Book contents
- The Cambridge Companion to International Arbitration
- Cambridge Companions to Law
- The Cambridge Companion to International Arbitration
- Copyright page
- Dedication
- Contents
- Contributors
- Foreword
- Preface
- Treaties, National Legislation, Cases and Awards
- Part I The History, Doctrines and Sociology of the Growth of Transnational Justice
- Part II International Commercial Arbitration as a Transnational Justice System
- Part III Investor-State Arbitration
- 8 Rise of a Discipline
- 9 Consent to Arbitration in Foreign Investment Arbitration
- 10 Applicable Law in International Investment Arbitration
- 11 The Historical Contribution of the World Bank
- 12 ICSID Today
- 13 The Future for International Investment Arbitration
- Part IV Inter-State Arbitration and the Pursuit of Peace
- Part V Systemic, Trans-Substantive and New Issues
- Index
8 - Rise of a Discipline
from Part III - Investor-State Arbitration
Published online by Cambridge University Press: 08 October 2021
- The Cambridge Companion to International Arbitration
- Cambridge Companions to Law
- The Cambridge Companion to International Arbitration
- Copyright page
- Dedication
- Contents
- Contributors
- Foreword
- Preface
- Treaties, National Legislation, Cases and Awards
- Part I The History, Doctrines and Sociology of the Growth of Transnational Justice
- Part II International Commercial Arbitration as a Transnational Justice System
- Part III Investor-State Arbitration
- 8 Rise of a Discipline
- 9 Consent to Arbitration in Foreign Investment Arbitration
- 10 Applicable Law in International Investment Arbitration
- 11 The Historical Contribution of the World Bank
- 12 ICSID Today
- 13 The Future for International Investment Arbitration
- Part IV Inter-State Arbitration and the Pursuit of Peace
- Part V Systemic, Trans-Substantive and New Issues
- Index
Summary
The expression “international arbitration” encompasses everything from historic State-to-State border disputes to routine business transactions having an international dimension (such as contracts for the transportation of goods). International commercial arbitration frequently involves State-controlled entities, and indeed a lesser but still significant number of arbitrations have been brought by foreign investors having a direct contractual relationship with a State, such as the famous Aramco case1 involving the effectiveness against Aramco of a 30-year preference granted to Aristotle Onassis by Saudi Arabia to transport oil produced in the Kingdom and AMINOIL v. Kuwait,2 which dealt with the international lawfulness of the expropriation of an important oil concession.
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- Information
- The Cambridge Companion to International Arbitration , pp. 179 - 203Publisher: Cambridge University PressPrint publication year: 2021