Enforcement of Investment Treaty Arbitration Awards

A Global Guide, Second Edition

Consultant editor Julien Fouret

Publication date:

04 January 2021

Length of book:

800 pages

Publisher

Globe Law and Business

Dimensions:

240x160mm
6x10"

ISBN-13: 9781787423497

The growth in cross-border investments in an increasingly globalised economy means that there are more international disputes between foreign investors and states than ever before. Investment treaty arbitration has become the preferred dispute resolution mechanism for resolving such disputes, however, securing a final arbitral award is often just the beginning of a complicated process. Spearheaded by leading arbitration practitioner, Julien Fouret, this second edition brings together more than 70 experts to provide substantive analysis of recurring issues at the award enforcement stage plus practical perspectives on enforcing awards based on investment treaties. It further explores topics ranging from the specifics of the International Centre for Settlement of Investment Disputes mechanism to the enforcement of interim relief and the issues of sovereign immunity and state entities, as well as exploring intra-EU BIT disputes and their enforcement consequences. This edition features additional country-specific chapters and now covers over 30 jurisdictions, including updated coverage of applicable international and domestic legal frameworks and reviews of the most recent practices. Jurisdictions new for this edition include: Algeria, Belgium, Cameroon, Democratic Republic of the Congo, Czech Republic, Greece, Lebanon and Romania. Whether you are an arbitration lawyer in private practice or a user of investment treaty arbitration, this edition will provide you with holistic, practical and theoretical insight on the most important step of an arbitral process against a state or state entity.

Introduction 7 Julien Fouret Eversheds Sutherland Section 1: General enforcement issues The origins and specificities of the ICSID enforcement mechanism 11 Ruqiya BH Musa Eastern and Southern African Trade and Development Bank Martina Polasek International Centre for Settlement of Investment Disputes Enforcement of interim relief in investor-state arbitration 33 Philippe Pinsolle Thomas Voisin Quinn Emanuel Urquhart & Sullivan LLP Stays of enforcement pending annulment and set-aside proceedings in investment arbitration 47 Andrea K Bjorklund Lukas Vanhonnaeker McGill University Faculty of Law Enforcement of investment treaty awards against sovereign states in a landscape of sovereign immunity 75 Anaïs Mallien Maria-Clara Van den Bossche Olivier van der Haegen Loyens & Loeff Enforcement of investment treaty awards against assets of states, state entities and state-owned companies 99 Philip Devenish Sylvia Tonova Jones Day Enforcement of ICSID awards in national courts 117 Patrick W Pearsall Allen & Overy LLP Section 2: Specific issues per jurisdiction Algeria 135 Maude Lebois Shearman & Sterling LLP Hafed Nassim Stambouli Sonatrach Argentina 147 Ignacio J Minorini Lima Bruchou, Fernández Madero & Lombardi Australia 165 Simon Greenberg Sam Luttrell Ishbel McLachlan Romesh Weeramantry Clifford Chance Belgium 191 Hakim Boularbah Claire Larue Loyens & Loeff Bolivia 203 Sofía Klot Noiana Marigo Freshfields Bruckhaus Deringer US LLP Lindsay Sykes PPO Abogados Cameroon 225 Achille Ngwanza Jus Africa Canada 243 Eric Bédard Stephen L Drymer Woods LLP China 255 Chad Catterwell Brenda Horrigan Herbert Smith Freehills Czech Republic 283 Jaroslav Kudrna Ministry of Finance of the Czech Republic Democratic Republic of Congo 295 Guy-Prosper Djuma Bilali Lokema Ivon Mingashang Jean-Paul Mwanza Kambongo University of Kinshasa Egypt 317 Mohamed S Abdel Wahab Zulficar & Partners Law Firm Enforcement of intra-EU arbitration awards 351 Gloria M Alvarez University of Aberdeen Georgy Obolentsev Queen Mary University of London France 367 Julien Fouret Wesley Pydiamah Jeremy Record Eversheds Sutherland Germany 385 Andreas Kulick Ruprecht Karls University of Heidelberg Julian Scheu University of Cologne Greece 401 Athina Fouchard Papaefstratiou Eversheds Sutherland India 425 Abhinav Bhushan ICC International Court of Arbitration Niyati Gandhi Shardul Amarchand Mangaldas & Co Italy 437 William Brillat-Capello Betto Perben Pradel Filhol Julien Fouret Eversheds Sutherland Jordan 459 Omar MH Aljazy Aljazy & Co Lebanon 473 Nayla Comair-Obeid Ziad Obeid Obeid Law Firm Mexico 487 Adrián Magallanes Jessika Rocha Von Wobeser y Sierra, SC Netherlands 503 Annet van Hooft van Hooft Romania 523 Ioana Knoll-Tudor Jeantet AARPI Russia 547 Noah Rubins QC Freshfields Bruckhaus Deringer LLP Maxim Kulkov Dmitry Vlasov KK&P Trial Lawyers Singapore 597 Yu-Jin Tay Mayer Brown LLP Spain 623 José Ángel Rueda García Cuatrecasas Sweden 641 James Hope Cecilia Möller Norsted Mattias Rosengren Vinge Switzerland 655 Noradèle Radjai LALIVE Tunisia 669 Walid Ben Hamida University of Paris-Saclay (Evry Val-d’Essonne) United Arab Emirates 689 Robert Kovacs Withers LLP Roland Ziadé Linklaters LLP United Kingdom 709 Christopher Harris QC Cameron Miles 3 Verulam Buildings United States 727 Caline Mouawad Chaffetz Lindsey LLP Charlene Sun Joshua Wan King & Spalding LLP Venezuela 751 José Gregorio Torrealba LEGˆA Abogados About the authors 767 About Globe Law and Business 791

This book provides substantial insights into the complex area of enforcement of investment treaty awards and its implications across a host of jurisdictions around the world. The wealth of substantive contributions and practical tips provided in this Second Edition by Julien Fouret and the leading practitioners who contributed country-specific analyses will arm any practitioner with the tools needed to understand and tackle investment treaty arbitration award enforcement effectively. This book is a must-have for investment treaty arbitration lawyers who are concerned not only with securing favorable awards, but also with enforcing them successfully.