In recent years, losing parties in investor-state arbitrations brought under the framework of the International Centre for the Settlement of Investment Disputes (ICSID) have increasingly sought to have adverse decisions annulled by ad hoc Committees.
Professor David D. Caron first wrote about ICSID Annulment in the ICSID Foreign Investment Law Journal in 1992 and returned in this discussion to the current questions concerning annulment mechanism. He argued that this second wave of questions will be more difficult to address than the first, and summarized the mechanism’s ups and downs.
David D. Caron, President, American Society of International Law and C. William Maxeiner Distinguished Professor of Law, University of California at Berkeley.
This event was co-sponsored by the Washington Foreign Law Society and the American Society of International Law.
