Pushing the Boundaries vs. Striking a Balance: The Scope and Interpretation of Stabilization Clauses in Light of the Duke v. Peru award

Journal of World Investment and Trade

Volumn 11, Issue 1, 2010, Pages 27-43

  Cotula, Lorenzo ^a  

^a SAPIENZA UNIVERSITY OF ROME   (Italy)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84909423812     PISSN: 16607112     EISSN: 22119000     Source Type: Journal    
DOI: 10.1163/221190010X00293     Document Type: Review

References (12)

1. Duke Energy International Peru Investments No. 1 Ltd. V. Republic of Peru, Award on the Merits, 18 August 2008, ICSID Case No. ARB/03/28. An annulment proceeding is currently pending before an ICSID ad hoc committee.
2. Christopher Greenwood, "State Contracts in International Law: The Libyan Oil Arbitrations", 53 Bb.Y.B. Int'I L.27 (1982).
3. Esa Paasivirta, Participation of States in International Contracts and Arbitral Settlement of Disputes (1990)
4. Nagia Nassar, Sanctity of Contracts Revisited: A Study in the Theory and Practice of Long-Term International Commercial Transactions (1995)
5. Thomas Walde and George N'Di, Stabilising International Investment Commitments, 31 Texas Int'l. LJ 215 (1996)
6. Piero Bernardini, The Renegotiation of the Investment Contract, 13(1) ICSID. Rev-FILJ 411-425 (1998)
7. Peter Muchlinski, Multinational Enterprises and the Law (1999)
8. Klaus Peter Berger, Renegotiation and Adaptation of International Investment Contracts: The Role of Contract Drafters and Arbitrators, 36(3) Vanderbilt Journal of Transnational Law 1347-1380 (2003)
9. Abdullah Faruque, Validity and Efficacy of Stabilization Clauses: Legal Protection vs. Functional Value 23 J. Int'l Arb. 317 (2006)
10. A.F.M. Maniruzzaman, "Stabihzation in Investment Contracts and Change of Rules by Host Countries: Tools for 0 G Investors", Association of International Petroleum Negotiations (2007)
11. Peter D. Cameron, "Stabilization in Investment Contracts and Change of Rules by Host Countries: Tools for 0 G Investors", Association of International Petroleum Negotiations (2007)
12. Sheppard, A., and Crockett, A., "Stabilisation Clauses: A Threat to Sustainable Development?", forthcoming in Cordonier-Segger, M.C., Gehring, M., and Newcombe, A. (Eds), Sustainable Development in World Investment Law, Kluwer Law International