Trade & Economic Law

English-language OJ readers are fortunate to have University of Connecticut's Peter Lindseth spending the semester in Berlin as the Daimler Fellow at the American Academy, where among other things he is posting to the Eutopia law blog on various governance issues in Europe.  (As I indicated in my earlier post, I plan to concentrate on international economic law, governance issues, and international and comparative law issues - including ones like this one, EU governance, in which as a non-specialist, I plan to act as facilitator, raising questions.)  In a recent Eutopia post, Lindseth pointed to an interview in Der Spiegel with Udo di Fabio, outgoing member of the German Federal Constitutional Court (FCC).  The interview is fascinating, particularly as glossed in Lindseth's post:
As readers of [Eutopia blog] know well, the FCC has played, and will continue to play, a critical role in defining the constitutional parameters of Germany’s role in the ongoing struggle to resolve the Eurozone crisis. The Court’s jurisprudence will necessarily loom large as long as Germany serves as the Eurozone’s paymaster, and as long as the Court insists, as a matter of domestic constitutional law, on two conditions related to that function: first, that Germany’s financial participation in any bailouts must be determinate and not open-ended (i.e., no Eurobonds or other instruments amounting to joint and several liability); and second, that the national legislature must, consistent with historically grounded yet evolving conceptions of parliamentary democracy, be given an effective voice in approving the extent of Germany’s financial participation. The FCC views these two conditions as essential to preserving Germany’s democratic sovereignty in the face of the evident functional demands of the crisis, even as the Court otherwise permits, indeed even encourages, further European integration. In the current environment, these parameters will be critical because the resolution of the crisis will almost certainly demand some very costly sacrifices by the German taxpayer.
A second post from Lindseth, following the French credit downgrade, asks two key questions about German governance institutions:

Tomorrow, as part of its Leading Figures in International Dispute Resolution Series, the ASIL’s International Courts and Tribunals Interest Group (ICTIG) will host a talk by Meg Kinnear, Secretary General of the International Centre for Settlement of Investment Disputes (ICSID) to discuss the ICSID system for settling investor-state disputes. The event details are as follows: ASIL Headquarters, Tillar House 2223 Massachusetts Avenue, NW Washington DC 20008 January 17, 2012 6:00...

Last fall, I posted about possible governance effects of eurozone crisis on the EZ and, more broadly, the EU.  I raised questions not as an expert on European institutions, law, or governance, but as someone with a long interest in governance and legitimacy questions for the international system.  They elicited some very interesting responses, particularly from University of Connecticut’s Peter...

I think there is little doubt where I stand on the merits of the Chevron litigation, so I am not going to get into the substance of the dispute here.  But I have an honest question that I am hoping someone will answer.  Let's assume, for sake of argument, that Chevron is correct to argue that the $18 billion judgment...

As Kevin noted yesterday, on January 3, 2012 an Ecuador Appeals Court affirmed the $18 billion judgment against Chevron in the long-running battle over environmental damage. (Available in English and the original Spanish here). According to an unofficial English translation of the sixteen page opinion, the Court dismissed all of Chevron’s arguments, including the allegations of fraud....

Great news -- an appeals court in Ecuador has upheld the $18 billion damages award imposed on Chevron for the damage caused by its deliberate dumping of more than 18 billion gallons of toxic waste-water in the country, known as the "Rainforest Chernobyl": The lawsuit deals with pollution of the rainforest by energy company Texaco, which Chevron bought in 2001. Chevron...

By Marty Lederman and Steve Vladeck* Section 1021 of the NDAA and the Laws of War In our companion post, we explained that section 1021 of the NDAA will not have the dramatic effects that many critics have predicted--in particular, that it will not affect the unresolved question of whether the 2001 Authorization for Use of Military Force (AUMF) would authorize a...

A group of distinguished Nuremberg scholars, including myself (minus the distinguished part), have filed an amicus brief in Kiobel v. Royal Dutch Petroleum on behalf of the petitioners.  The brief argues that although the Nuremberg trials themselves did not involve the prosecution of juridical persons such as corporations, a wide variety of Allied actions outside of judicial fora indicate that...

Was the Durban climate conference a success or failure?  As always, the answer depends on one's frame of reference. As compared to the expectations going in, the outcome was more than I think most people thought possible.  In a pre-Durban paper entitled "W[h]ither the Kyoto Protocol," I identified three scenarios: (1) business-as-usual, with modest progress in developing the Copenhagen/Cancun framework and...

Durban, South Africa, December 8 - The one silver lining to the slow pace of the climate change negotiations is that it gives one plenty of time to attend "side events" to learn what is going on in the broader world of climate policy.  In the past couple of days, I attended side events on innovative climate finance, the "partnership...