4 Exceptions To Termination Of Intra-EU Investor Arbitration
Law360 (May 14, 2020, 4:20 PM EDT) -- On May 5, 23 member states of the European Union signed an agreement for the termination of intra-EU bilateral investment treaties. This article highlights the key provisions of the termination agreement and discusses some of the potential legal consequences for intra-EU investor-state arbitration.
The termination agreement is the latest development in the EU's efforts to eliminate the investor-state arbitration provisions of intra-EU bilateral investment treaties, or BITs.
BITs are treaties intending to promote and protect foreign investment and agreed to by two states. They contain reciprocal undertakings by a state party to uphold certain legal standards and confer legal protection...
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