...states the operation of different non-national sources of law operating side by side: fundamental principles, customs, treaties, general principles, and party autonomy. It is clear that in the legal order between states, we acknowledge immanent or informal law formation along these
lines even if treaties may often be preferred and the other sources have suffered here also because of 19th Century exalted sovereignty ideas. But treaties are there foremost to clarify, be more specific or remedy as indeed bilateral investment treaties (BITs) for the protection of foreign investment normally do....
02.04.12
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Jan Dalhuisen
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