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Seungwoo Cha - University of Pennsylvania Law School, LLM

International Investment Law Symposium LLM Perspectives Online Publications

Losing Credibility Of Tribunals’ Interpretations: The Standards Of Review Of “Denial Of Justice” Lacking In Relationships With Treaty Wording

I. Introduction Today, no one would doubt that investment arbitrations have become an indispensable part of international investment treaties, or that investment arbitrations are a leading reason why states conclude international investment treaties. As the total number of investment treaties have increased, so too have the total number of arbitration cases.01United Nations Conference on Trade and Development, World Investment Report 2015, 136 (2015). In the past few years (2008–15), 410 new IIAs have been concluded, and 316 new ISDS cases have been registered. Although the relationship between those two numbers is not clear, it appears evident that States are growing…

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