This case note examines the January 2013 arbitral award in Vannessa Ventures v Venzuela. Vannessa Ventures claim alleging expropriation of its investment in a mining joint venture project was rejected by the Tribunal, which found that Venezuela's actions were legitimate responses to breaches of...

This chapter evaluates a number of special legal issues facing the negotiating parties of the Trans-Pacific Partnership Agreement (‘TPP') as they develop a formal State-State dispute settlement mechanism. In particular, it looks at issues relating to conflicts of norms, conflicts of...

Host states not infrequently find themselves responding to claims by investors under international investment agreements (‘IIAs') following a series of corporate steps to enable the claim to take place: restructuring of existing chains of corporate ownership; transfers of assets to new or...

Most modern preferential trade agreements (PTAs) contain formal state– state dispute settlement mechanisms, and the Trans-Pacific Partnership Agreement (TPP) will be no exception. The addition of Mexico and Canada to the TPP negotiations brings the total number of TPP parties to 11,...

This chapter assesses the role of good faith in managing parallel investment and trade disputes. It considers the jurisdictional and substantive overlap in trade and investment regimes that give rise to parallel disputes, and the normative considerations such as double remedies and conflicting...

Australia became the first country to introduce standardised or plain packaging laws for tobacco products in 2011. However, they immediately came under direct and indirect challenge from the tobacco industry in various domestic and international fora, including at the World Trade Organization...