Counterclaims in Investment Arbitration

Edward Guntrip, Ph.D., Brunel University, is a Senior Lecturer in International Law at the University of Sussex. He is a former solicitor and publishes in the fields of international investment law, investment arbitration and international human rights law.

• AcknowledgementsAbbreviationsTable of TreatiesTable of Cases1 Investment Arbitration and Counterclaims1.1 Introduction1.2 Foreign Investors, Investment Arbitration and International Law1.3 Host State Courts1.4 The Potential Role of Counterclaims in Investment Arbitration1.5 Holding Foreign Investors Accountable for Breaches of International Law2 Jurisdiction over Counterclaims2.1 Introduction2.2 Consent to Investment Arbitration2.3 Jurisdiction over Counterclaims2.3.1 icsid Convention and icsid Arbitration Rules2.3.2 icsid Additional Facility Arbitration Rules2.3.3 uncitral Arbitration Rules2.3.4 Analysis of Arbitral Practice2.4 Recalibrating Consent to Counterclaims2.5 Preliminary Conclusions3 The Nexus between Claims and Counterclaims3.1 Introduction3.2 The Good Administration of Justice and Counterclaims3.3 The Nexus between Claims and Counterclaims in Investment Arbitration3.3.1 icsid Convention and icsid Arbitration Rules3.3.2 icsid Additional Facility Arbitration Rules3.3.3 uncitral Arbitration Rules3.3.4 Analysis of Arbitral Practice3.4 Establishing the Nexus between a Claim and Counterclaim3.5 Preliminary Conclusions4 Applicable Law and Counterclaims4.1 Introduction4.2 Determining the Applicable Law4.3 Applicable Law and Arbitration Rules4.3.1 icsid Convention and icsid Arbitration Rules4.3.2 icsid Additional Facility Arbitration Rules4.3.3 uncitral Arbitration Rules4.3.4 Analysis of Arbitral Practice4.4 Tailoring Applicable Law Provisions to Counterclaims4.5 Preliminary Conclusions5 The Source of the Counterclaim5.1 Introduction5.2 Suitable Legal Obligations5.2.1 Treaty Law5.2.2 Customary International Law5.2.3 Jus Cogens5.2.4 Domestic Law5.2.5 Soft Law5.3 The Desirable Characteristics of the Legal Obligation5.4 Preliminary Conclusions6 The Merits of the Counterclaims6.1 Introduction6.2 Legitimacy and Inconsistent Decision-Making6.3 Inconsistent Decision-Making in Arbitral Practice6.4 Means of Overcoming Conflicting Interpretations6.5 Assessing the Desirability of Counterclaims in Investment Arbitration6.6 Preliminary Conclusions7 The ‘Magic’ of Counterclaims7.1 Introduction7.2 Counterclaims in Investment Arbitration7.3 Wider Implications7.4 Concluding ObservationsBibliographyIndex