analysis of pertinent case law, and will prove useful to both scholars and practitioners.Fulvio Maria Palombino is Professor of International Law at the Law Department of the University of Naples Federico II and a member of the Executive Board of the European Society of International Law.Specific to this book:* Explains the ICSID practice clearly and concisely* Useful in practical termsExcerpts from a review:'Fair and Equitable Treatment and the Fabric of General Principles' is an original and well researched book, in which the author challenges a number of conventional wisdoms on FET.Among the strengths of the book one can mention the solid discussion of public international law principles relevant to FET and the interesting incursions into domestic law legal systems which play an important role in the understanding of FET components such as due process, legitimate expectations or proportionality.In particular the section on promises provides a convincing analysis of the issues that arise when the administration makes an assurance or representation to an investor. Against the backdrop of the examination of unilateral acts under public international law, Palombino's analysis sheds new light on what ought to be the proper scope of protection under the legitimate expectations doctrine in case of governmental promises, clarifying a number of points which have received insufficient attention by arbitral tribunals thus far.- Michele Potesta, Attorney with Levy Kaufmann-Kohler, Geneva; Senior Researcher, Geneva Center for International Dispute Settlement (CIDS) book review in International and Comparative Law Quarterly, (2018) 67(4), 1036-1037. For the full review, see: https://doi.org/10.1017/S0020589318000246
Prof. Fulvio Maria Palombino is Professor of International Law at the Law Department of the University of Naples Federico II, and a member of the Executive Board of the European Society of International Law.
Introduction.- FET and the Ongoing Debate on its Normative Basis.- FET and Due Process of Law.- FET and Legitimate Expectations.- FET and Proportionality. FET and the Driving Role of Case Law.- Conclusion.- Table of Cases.- Bibliography.- Index.
Erscheint lt. Verlag | 27.11.2017 |
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Zusatzinfo | XVI, 189 p. |
Verlagsort | The Hague |
Sprache | englisch |
Original-Titel | Il tratttamento giusto ed equo degli investimenti stranieri by Fulvio Maria Palombino |
Themenwelt | Recht / Steuern ► EU / Internationales Recht |
Recht / Steuern ► Öffentliches Recht ► Verwaltungsverfahrensrecht | |
Recht / Steuern ► Wirtschaftsrecht ► Handelsrecht | |
Schlagworte | Case Law • Due Process • fair and equitable treatment • Foreign investments • General Principles of Law • Investor-State Arbitration • Legitimate Expectations • Proportionality • Rule of Law • Standard of Treatment |
ISBN-10 | 94-6265-210-4 / 9462652104 |
ISBN-13 | 978-94-6265-210-1 / 9789462652101 |
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