Beruflich Dokumente
Kultur Dokumente
Cost of arbitraton
(iv)
Non signatories
This becomes a problem when investors are made parties unwillinlgly like shell
corporations ownd by bigger cos such as in dow chemical case wher parent co was
held liable.
(v)
Conflicting awards
This problem has serously emerged in last decade that interntional law does not have
a system of precedent. Same tribunal for similar case gives diiferent award.ex CME
VS Czech Republic case
The law governing invetment state arbitration ha evolved a lot to grant party various
relifs through amendment in ICSID rules under which paty can ask for interim relief
or for proividing provisional relief on expedited basis which in turn has helped in
making them upto to date but still a long way away from ideal but step in the right
direction.