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Duration of Investor-State Dispute Settlement Proceedings
Stockholm University, Faculty of Law, Department of Law.ORCID iD: 0000-0002-1335-4233
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Number of Authors: 112020 (English)In: Journal of World Investment & Trade, ISSN 1660-7112, E-ISSN 2211-9000, Vol. 21, no 2-3, p. 300-335Article in journal (Refereed) Published
Abstract [en]

Speed is often touted as an advantage of arbitration. In recent years, however, some have worried that investment arbitration risks losing this advantage. Concerns about the length of investor-State dispute settlement (ISDS) proceedings have also been raised in the discussion about IS DS reform. This article analyses the duration of IS DS proceedings applying a data-centric approach and evaluates the impact of proposed ISDS reforms on the duration of proceedings. After some terminological clarifications on when proceedings are 'excessively' long, the article sets out the evidence on the length of proceedings using several data-sets. As a comparator, we present data on the length of World Trade Organization (WTO) proceedings, even though we urge caution as to the usefulness of such a comparator. The article then discusses the impact of various reform proposals on the duration of proceedings, namely improving ISDS, adding an appellate mechanism, establishing a multilateral investment court and abolishing ISDS.

Place, publisher, year, edition, pages
2020. Vol. 21, no 2-3, p. 300-335
Keywords [en]
appeal, bifurcation, due process, duration of proceedings, excessive length of proceedings, investor-State dispute settlement (ISDS), multilateral investment court, World Trade Organization
National Category
Law
Identifiers
URN: urn:nbn:se:su:diva-183686DOI: 10.1163/22119000-12340174ISI: 000543495000004OAI: oai:DiVA.org:su-183686DiVA, id: diva2:1455159
Available from: 2020-07-22 Created: 2020-07-22 Last updated: 2022-02-28Bibliographically approved

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Baltag, Crina

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