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The analysis shows that the confusion prevailing in investment arbitration is largely a legacy of the comparable confusion that affects the notions of jurisdiction and admissibility in all kinds of dispute settlement under international law. Whilst the confusion is often irrelevant in the practice, some instances arise where it affects the outcome of the proceedings. The essay discusses some of these instances and recommends adopting a novel approach, which hinges on judicial discretion as the critical element of admissibility.
The analysis shows that the confusion prevailing in investment arbitration is largely a legacy of the comparable confusion that affects the notions of jurisdiction and admissibility in all kinds of dispute settlement under international law. Whilst the confusion is often irrelevant in the practice, some instances arise where it affects the outcome of the proceedings. The essay discusses some of these instances and recommends adopting a novel approach, which hinges on judicial discretion as the critical element of admissibility.
Abstract
This is the first half of a two-part essay on jurisdiction and admissibility in investment arbitration. It focuses on the arbitration practice, whilst the second part sets these concepts in the wider framework of public international law litigation. This essay maps the objections to the tribunal’s jurisdiction (by ratio: materiae, temporis, loci and personae) and the claim’s admissibility. It offers some preliminary conclusions: in certain areas there still is no consensus; tribunals are inclined to characterise objections as jurisdictional, and rarely resort to admissibility; findings of inadmissibility draw a judgment on the claimant or the claim’s propriety (whilst jurisdictional decisions typically eschew value-judgment); tribunals failed to distinguish jurisdiction from admissibility. These findings are further explored, within a wider theoretical context, in the second part of the essay.
Abstract
This is the first half of a two-part essay on jurisdiction and admissibility in investment arbitration. It focuses on the arbitration practice, whilst the second part sets these concepts in the wider framework of public international law litigation. This essay maps the objections to the tribunal’s jurisdiction (by ratio: materiae, temporis, loci and personae) and the claim’s admissibility. It offers some preliminary conclusions: in certain areas there still is no consensus; tribunals are inclined to characterise objections as jurisdictional, and rarely resort to admissibility; findings of inadmissibility draw a judgment on the claimant or the claim’s propriety (whilst jurisdictional decisions typically eschew value-judgment); tribunals failed to distinguish jurisdiction from admissibility. These findings are further explored, within a wider theoretical context, in the second part of the essay.
The contributions are divided into two parts, devoted respectively to substantive principles and procedural ones. The principles discussed in the book are selected for their currency in the practice, their contested nature and their relevance.
The contributions are divided into two parts, devoted respectively to substantive principles and procedural ones. The principles discussed in the book are selected for their currency in the practice, their contested nature and their relevance.