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Alberto Madero-Rincón  (Universidad del Norte) , Manuela Sossa  (Refinería de Cartagena S.A.S.)
Colombia’s Council of State Defines the Contours of Arbitral Tribunals’ Procedural Discretion in a Recent Annulment Decision
July 27, 2020

On February 27, 2020, the Third Division of the Colombian Council of State (“Court”) issued a judgment resolving an annulment petition submitted by a state-owned company’s subsidiary against an…

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Nivedita Venkatraman  (Asian International Arbitration Centre) , Teoh Shu Ling  (Asian International Arbitration Centre)
Nurturing Discourse: An Overview of AIAC's Diversity in Arbitration Week
July 27, 2020

Arbitration’s international character is derived from it being a melting pot of individuals from divergent academic, professional, age, gender, racial and ethnic backgrounds. But how far have we come…

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Aikaterini Florou  (University of Bedfordshire)
ECT Modernisation Perspectives: The Energy Charter Treaty and EU Law - A Cherry-Picking Relationship?
July 26, 2020

The Energy Charter Treaty (ECT) has recently become a household name, moving from the oblivion of the 1990s, when the treaty was drafted, to one of the most hotly debated topics in legal (and other)…

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Jan Kunstyr  (Boies Schiller Flexner LLP) , Ondrej Svoboda  (Charles University)
ECT Modernisation Perspectives: “Can the EU Make the ECT the Greenest Investment Treaty of them All?”
July 25, 2020

The signatories of the Energy Charter Treaty (“ECT”) have begun the process of the Treaty’s modernisation. This is by no means a small task given the complexity of the Treaty’s scope which covers…

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Munia El Harti Alonso  (Concepción Global, PLLC, Universidad Complutense de Madrid) , Naimeh Masumy
ECT Modernisation Perspectives: Quantum Indetermination in the Current ECT Framework – A Need to Revamp Damages Provisions in the Pursuit of Full Reparation
July 24, 2020

In the absence of a uniform standard of compensation under the Energy Charter Treaty (“ECT”), tribunals have been tasked with filling the gap and have done so by exercising an important margin of…

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Sophia Herbst  (Law Offices of Charles H. Camp) , Devin Bray  (De Brauw Blackstone Westbroek)
Developing an Archetypal ISDS Arbitrator: Unicorn or Rhinoceros
July 24, 2020

Today, there is no universal code of conduct, no single professional regulatory organization or global certification process in the field of investor-state dispute settlement (“ISDS”). Instead, the…

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Ylli Dautaj  (Durham Law School) , Per Magnusson  (Magnusson Minds)
ECT Modernisation Perspectives: Reforming the Fair and Equitable Treatment Protection
July 23, 2020

The investment protection mechanism in the Energy Charter Treaty (ECT) is meant to, among other things, promote, attract, and protect foreign investments in the member states’ energy sectors. In 2018…

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Jonathan W. Lim  (Wilmer Cutler Pickering Hale and Dorr LLP) , Gregory Travaini  (Herbert Smith Freehills LLP)
AFSA Launches New International Arbitration Rules for Public Comment
July 23, 2020

On 1 July 2020, the Arbitration Foundation of Southern Africa (“AFSA”), a leading arbitral institution in South Africa, launched its new draft International Arbitration Rules for public comment.  The…

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Crina Baltag  (Queen Mary University of London) , Loukas A. Mistelis  (School of International Arbitration, Queen Mary University of London (QMUL))
ECT Modernisation Perspectives: ECT Modernisation and the Denial of Benefits Clause: Where the Practice Meets the Law
July 22, 2020

Denial of benefits clauses (DoB) have gained considerable traction in the past prolific years of Investor-State Dispute Settlement (ISDS), and more specifically, with the growing number of Energy…

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Urban Rusnák  (Energy Charter Secretariat)
ECT Modernisation Perspectives: Modernisation of the Energy Charter: The Long Story Told Short
July 21, 2020

Modernisation of any multilateral treaty is a category of tasks on its own. There are several prerequisites which shall be in place, apart from obsolete language and provisions. The most crucial…

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