Hege Elisabeth Kjos
- Published in print:
- 2013
- Published Online:
- May 2013
- ISBN:
- 9780199656950
- eISBN:
- 9780191746291
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199656950.003.0003
- Subject:
- Law, Public International Law
This chapter discusses the implications of the territorialized or internationalized nature of investment tribunals for their choice-of-law methodology. It examines choice-of-law rules as reflected in ...
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This chapter discusses the implications of the territorialized or internationalized nature of investment tribunals for their choice-of-law methodology. It examines choice-of-law rules as reflected in national arbitration laws, arbitration rules, the ICSID Convention, the Iran–United States Claims Settlement Declaration, together with jurisprudence and legal scholarship on the applicable law. It shows that the high degree of freedom enjoyed by parties to the dispute and the arbitrators when ascertaining the substantive applicable law, and thereby the prima facie applicability of national and international law in arbitration proceedings between investors and host states.Less
This chapter discusses the implications of the territorialized or internationalized nature of investment tribunals for their choice-of-law methodology. It examines choice-of-law rules as reflected in national arbitration laws, arbitration rules, the ICSID Convention, the Iran–United States Claims Settlement Declaration, together with jurisprudence and legal scholarship on the applicable law. It shows that the high degree of freedom enjoyed by parties to the dispute and the arbitrators when ascertaining the substantive applicable law, and thereby the prima facie applicability of national and international law in arbitration proceedings between investors and host states.
Hege Elisabeth Kjos
- Published in print:
- 2013
- Published Online:
- May 2013
- ISBN:
- 9780199656950
- eISBN:
- 9780191746291
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199656950.003.0002
- Subject:
- Law, Public International Law
This chapter begins with a brief description of the arbitral process. It then examines delocalization theory and seat theory. This is followed by a discussion of the internationalized nature of ...
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This chapter begins with a brief description of the arbitral process. It then examines delocalization theory and seat theory. This is followed by a discussion of the internationalized nature of tribunals operating pursuant to a treaty regime — the Iran–United States Claims Tribunal and International Centre for the Settlement of Investment Disputes/Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID) tribunals. It is shown that delocalization theory — with its de-emphasis of the role of national legal orders in the arbitral process — has significantly influenced national arbitration laws. This is evidenced by the large degree of procedural freedom provided to the disputing parties and the arbitrators alike. Nevertheless, these laws — by continuing to subject arbitral proceedings and the subsequent awards to various, albeit limited, requirements — give testimony to the strength of seat theory. State practice thereby corroborates that the mandate of such ‘territorialized’ tribunals partly stem from a national legal order, giving effect to the parties' arbitration agreement.Less
This chapter begins with a brief description of the arbitral process. It then examines delocalization theory and seat theory. This is followed by a discussion of the internationalized nature of tribunals operating pursuant to a treaty regime — the Iran–United States Claims Tribunal and International Centre for the Settlement of Investment Disputes/Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID) tribunals. It is shown that delocalization theory — with its de-emphasis of the role of national legal orders in the arbitral process — has significantly influenced national arbitration laws. This is evidenced by the large degree of procedural freedom provided to the disputing parties and the arbitrators alike. Nevertheless, these laws — by continuing to subject arbitral proceedings and the subsequent awards to various, albeit limited, requirements — give testimony to the strength of seat theory. State practice thereby corroborates that the mandate of such ‘territorialized’ tribunals partly stem from a national legal order, giving effect to the parties' arbitration agreement.
Maurizio Gotti
- Published in print:
- 2008
- Published Online:
- September 2011
- ISBN:
- 9789622098510
- eISBN:
- 9789882207141
- Item type:
- chapter
- Publisher:
- Hong Kong University Press
- DOI:
- 10.5790/hongkong/9789622098510.003.0011
- Subject:
- Linguistics, Sociolinguistics / Anthropological Linguistics
Based on the analysis of arbitration laws from different countries, this chapter points out textual, conceptual, and stylistic discrepancies that arise in the process of establishing closer ...
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Based on the analysis of arbitration laws from different countries, this chapter points out textual, conceptual, and stylistic discrepancies that arise in the process of establishing closer harmonization in legal normative discourse at a global level. It argues that harmonization becomes particularly difficult when “model” texts have to be adopted in various contexts. Such contexts give rise to interesting differentiations in the resulting texts that can be attributed not only to the languages in which the final texts are expressed, but also to the different cultural traits and legal traditions of the communities for which they are meant. In particular, one can find significant variations in the specification of information in the various texts, which the chapter claims are due to the differences in socio-cultural expectations and practices that constrain social behavior in local contexts.Less
Based on the analysis of arbitration laws from different countries, this chapter points out textual, conceptual, and stylistic discrepancies that arise in the process of establishing closer harmonization in legal normative discourse at a global level. It argues that harmonization becomes particularly difficult when “model” texts have to be adopted in various contexts. Such contexts give rise to interesting differentiations in the resulting texts that can be attributed not only to the languages in which the final texts are expressed, but also to the different cultural traits and legal traditions of the communities for which they are meant. In particular, one can find significant variations in the specification of information in the various texts, which the chapter claims are due to the differences in socio-cultural expectations and practices that constrain social behavior in local contexts.
Vijay K. Bhatia, Christopher N. Candlin, and Jan Engberg
- Published in print:
- 2008
- Published Online:
- September 2011
- ISBN:
- 9789622098510
- eISBN:
- 9789882207141
- Item type:
- chapter
- Publisher:
- Hong Kong University Press
- DOI:
- 10.5790/hongkong/9789622098510.003.0001
- Subject:
- Linguistics, Sociolinguistics / Anthropological Linguistics
This volume is an attempt to address some legal discourse questions by contributing to the basic knowledge of legal language typically used in international commercial arbitration, and to suggest ...
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This volume is an attempt to address some legal discourse questions by contributing to the basic knowledge of legal language typically used in international commercial arbitration, and to suggest implications of this for legal practice, legal translation, and legal practitioner training. This chapter has three major objectives: firstly, to identify and bring into focus some of the main concepts and constructs in the field of comparative legal discourse; secondly, to identify and characterize the main contexts—socio-political, institutional, and professional—in terms of which comparative legal discourse can be studied, and where such study is practically relevant; and finally, to identify and outline an integrated set of appropriate discourse-analytical and other methodological procedures that enable the grounded study of legal writing so as to provide substantive, relevant, and usable accounts of value to practitioners in various fields.Less
This volume is an attempt to address some legal discourse questions by contributing to the basic knowledge of legal language typically used in international commercial arbitration, and to suggest implications of this for legal practice, legal translation, and legal practitioner training. This chapter has three major objectives: firstly, to identify and bring into focus some of the main concepts and constructs in the field of comparative legal discourse; secondly, to identify and characterize the main contexts—socio-political, institutional, and professional—in terms of which comparative legal discourse can be studied, and where such study is practically relevant; and finally, to identify and outline an integrated set of appropriate discourse-analytical and other methodological procedures that enable the grounded study of legal writing so as to provide substantive, relevant, and usable accounts of value to practitioners in various fields.
Susan Šarčević
- Published in print:
- 2008
- Published Online:
- September 2011
- ISBN:
- 9789622098510
- eISBN:
- 9789882207141
- Item type:
- chapter
- Publisher:
- Hong Kong University Press
- DOI:
- 10.5790/hongkong/9789622098510.003.0014
- Subject:
- Linguistics, Sociolinguistics / Anthropological Linguistics
Globalization and harmonization are dominant trends in international arbitration. As a result of the globalization of international trade, the number of international disputes submitted to ...
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Globalization and harmonization are dominant trends in international arbitration. As a result of the globalization of international trade, the number of international disputes submitted to arbitration has increased tremendously in recent decades, with actors from all continents speaking a multitude of languages. This chapter aims to show that, despite the growing use of English, translation continues to make a significant contribution, not only to the globalization, but also to the harmonization of international arbitration. This is important because, as arbitration experts say, the future of international arbitration lies in its harmonization. Though mostly behind the scenes, translation plays a vital role in numerous aspects of international arbitration, including the translation of legal documents for the proceedings, the translation of national arbitration laws into world languages, the translation of institutional procedural rules and standard arbitral clauses, the production of multilingual instruments of international arbitration law, and others.Less
Globalization and harmonization are dominant trends in international arbitration. As a result of the globalization of international trade, the number of international disputes submitted to arbitration has increased tremendously in recent decades, with actors from all continents speaking a multitude of languages. This chapter aims to show that, despite the growing use of English, translation continues to make a significant contribution, not only to the globalization, but also to the harmonization of international arbitration. This is important because, as arbitration experts say, the future of international arbitration lies in its harmonization. Though mostly behind the scenes, translation plays a vital role in numerous aspects of international arbitration, including the translation of legal documents for the proceedings, the translation of national arbitration laws into world languages, the translation of institutional procedural rules and standard arbitral clauses, the production of multilingual instruments of international arbitration law, and others.
Hong-Lin Yu
- Published in print:
- 2011
- Published Online:
- September 2015
- ISBN:
- 9781845861070
- eISBN:
- 9781474406154
- Item type:
- chapter
- Publisher:
- Edinburgh University Press
- DOI:
- 10.3366/edinburgh/9781845861070.003.0008
- Subject:
- Law, Company and Commercial Law
This chapter explains the role of procedural law in arbitration. Aside from the arbitrators, the language, and the substantive law, the principle of party autonomy affords the parties to arbitration ...
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This chapter explains the role of procedural law in arbitration. Aside from the arbitrators, the language, and the substantive law, the principle of party autonomy affords the parties to arbitration the freedom to choose the procedural law. In order to attract more cross-border arbitration business to Scotland, the policy clearly sets the tone that the choice of procedural law can be different from the choice of the substantive law. For instance, parties to arbitration may choose Swiss law to govern disputes arising from the main contract between them but to have procedural matters governed by Scottish arbitration law. In Scotland, the choice of arbitrating in accordance with the Arbitration (Scotland) Act 2010 does not affect the parties' choice of substantive law other than Scots law to determine the substantive issues. This chapter discusses issues relevant to procedural law in arbitration, including the seat of arbitration, default rules, mandatory rules, and the debate over delocalisation theory concerning the seat of arbitration in international commercial arbitration. It also considers jurisdictions where delocalisation theory has received support, such as France, Switzerland and Belgium.Less
This chapter explains the role of procedural law in arbitration. Aside from the arbitrators, the language, and the substantive law, the principle of party autonomy affords the parties to arbitration the freedom to choose the procedural law. In order to attract more cross-border arbitration business to Scotland, the policy clearly sets the tone that the choice of procedural law can be different from the choice of the substantive law. For instance, parties to arbitration may choose Swiss law to govern disputes arising from the main contract between them but to have procedural matters governed by Scottish arbitration law. In Scotland, the choice of arbitrating in accordance with the Arbitration (Scotland) Act 2010 does not affect the parties' choice of substantive law other than Scots law to determine the substantive issues. This chapter discusses issues relevant to procedural law in arbitration, including the seat of arbitration, default rules, mandatory rules, and the debate over delocalisation theory concerning the seat of arbitration in international commercial arbitration. It also considers jurisdictions where delocalisation theory has received support, such as France, Switzerland and Belgium.
David Cabrelli
- Published in print:
- 2011
- Published Online:
- March 2012
- ISBN:
- 9780748640195
- eISBN:
- 9780748651498
- Item type:
- chapter
- Publisher:
- Edinburgh University Press
- DOI:
- 10.3366/edinburgh/9780748640195.003.0033
- Subject:
- Law, Legal History
This chapter focuses on the recently enacted Arbitration (Scotland) Act 2010 (‘the Act’) whose remit is to reform the main out-of-court mechanism for the resolution of commercial law disputes. The ...
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This chapter focuses on the recently enacted Arbitration (Scotland) Act 2010 (‘the Act’) whose remit is to reform the main out-of-court mechanism for the resolution of commercial law disputes. The principal aim of the Act is particularly aspirational, namely to encourage the use of arbitration domestically and attract international arbitration business to Scotland. The Act was passed by the Scottish Parliament on 18 November 2009, received Royal Assent on 5 January 2010, and came into force on 7 June 2010.Less
This chapter focuses on the recently enacted Arbitration (Scotland) Act 2010 (‘the Act’) whose remit is to reform the main out-of-court mechanism for the resolution of commercial law disputes. The principal aim of the Act is particularly aspirational, namely to encourage the use of arbitration domestically and attract international arbitration business to Scotland. The Act was passed by the Scottish Parliament on 18 November 2009, received Royal Assent on 5 January 2010, and came into force on 7 June 2010.
Thomas E. Carbonneau
- Published in print:
- 2014
- Published Online:
- December 2014
- ISBN:
- 9780199965519
- eISBN:
- 9780199366927
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199965519.001.0001
- Subject:
- Law, Public International Law
The book endeavors to repair the long-standing problem of updating the official text of the Federal Arbitration Act (FAA). It aims to transform the FAA into a genuine national law of arbitration ...
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The book endeavors to repair the long-standing problem of updating the official text of the Federal Arbitration Act (FAA). It aims to transform the FAA into a genuine national law of arbitration based exclusively on the federal rules applicable to arbitration. Enacted as a special interest bill in 1925, the FAA positioned arbitration well among specialized merchant communities. Its principles relating to the legitimacy of arbitration contracts and the limited judicial supervision of arbitral awards laid the foundation for a more complex and effective legal regulation of arbitration. Despite the advanced character of its original content, the FAA was never significantly updated by the U.S. Congress. The standing statutory provisions did not take into account the widening scope of arbitral jurisdiction and its revolutionary impact upon adjudicatory due process. The task of adjusting the statute to new realities became the responsibility of the U.S. Supreme Court. The Court fulfilled its duty in more than 50 cases spanning half a century. It seemed that a majority of the Court, whatever its composition or ideological tendencies, deemed arbitration essential to citizen access to workable adjudication. The book seeks to collect the basic decisional principles governing arbitration under American law and make them available in an entirely modern statutory framework. The law is drafted in a manner that will make it an arbitration statute of exceptional quality. The envisaged arbitration law constitutes a worthy and important American statement on the law of arbitration.Less
The book endeavors to repair the long-standing problem of updating the official text of the Federal Arbitration Act (FAA). It aims to transform the FAA into a genuine national law of arbitration based exclusively on the federal rules applicable to arbitration. Enacted as a special interest bill in 1925, the FAA positioned arbitration well among specialized merchant communities. Its principles relating to the legitimacy of arbitration contracts and the limited judicial supervision of arbitral awards laid the foundation for a more complex and effective legal regulation of arbitration. Despite the advanced character of its original content, the FAA was never significantly updated by the U.S. Congress. The standing statutory provisions did not take into account the widening scope of arbitral jurisdiction and its revolutionary impact upon adjudicatory due process. The task of adjusting the statute to new realities became the responsibility of the U.S. Supreme Court. The Court fulfilled its duty in more than 50 cases spanning half a century. It seemed that a majority of the Court, whatever its composition or ideological tendencies, deemed arbitration essential to citizen access to workable adjudication. The book seeks to collect the basic decisional principles governing arbitration under American law and make them available in an entirely modern statutory framework. The law is drafted in a manner that will make it an arbitration statute of exceptional quality. The envisaged arbitration law constitutes a worthy and important American statement on the law of arbitration.
Hong-Lin Yu
- Published in print:
- 2011
- Published Online:
- September 2015
- ISBN:
- 9781845861070
- eISBN:
- 9781474406154
- Item type:
- chapter
- Publisher:
- Edinburgh University Press
- DOI:
- 10.3366/edinburgh/9781845861070.003.0002
- Subject:
- Law, Company and Commercial Law
This chapter provides an overview of the main features of the Arbitration (Scotland) Act 2010. It first considers the three founding principles of the Act: the first sets out the objective of ...
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This chapter provides an overview of the main features of the Arbitration (Scotland) Act 2010. It first considers the three founding principles of the Act: the first sets out the objective of arbitration, which is to ensure that fairness and impartiality are to be applied during the arbitration proceedings; the second lays down the internationally followed principle of party autonomy; and the third deals with the principle of ‘limited court intervention’. The chapter then discusses the Act's scope of applications concerning types of arbitration and dispute before explaining the seat of arbitration, generally defined as the country or the place in which the arbitration is based. It also examines the Act's provisions concerning statutory arbitration and the New York Convention awards, along with the relevant arbitration laws that it repeals, namely: the Arbitration (Scotland) Act 1894; the Arbitration Act 1950; the Arbitration Act 1975; s 3 of the Administration of Justice (Scotland) Act 1972; and ss 17 and 66 of and Sch 7 to the Law Reform (Miscellaneous Provisions) (Scotland) Act 1990. Finally, it describes the structure of the Arbitration (Scotland) Act 2010.Less
This chapter provides an overview of the main features of the Arbitration (Scotland) Act 2010. It first considers the three founding principles of the Act: the first sets out the objective of arbitration, which is to ensure that fairness and impartiality are to be applied during the arbitration proceedings; the second lays down the internationally followed principle of party autonomy; and the third deals with the principle of ‘limited court intervention’. The chapter then discusses the Act's scope of applications concerning types of arbitration and dispute before explaining the seat of arbitration, generally defined as the country or the place in which the arbitration is based. It also examines the Act's provisions concerning statutory arbitration and the New York Convention awards, along with the relevant arbitration laws that it repeals, namely: the Arbitration (Scotland) Act 1894; the Arbitration Act 1950; the Arbitration Act 1975; s 3 of the Administration of Justice (Scotland) Act 1972; and ss 17 and 66 of and Sch 7 to the Law Reform (Miscellaneous Provisions) (Scotland) Act 1990. Finally, it describes the structure of the Arbitration (Scotland) Act 2010.
Hong-Lin Yu
- Published in print:
- 2011
- Published Online:
- September 2015
- ISBN:
- 9781845861070
- eISBN:
- 9781474406154
- Item type:
- chapter
- Publisher:
- Edinburgh University Press
- DOI:
- 10.3366/edinburgh/9781845861070.003.0001
- Subject:
- Law, Company and Commercial Law
This chapter provides a historical overview of legal development in Scotland prior to the enactment of the Arbitration (Scotland) Act 2010. It first considers Scotland's arbitration law, which was ...
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This chapter provides a historical overview of legal development in Scotland prior to the enactment of the Arbitration (Scotland) Act 2010. It first considers Scotland's arbitration law, which was based almost entirely on the common law, with piecemeal statutory provisions dealing with specific points. It then discusses the laws that had governed the country's international commercial arbitration before turning to the Scottish Arbitration Code 1999 and the Arbitration (Scotland) Bills of 2002 and 2009. It also examines the Arbitration (Scotland) Act 2010, designed to offer a ‘one-stop shop’ providing a single track of arbitration law corresponding with the modern trends in arbitration, both domestic and international. The Arbitration (Scotland) Act 2010 was promulgated by the government with the aim of putting Scotland on the map of international arbitration and persuading international businessmen to choose Scotland as the place of their arbitration in order to generate revenue.Less
This chapter provides a historical overview of legal development in Scotland prior to the enactment of the Arbitration (Scotland) Act 2010. It first considers Scotland's arbitration law, which was based almost entirely on the common law, with piecemeal statutory provisions dealing with specific points. It then discusses the laws that had governed the country's international commercial arbitration before turning to the Scottish Arbitration Code 1999 and the Arbitration (Scotland) Bills of 2002 and 2009. It also examines the Arbitration (Scotland) Act 2010, designed to offer a ‘one-stop shop’ providing a single track of arbitration law corresponding with the modern trends in arbitration, both domestic and international. The Arbitration (Scotland) Act 2010 was promulgated by the government with the aim of putting Scotland on the map of international arbitration and persuading international businessmen to choose Scotland as the place of their arbitration in order to generate revenue.
Jan Engberg and Dorothee Heller
- Published in print:
- 2008
- Published Online:
- September 2011
- ISBN:
- 9789622098510
- eISBN:
- 9789882207141
- Item type:
- chapter
- Publisher:
- Hong Kong University Press
- DOI:
- 10.5790/hongkong/9789622098510.003.0007
- Subject:
- Linguistics, Sociolinguistics / Anthropological Linguistics
Vagueness and indeterminacy in statutory texts create a dilemma in law. The basic assumption is that society must be governed by the rule of law and not on the basis of individual beliefs or actions. ...
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Vagueness and indeterminacy in statutory texts create a dilemma in law. The basic assumption is that society must be governed by the rule of law and not on the basis of individual beliefs or actions. However, it is also obvious that indeterminacy and vagueness are typically inherent characteristics of law, thus making interpretation a necessary and important aspect of legal application. This chapter investigates vague expressions in arbitration laws and claims that they are typically essential as discretion markers because the flexible nature of arbitration discourse makes relatively more room for interpretation. It argues that qualifying expressions, although integral features of legislative provisions, do not necessarily eliminate vagueness. This is chiefly because of the presence of “internal” qualifiers which contribute significantly to the negotiation of scope and application.Less
Vagueness and indeterminacy in statutory texts create a dilemma in law. The basic assumption is that society must be governed by the rule of law and not on the basis of individual beliefs or actions. However, it is also obvious that indeterminacy and vagueness are typically inherent characteristics of law, thus making interpretation a necessary and important aspect of legal application. This chapter investigates vague expressions in arbitration laws and claims that they are typically essential as discretion markers because the flexible nature of arbitration discourse makes relatively more room for interpretation. It argues that qualifying expressions, although integral features of legislative provisions, do not necessarily eliminate vagueness. This is chiefly because of the presence of “internal” qualifiers which contribute significantly to the negotiation of scope and application.
Celina Frade
- Published in print:
- 2008
- Published Online:
- September 2011
- ISBN:
- 9789622098510
- eISBN:
- 9789882207141
- Item type:
- chapter
- Publisher:
- Hong Kong University Press
- DOI:
- 10.5790/hongkong/9789622098510.003.0013
- Subject:
- Linguistics, Sociolinguistics / Anthropological Linguistics
This chapter analyzes the implications of legal globalization in the context of Brazil, a Portuguese-speaking and civil law country, but one which is fully integrated into the global economy. It ...
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This chapter analyzes the implications of legal globalization in the context of Brazil, a Portuguese-speaking and civil law country, but one which is fully integrated into the global economy. It emphasizes the adjustments that need to be made to comply with the latest requirements for becoming “legally global” through the enactment of the Brazilian Arbitration Law and the implications this has on national legal practice, culture, discourse, and education. The chapter points out how national legal discourse tends to display a new texturing of meanings to reflect the “generalized tensions between international practices and local traditions,” while at the same time legal education and professional training calls for a new perspective for training “international lawyers” to achieve “core international legal competence.”Less
This chapter analyzes the implications of legal globalization in the context of Brazil, a Portuguese-speaking and civil law country, but one which is fully integrated into the global economy. It emphasizes the adjustments that need to be made to comply with the latest requirements for becoming “legally global” through the enactment of the Brazilian Arbitration Law and the implications this has on national legal practice, culture, discourse, and education. The chapter points out how national legal discourse tends to display a new texturing of meanings to reflect the “generalized tensions between international practices and local traditions,” while at the same time legal education and professional training calls for a new perspective for training “international lawyers” to achieve “core international legal competence.”
Paul Obo Idornigie
- Published in print:
- 2018
- Published Online:
- April 2018
- ISBN:
- 9780198819837
- eISBN:
- 9780191860096
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198819837.003.0009
- Subject:
- Law, Environmental and Energy Law
Any development initiative in the energy sector will not only consider the legal framework for attracting such investment but the dispute resolution mechanisms also. Conventionally, the dispute ...
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Any development initiative in the energy sector will not only consider the legal framework for attracting such investment but the dispute resolution mechanisms also. Conventionally, the dispute resolution mechanism usually offered is litigation through the courts. However, it has become clear that no foreign investor would like to be restricted to fora like litigation without other alternatives. This chapter examines the role that law plays in the enablement and empowerment of the world’s energy poor with particular focus on Africa; the various dispute resolution mechanisms; and the legal framework for arbitration in Africa states to determine whether the arbitration laws enhance or impede access to energy. The chapter also considers whether arbitration laws and other instruments are stimulants for inward investment into the energy sector and concludes that if arbitration is to serve this purpose the contracts and treaties should be properly negotiated and clauses on arbitration professionally drafted.Less
Any development initiative in the energy sector will not only consider the legal framework for attracting such investment but the dispute resolution mechanisms also. Conventionally, the dispute resolution mechanism usually offered is litigation through the courts. However, it has become clear that no foreign investor would like to be restricted to fora like litigation without other alternatives. This chapter examines the role that law plays in the enablement and empowerment of the world’s energy poor with particular focus on Africa; the various dispute resolution mechanisms; and the legal framework for arbitration in Africa states to determine whether the arbitration laws enhance or impede access to energy. The chapter also considers whether arbitration laws and other instruments are stimulants for inward investment into the energy sector and concludes that if arbitration is to serve this purpose the contracts and treaties should be properly negotiated and clauses on arbitration professionally drafted.
Diego Mejía-Lemos
- Published in print:
- 2020
- Published Online:
- April 2021
- ISBN:
- 9780197513552
- eISBN:
- 9780197513576
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780197513552.003.0034
- Subject:
- Law, Public International Law
The Permanent Court of Arbitration administered 190 cases in 2018. These cases comprise 3 inter-state arbitrations, 112 investor-state arbitrations, and other 73 mixed arbitrations, involving various ...
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The Permanent Court of Arbitration administered 190 cases in 2018. These cases comprise 3 inter-state arbitrations, 112 investor-state arbitrations, and other 73 mixed arbitrations, involving various combinations of states, intergovernmental organizations, and other public or private entities. Of these cases, 56 were initiated in 2018. The investor-state arbitrations arose under various international investment agreements and national investment laws; the other mixed arbitrations, under contracts. Decisions of particular significance among those issued in 2018 include the Decision on Jurisdiction and Admissibility of 30 January 2018 in Resolute Forest Products Inc. v. Canada and the Second Partial Award on Track II of 30 August 2018 in Chevron & TexPet v. Ecuador. These decisions are notable for their contributions to the interpretation and application of general international law, particularly the law of state responsibility, in investor-state disputes.Less
The Permanent Court of Arbitration administered 190 cases in 2018. These cases comprise 3 inter-state arbitrations, 112 investor-state arbitrations, and other 73 mixed arbitrations, involving various combinations of states, intergovernmental organizations, and other public or private entities. Of these cases, 56 were initiated in 2018. The investor-state arbitrations arose under various international investment agreements and national investment laws; the other mixed arbitrations, under contracts. Decisions of particular significance among those issued in 2018 include the Decision on Jurisdiction and Admissibility of 30 January 2018 in Resolute Forest Products Inc. v. Canada and the Second Partial Award on Track II of 30 August 2018 in Chevron & TexPet v. Ecuador. These decisions are notable for their contributions to the interpretation and application of general international law, particularly the law of state responsibility, in investor-state disputes.
Julius Henry Cohen and Kenneth Dayton
- Published in print:
- 2021
- Published Online:
- June 2021
- ISBN:
- 9780197513248
- eISBN:
- 9780197513279
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780197513248.003.0041
- Subject:
- Law, Constitutional and Administrative Law
This article focuses on the federal arbitration law. On February 12, 1925, President Calvin Coolidge signed the United States Arbitration Law, which became effective on January 1, 1926. This act ...
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This article focuses on the federal arbitration law. On February 12, 1925, President Calvin Coolidge signed the United States Arbitration Law, which became effective on January 1, 1926. This act reversed the hoary doctrine that agreements for arbitration are revocable at will and are unenforceable, and in the language of the statute itself, they are made “valid, enforceable and irrevocable” within the limits of federal jurisdiction. There are three evils which arbitration is intended to correct: (1) the long delay usually incident to a proceeding at law, in equity or in admiralty, especially in recent years in centers of commercial activity, where there has arisen great congestion of the court calendars; (2) the expense of litigation; and (3) the failure, through litigation, to reach a decision regarded as just when measured by the standards of the business world. The article then argues that the proposed law rests upon the constitutional provision by which Congress is authorized to establish and control inferior federal courts. It also contends that sound public policy demands specific enforcement of arbitration agreements by the law.Less
This article focuses on the federal arbitration law. On February 12, 1925, President Calvin Coolidge signed the United States Arbitration Law, which became effective on January 1, 1926. This act reversed the hoary doctrine that agreements for arbitration are revocable at will and are unenforceable, and in the language of the statute itself, they are made “valid, enforceable and irrevocable” within the limits of federal jurisdiction. There are three evils which arbitration is intended to correct: (1) the long delay usually incident to a proceeding at law, in equity or in admiralty, especially in recent years in centers of commercial activity, where there has arisen great congestion of the court calendars; (2) the expense of litigation; and (3) the failure, through litigation, to reach a decision regarded as just when measured by the standards of the business world. The article then argues that the proposed law rests upon the constitutional provision by which Congress is authorized to establish and control inferior federal courts. It also contends that sound public policy demands specific enforcement of arbitration agreements by the law.
Stefan Wenaweser
- Published in print:
- 2020
- Published Online:
- March 2021
- ISBN:
- 9780198832737
- eISBN:
- 9780191932328
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198832737.003.0028
- Subject:
- Law, Trusts
Liechtenstein is the only continental European country to have adopted and codified the common law trust. The Liechtenstein trust (‘Treuhänderschaft’) was codified in 1926 in the Law on Persons ...
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Liechtenstein is the only continental European country to have adopted and codified the common law trust. The Liechtenstein trust (‘Treuhänderschaft’) was codified in 1926 in the Law on Persons and Companies (‘PGR’) with clear inspiration from the English Trustee Act 1925. Some English common law rules have been enacted (eg the equitable rules on tracing (‘Spurfolge’; Art 912 (3) PGR, § 30 TrUG). In 1928 the Law regarding Trust Enterprises (abbreviated as ‘TrUG’) was passed. This law was modelled on the so-called Massachusetts Business Trust and inserted in the PGR as Art 932a and consists of 170 paragraphs.
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Liechtenstein is the only continental European country to have adopted and codified the common law trust. The Liechtenstein trust (‘Treuhänderschaft’) was codified in 1926 in the Law on Persons and Companies (‘PGR’) with clear inspiration from the English Trustee Act 1925. Some English common law rules have been enacted (eg the equitable rules on tracing (‘Spurfolge’; Art 912 (3) PGR, § 30 TrUG). In 1928 the Law regarding Trust Enterprises (abbreviated as ‘TrUG’) was passed. This law was modelled on the so-called Massachusetts Business Trust and inserted in the PGR as Art 932a and consists of 170 paragraphs.