ICLG - Investor-State Arbitration 2022

Welcome to the 2022 edition of ICLG - Investor-State Arbitration. I am delighted to introduce this latest exploration of developments in investment arbitration on behalf of Foley Hoag LLP. As the COVID-19 pandemic has continued to wreak havoc around the world in 2021, we have also experienced the devastating impact of climate change at ever more unprecedented levels. These and other major global events have begun to reverberate in the investment arbitration scene, with international businesses increasingly looking to investment arbitration tribunals to help them obtain compensation for State measures that they perceive to be violating international investment agreements ("IIAs"). At the same time, States have continued to seek reform of the investor-State arbitration legal landscape at various levels. Many are negotiating bilateral and regional IIAs that more explicitly recalibrate the balance of obligations and rights between investors and States, for example. Others are involved in multilateral procedural reform through the United Nations Commission on International Trade Law ("UNCITRAL") and the International Centre for Settlement of Investment Disputes ("ICSID"). As investment arbitration legislation and case law continue to evolve rapidly, it is critical to maintain an accurate guide regarding current relevant practices and law in various jurisdictions. The 2022 edition of this Guide accomplishes that objective by providing global businesses leaders, in-house counsel, State representatives, and international legal practitioners with ready access to important information regarding 13 jurisdictions. It also includes environmental considerations in investment arbitrations and treaties, expert analyses on collecting investor-State awards, as well as the impact of EU law on investment arbitration and IIAs and the state of play of European Union ("EU") investment protection. Congratulations to Global Legal Group for successfully publishing yet another authoritative comparative legal guide. And many thanks to each contributor who made it possible by sharing generously their knowledge and experience.
 
Welcome to the 2022 edition of ICLG - Investor-State Arbitration. I am delighted to introduce this latest exploration of developments in investment arbitration on behalf of Foley Hoag LLP. As the COVID-19 pandemic has continued to wreak havoc around the world in 2021, we have also experienced the devastating impact of climate change at ever more unprecedented levels. These and other major global events have begun to reverberate in the investment arbitration scene, with international businesses increasingly looking to investment arbitration tribunals to help them obtain compensation for State measures that they perceive to be violating international investment agreements ("IIAs"). At the same time, States have continued to seek reform of the investor-State arbitration legal landscape at various levels. Many are negotiating bilateral and regional IIAs that more explicitly recalibrate the balance of obligations and rights between investors and States, for example. Others are involved in multilateral procedural reform through the United Nations Commission on International Trade Law ("UNCITRAL") and the International Centre for Settlement of Investment Disputes ("ICSID"). As investment arbitration legislation and case law continue to evolve rapidly, it is critical to maintain an accurate guide regarding current relevant practices and law in various jurisdictions. The 2022 edition of this Guide accomplishes that objective by providing global businesses leaders, in-house counsel, State representatives, and international legal practitioners with ready access to important information regarding 13 jurisdictions. It also includes environmental considerations in investment arbitrations and treaties, expert analyses on collecting investor-State awards, as well as the impact of EU law on investment arbitration and IIAs and the state of play of European Union ("EU") investment protection. Congratulations to Global Legal Group for successfully publishing yet another authoritative comparative legal guide. And many thanks to each contributor who made it possible by sharing generously their knowledge and experience.