All Posts By

Anna Förstel - University of Pennsylvania Law School, LLM

International Investment Law Symposium LLM Perspectives Online Publications

Can the E.U. Proposal to Establish an Investment Court Through TTIP Inform the Establishment of an Appeal Mechanism in ICSID?

1. Introduction The negotiations between the E.U. and the U.S. on the Transatlantic Trade and Investment Partnership (TTIP) have sparked new public debates on the legitimacy of arbitration as an investor-state dispute settlement mechanism. Investor-state arbitration has been subject to increasing criticism in recent years.01Steven Finizio, The European Commission’s Draft TTIP and the Proposed Investment Court System, Lexis PSL Arb., Sept. 30, 2015. Practitioners are concerned with the lack of consistency among arbitral awards and the absence of a procedure to correct erroneous decisions. Critics also maintain that arbitrators are inherently biased against states.02John Beechy, Investment Arbitration, TTIP – Myths…

Read More