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INVESTMENT ARBITRATION IN THE ENERGY SECTOR

In what circumstances is an investor entitled to compensation under the FET standard of protection under the ECT?
Buch | Softcover
56 Seiten
2022
Our Knowledge Publishing (Verlag)
978-620-4-42313-5 (ISBN)
CHF 61,45 inkl. MwSt
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A significant development in the renewable energy field has happened in several countries like Italy, Spain and the Chez Republic over the last years mainly due to the state´s support for renewable energy projects. However, because of the financial crisis, these countries decided to review and change the policies. As a result of the changes implemented renewable investors were affected in some manner. Consequently, many arbitrations claim against these states have been brought under the Energy Charter Treaty. The present Chapter analyses this jurisprudence. Based on the results of these arbitrations the lack of consistency results evident. Different interpretations around the Fair and Equitable Treatment standard and how to find a balance between the need for a stable and predictable investment framework and the sovereign right to regulate are the principal cause of diverse decisions. The concept of the standard in the treaty is reviewed and compared with the evolution of the concept in other investment agreements. In conclusion, possible amendments to increase consistency in the arbitrations under the Energy Charter Treaty will be proposed.

Bagnulo, Maria EugeniaMaria Eugenia Bagnulo, Abogada por la Universidad de la República (Uruguay); Licenciada en Relaciones Internacionales por la Universidad de la República (Uruguay); LL.M. Energy and Natural Resources Law en Queen Mary University of London School of Law (Inglaterra).

Erscheinungsdatum
Sprache englisch
Maße 150 x 220 mm
Gewicht 102 g
Themenwelt Sachbuch/Ratgeber Beruf / Finanzen / Recht / Wirtschaft Familienrecht
Sachbuch/Ratgeber Beruf / Finanzen / Recht / Wirtschaft Recht / Sonstiges
Schlagworte arbitraje de inversiones • cambios normativos. • expectativas legítimas • Tratado de la Carta de la Energía • Trato justo y equitativo
ISBN-10 620-4-42313-4 / 6204423134
ISBN-13 978-620-4-42313-5 / 9786204423135
Zustand Neuware
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