By Elizabeth Sheridan The International Centre for Settlement of Investment Disputes (ICSID) was created in 1966 to promote international investment by providing confidence in the dispute resolution process. In many developing countries, it is essential to attract consistent foreign investment to provide necessary capital and infrastructure conducive for long-term economic and institutional development. Investor-state dispute…
Tag: politics
Winning Isn’t Getting Paid: Russia and the Enforcement Crisis in Arbitration
By Esther Eikins International arbitration is often regarded as the premier mechanism for resolving cross-border disputes because it promises neutral decision-making and enforceable outcomes. Yet enforcement battles involving Russia reveal how fragile this system can be when geopolitical conflict intervenes. Although the enforcement framework under the New York Convention relies on national courts to recognize…
