Jump to ContentJump to Main Navigation
The Global Community Yearbook of International Law and Jurisprudence 2018$
Users without a subscription are not able to see the full content.

Giuliana Ziccardi Capaldo

Print publication date: 2019

Print ISBN-13: 9780190072506

Published to Oxford Scholarship Online: September 2019

DOI: 10.1093/oso/9780190072506.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 17 April 2021

Introductory Note

Introductory Note

From Uncertainty About the Ratione Personae Requirements for Jurisdiction to the Friction Between Regulatory Measures and Investment Obligations—ICSID Arbitration in 2017

(p.793) IX.1 Introductory Note
The Global Community Yearbook of International Law and Jurisprudence 2018

August Reinisch

Oxford University Press

In 2017, the jurisprudence of ICSID tribunals and ad hoc committees largely followed established lines. The jurisdictional decisions in Koch v. Venezuela and Bridgestone v. Panama evidenced that in spite of the lowered standards under the Salini-light test investment tribunals are still concerned about including normal sales transactions under the scope of investment agreements. They have similarly grappled with avoiding to fully open up their ratione personae jurisdiction to state-owned companies. On substantive issues, the tribunal in Bear Creek Mining v. Peru found an indirect (and unlawful) expropriation, whereas the tribunal in Eiser v. Spain held that the fundamental change of the regulatory regime in renewable energy violated the host state’s obligations under the Energy Charter Treaty’s fair and equitable treatment obligation. Various ICSID tribunals in the renewable energy cases against the Czech Republic, Italy and Spain, dealt with the stability and predictability obligations of host states under the FET standard in light of regulatory changes. The annulment committee in Suez v. Argentina (II) confirmed its limited power of reviewing ICSID awards.

Keywords:   annulment, fair and equitable treatment, full protection and security, indirect expropriation, jurisdiction ratione materiae, jurisdiction ratione personae, legality requirements of expropriation, MFN clauses

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .