Bilateral investment treaties (BITs) are an increasingly important component of international investment law. There are currently more than 2,000 BITs involving some 175 countries active around the world. These agreements cover a huge range of industry sectors and business activities. The United...

For most of the twentieth century, international courts and tribunals rarely enjoyed blanket jurisdiction over foreign nationals. This has changed with the advent of ‘investment treaty arbitrations.’ Investment treaty arbitration is a treaty-based regime that uses rules and structures of...