Emerging Practices of International Investment Arbitration Tribunals in Adjudicating Illegal Investments: Analyzing Selected Cases

dc.contributor.advisorHabib, Mohammed (Associate Professor)
dc.contributor.authorBaraky, Efream
dc.date.accessioned2021-07-06T08:35:16Z
dc.date.accessioned2023-11-08T11:44:52Z
dc.date.available2021-07-06T08:35:16Z
dc.date.available2023-11-08T11:44:52Z
dc.date.issued2015-10
dc.description.abstractThere is support in the investmel1l treaty cases for the proposition that the lawfulness of the investment is a condition precedent for the conferral of adjudicative power upon tribunals or for the availability of substantive protections at the merit phase. This plea of legality is justified by reference to arguments either: (i) an express provision of the treaty requires that lawjii/ness of the investment; or (ii) the notion that investment treaties should give effect to general principles of laws such as good faith or the maxim that a ciaimal1l should not be able to profit from its own wrongs. However, in effect, the decision on when to address the plea of illegal investmel1l has proved to have shown potentially significal1l consequences for the respondent, the claimant and for the general outcomes of investment arbitrations. In this vein, many legal scholars who have studied the trend of this discourse seemed to have supported the idea that when an express provision of the applicable treaty requires the lawjitlness of the invesll17ent, the tribunal must consider the plea of illegal investment as jurisdictional question. Conversely, where there is no an express provision of the applicable treaty requires the lawfii/ness of the investment, tribunals must consider the mailer as regards the merit of the dispute either to affect the substantive protection or the amount of compensation due. This thesis, however, defended that such conclusions are not amenable to be a consistent broad- spectrum and unified interpretation as can be evidenced by examination of more inclusive authoritative international investment cases, which instead proposed that adjudication to bemade by giving significant emphasis to the specificity of a given qualification in the lIA, and/or of the circumstances of the aClllal case.en_US
dc.identifier.urihttp://etd.aau.edu.et/handle/123456789/27077
dc.language.isoenen_US
dc.publisherAddis Ababaen_US
dc.titleEmerging Practices of International Investment Arbitration Tribunals in Adjudicating Illegal Investments: Analyzing Selected Casesen_US
dc.typeThesisen_US

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