The growth in cross-border investments in an increasingly globalised economy means there are more international disputes between foreign investors and states than ever. Investment treaty arbitration has become the preferred mechanism for resolving disputes – however, securing a final arbitral award is often just the beginning of a complicated process. Spearheaded by leading arbitration practitioner, Julien Fouret, this third edition brings together over 70 experts to provide up-to-date substantive analysis of recurring issues at the award enforcement stage plus practical perspectives on enforcing awards based on investment treaties. It explores key topics including: • the specifics of the International Centre for Settlement of Investment Disputes mechanism; • the enforceability and enforcement of provisional measures; • stays of enforcement pending annulment and set-aside proceedings; • enforcement of awards against sovereign states in a landscape of sovereign immunity; • enforcement of awards against assets of states, state entities and state-owned companies; • enforcement of ICSID awards in national courts; and • intra-EU BIT disputes and their enforcement consequences.This edition also features more than 30 country-specific chapters covering applicable international and domestic legal frameworks and reviews of the most recent practices. New jurisdictions covered in this edition include Austria, Japan, Poland and Saudi Arabia.Whether you are an arbitration lawyer in private practice or a user of investment treaty arbitration, this edition will provide you with holistic, practical and theoretical insight on the most important step of an arbitral process against a state or state entity.
