In the past twenty years the world of investment arbitration has taken the commercial world by storm. There are over 2,750 bilateral investment treaties and almost every one of them has an arbitration provision. Investment arbitration is now a prominent feature of the arbitration landscape. Just as BITs have proliferated in recent years, so too have free...
One of the most significant questions under GATT Article XX is whether States can violate WTO rules in order to protect against foreign harms. It is an issue that has plagued the GATT/WTO for almost twenty years, most famously in the Tuna-Dolphin and US--Shrimp cases. If, for example, Article XX(b) allows departures from WTO rules "to protect human,...
Last week I had the privilege to attend an investment arbitration conference and FDI moot court competition at Pepperdine. Kudos to Murdoch University of Australia for winning the competition and my alma mater NYU for winning the highest overall ranking. There was much to ponder in the conference from the likes of Andrea Bjorkland, Todd Weiler, Anna Joubin-Bret...
AFP ran an interesting story yesterday about how Palestinians are using their tunnels to smuggle goods into Egypt, in defiance of Israel's ongoing ban on exports from Gaza: But the canvas sacks full of food, beauty products and second-hand clothes that used to be dragged through hundreds of tunnels beneath the border now flow the other way in a...
On behalf of all of us at Opinio Juris, I am delighted to announce that John Louth of Oxford University Press will be blogging with us this week. John joined OUP in 1997 and is now Editor-in-Chief of Academic Law, covering books, journals, and online services. He graduated from Cambridge with an undergraduate degree in law and philosophy and with...
If passed, the House bill, "Currency Reform for Fair Trade Act" (H.R. 2378) has all the markings of a major trade battle before the WTO. At bottom, the law requires the United States administrative agencies to treat currency manipulation as a subsidy that would be subject to countervailing duties equal to the benefit to exporters conferred by the manipulation. The...
A while back I wrote a sort post on the violent political economy of rare earth elements, also known as REE's. A recent Congressional Research Service report (.pdf is here) describes the central (and until recently under-reported) role of REE's in the modern economy and national security infrastructure: Some of the major end uses for rare earth elements include use in automotive...
The IISD’s paper on transparency I mentioned this morning demonstrates why the investment regime is globalization’s Rorschach test. Recent scholarship (most prominently the work of one of the participants at Barcelona, York University Professor Gus Van Harten (see, e.g., “A Case for an International Investment Court,” available here) contends that investor-state arbitration is nothing like the commercial arbitration between private...
The opportunity to guest blog on Opinio Juris is most appreciated. It is almost like having the ASIL Presidency forum all over again. My first topic emerges from a conference hosted by the Canadian-based Institute for Sustainable Development in Barcelona in July 2010. The Institute invited a number of practitioners and scholars to address the topics of transparency and independence in...
The U.S. Congress is just about to have their much-dreaded midterm elections, and they will probably not do much before November 2 except to spend millions of dollars on annoying campaign ads. But it looks like before they break for the election, Congress may vote on two bills that may violate U.S. obligations under the WTO and NAFTA. First, Congress is...
The following is a guest post from Chimene Keitner, Associate Professor of Law at Hastings. My thanks to her for contributing it! The Second Circuit’s recent panel opinion in Kiobel v. Royal Dutch Petroleum has justifiably spurred much talk in the blogosphere, including posts by Trey Childress, Ken Anderson, Julian Ku, and Kevin Jon Heller. Here are my preliminary thoughts. First, it...
It's always dangerous to opine on a judgment you have only skimmed, so I'll phrase my thought as a question instead. Here is what the ATS Statute says: The district courts shall have original jurisdiction of any civil action by an alien for a tort only, committed in violation of the law of nations or a treaty of the...
