The rapid growth in investment treaties has led to a burgeoning number of international arbitration decisions that have applied and interpreted treaty provisions in disputes between investors and states concerning their respective rights. This flurry of treaties and arbitral decisions has seen the creation of a new branch of international law- the law of investment claims. In this revised edition, Jeswald Salacuse examines the law of international investment
treaties, specifically in relation to its origins, structure, content, and effect, as well as their impact on international investors and investments, and the governments that are parties to them.
Investment treaty law is a rapidly evolving field and since publication of the first edition, the law of international investment treaties has both experienced considerable growth and generated extensive controversy. 2011 saw the highest number of new treaty-based arbitration filed under international investment agreements to date, and in July 2014, the Yukos Universal Limited (Isle of Man) v The Russian Federation culminated with awards of over US$50 billion; a historic record for any
arbitration. Controversy in this field has primarily revolved around the investor-state dispute settlement process, which as thus far involved at least 98 states as respondents. Salacuse captures these developments in this updated edition, examining not only the significant growth in treaties, but the trends
that have followed, and their effect on the content and evolution of the law of investment treaties.
Specific topics include conditions for the entry of foreign investment and general standards of treatment of foreign investments; monetary transfers; operational conditions; protection against expropriation; dispossession and compensation for losses; dispute settlement, including negotiation, arbitration, and conciliation; and judicial proceedings.
Publisher: Oxford University Press
Number of pages: 528
Weight: 928 g
Dimensions: 241 x 167 x 35 mm
Edition: 2nd Revised edition
Professor Salacuse's seminal 2010 work is now available in a revised second edition, which will likely be as valuable to government officials, practitioners, business executives, bankers and academics as was the first edition. The Law of Investment Treaties is an important reference work on the subject for any academic or professional whose work requires an understanding of international investment agreements and their interpretation. * David A. Gantz, International Trade Law and Regulation *
With its extensive footnoting, detailed table of contents, index, tables of cases and conventions, treaties and agreements, this book excels as a valuable source of reference for researchers, academics, government officials, arbitrators and diplomats, as well as international lawyers. In fact, anyone even remotely involved in this area of law should acquire a copy. * Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers *
Review from previous edition Professor Salacuse's book is remarkably well done, reflecting his experience both as a scholar and as an arbitrator. It belongs in the libraru of any individual or institution with interests in the area of international investment law. * David A Gantz *
The quality and rigor of the scholarly inquiry is impeccable, with Salacuse methodically breaking down the complex components of subject areas and being prudently mindful of underlying variances across different treaties. * Jurgen Kurtz, American Journal of International Law *
This is an extremely useful overview of the subject to understand the contributions and the contents of BITs * Walid Ben Hamida, Emanuelle Cabrol and Fermat Morchani, Chronique De La Periode *