Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy

The last couple of decades have seen a considerable increase in the submittal of investment claims to Arbitral Tribunals, a process which has often been linked to the “proliferation” of investment treaties. Alongside, a debate on the so-called “legitimacy” of the Investor-State dispute settlement me...

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Autores:
Tipo de recurso:
Fecha de publicación:
2019
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/23604
Acceso en línea:
https://doi.org/10.5102/rdi.v16i1.5883
https://repository.urosario.edu.co/handle/10336/23604
Palabra clave:
Authentic Interpretation
Authoritative Interpretation
International Arbitration
International Investment Law
Law of Treaties
Rights
License
Abierto (Texto Completo)
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spelling 3e4f2465-bf20-4515-a655-27d3ad2dd6ec-12020-05-26T00:03:33Z2020-05-26T00:03:33Z2019The last couple of decades have seen a considerable increase in the submittal of investment claims to Arbitral Tribunals, a process which has often been linked to the “proliferation” of investment treaties. Alongside, a debate on the so-called “legitimacy” of the Investor-State dispute settlement mechanism has emerged - and prompted calls for reform - refusing, for the moment, to go away. Treaty interpretation has not been in the forefront of discussion. Authorized (“authoritative”) interpretation - as performed by Arbitral Tribunals - is perhaps one of the issues of least (if any) concern. This Article explores the multiple issues arising from vesting excessive significance in authorized interpretations of Investor-State Arbitral Tribunals (in the events in which States Parties to the relevant investment treaty do not have opposing views on the construction of a conventional clause) vis-à-vis the distinction between authentic and authorized interpretation. Drawing on the referral to the notable cases in which this issue has arisen, this Article will present a few recommendations. © 2019 Centro Universitario de Brasilia. All rights reserved.application/pdfhttps://doi.org/10.5102/rdi.v16i1.58832236997X22371036https://repository.urosario.edu.co/handle/10336/23604engCentro Universitario de Brasilia88No. 174Brazilian Journal of International LawVol. 16Brazilian Journal of International Law, ISSN:2236997X, 22371036, Vol.16, No.1 (2019); pp. 74-88https://www.scopus.com/inward/record.uri?eid=2-s2.0-85072806029&doi=10.5102%2frdi.v16i1.5883&partnerID=40&md5=4e6bce0f472734d29726375dc085c869Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURAuthentic InterpretationAuthoritative InterpretationInternational ArbitrationInternational Investment LawLaw of TreatiesArbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacyArbitral interpretation of investment treaties: Problems and remedies for the debate on “legitimacyarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Díaz-Cediel S.ORIGINAL5883-25619-1-PB.pdfapplication/pdf1274631https://repository.urosario.edu.co/bitstreams/aaecdadf-8eb3-4a22-b3f0-bd4b2830d57e/download499fedcae71d587606844e6e6d8486a4MD51TEXT5883-25619-1-PB.pdf.txt5883-25619-1-PB.pdf.txtExtracted texttext/plain84176https://repository.urosario.edu.co/bitstreams/6ce5413e-001c-4169-8f64-274850dd865b/download9f7380008d96a9a089f7dbf5f582d908MD52THUMBNAIL5883-25619-1-PB.pdf.jpg5883-25619-1-PB.pdf.jpgGenerated Thumbnailimage/jpeg5837https://repository.urosario.edu.co/bitstreams/f92934f3-cff1-4773-8371-16e56676f52f/downloadc9474b70c61087f846b22f8325978d87MD5310336/23604oai:repository.urosario.edu.co:10336/236042022-05-02 07:37:21.082157https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy
dc.title.alternative.spa.fl_str_mv Arbitral interpretation of investment treaties: Problems and remedies for the debate on “legitimacy
title Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy
spellingShingle Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy
Authentic Interpretation
Authoritative Interpretation
International Arbitration
International Investment Law
Law of Treaties
title_short Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy
title_full Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy
title_fullStr Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy
title_full_unstemmed Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy
title_sort Arbitral interpretation of investment treaties: Problems and remedies for the debate on legitimacy
dc.subject.keyword.spa.fl_str_mv Authentic Interpretation
Authoritative Interpretation
International Arbitration
International Investment Law
Law of Treaties
topic Authentic Interpretation
Authoritative Interpretation
International Arbitration
International Investment Law
Law of Treaties
description The last couple of decades have seen a considerable increase in the submittal of investment claims to Arbitral Tribunals, a process which has often been linked to the “proliferation” of investment treaties. Alongside, a debate on the so-called “legitimacy” of the Investor-State dispute settlement mechanism has emerged - and prompted calls for reform - refusing, for the moment, to go away. Treaty interpretation has not been in the forefront of discussion. Authorized (“authoritative”) interpretation - as performed by Arbitral Tribunals - is perhaps one of the issues of least (if any) concern. This Article explores the multiple issues arising from vesting excessive significance in authorized interpretations of Investor-State Arbitral Tribunals (in the events in which States Parties to the relevant investment treaty do not have opposing views on the construction of a conventional clause) vis-à-vis the distinction between authentic and authorized interpretation. Drawing on the referral to the notable cases in which this issue has arisen, this Article will present a few recommendations. © 2019 Centro Universitario de Brasilia. All rights reserved.
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dc.relation.citationTitle.none.fl_str_mv Brazilian Journal of International Law
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dc.relation.ispartof.spa.fl_str_mv Brazilian Journal of International Law, ISSN:2236997X, 22371036, Vol.16, No.1 (2019); pp. 74-88
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