Dispute Resolution Through ICSID
Mondaq Business Briefing › United Kingdom Law Articles in English (2002)
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Dispute Resolution Through ICSID
Arbitration has long been the preferred method of resolving investment disputes. It offers a private and neutral forum outside the jurisdiction of the country into which the investment was made. Furthermore the parties can appoint arbitrators with the appropriate specific technical or legal expertise for the particular type of dispute. Arbitration also offers greater prospects of enforceability than a judgment of a national Court given the extensive ratification of the New York Convention1.
ICSIDThe International Centre for Settlement of Investment Disputes (ICSID) was established in 1966 by a multilateral treaty: the Convention on the Settlement of Investment Disputes between States and Nation...See the full content of this document
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