[en] This chapter critically examines the claim that investment treaty awards have a final and binding character. It finds that, despite providing different mechanisms of collection, the ICSID and New York Conventions provide states with a tool to avoid compliance with investment treaty awards based on sovereign immunity rules. These rules have been invoked by states in an increasing number of cases, creating a hurdle for investors to obtain payment of the award. This chapter concludes with some potential remedies to the immunity bar.
Disciplines :
European & international law
Author, co-author :
Garcia Olmedo, Javier ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Department of Law (DL)
External co-authors :
no
Language :
English
Title :
Immunity Defences and the Enforcement of Awards in Investor-State Disputes
Publication date :
14 December 2022
Main work title :
Investment Law & Arbitration in Central Asia: Emerging Issues
