Draft Statute of the Multilateral Investment Court

Released on by Marc Bungenberg
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  • Draft Statute of the Multilateral Investment Court Book Detail

  • Author : Marc Bungenberg
  • Release Date : 2021-02-15
  • Publisher :
  • Genre :
  • Pages : 80
  • ISBN 13 : 9783848770830
  • File Size : 35,35 MB
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Draft Statute of the Multilateral Investment Court by Marc Bungenberg PDF Summary

Book Description: The EU is aiming for a Multilateral Investment Court (MIC) to replace the existing investment arbitration system. Based on the current debates in UNCITRAL and other fora this Draft Statute of an MIC demonstrates that it is possible to have a new system of dispute settlement. For the first time, a complete draft agreement is presented for the design of such an MIC as a new international organization, implementing strict rule of law-requirements for dispute settlement. Besides rule of law-considerations, cornerstones are reduced costs, a permanent bench of judges with an appellate system, transparency, more consistency in case law as well as the effective enforceability of MIC decisions.

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The Multilateral Investment Court

The Multilateral Investment Court

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For the last years, reforming the international investment law regime has been a key priority of the trade agenda of the European Commission. Two important deci