The legal environment for international trade and foreign investment has changed dramatically since the end of the Cold War. International trade and investment dispute resolution, in particular through international arbitration and other non-judicial dispute settlement mechanisms, has become increasingly common. Foreign investors are much more willing to pursue claims against host state, (e.g., for alleged expropriation or discriminatory behavior). Further, public international law principles must also be considered once a state is involved. Principles will be addressed such as state responsibility, expropriation and acts tantamount to expropriation, which comprises fair and just compensation, immunity from suit and immunity from execution. These public international law principles overlap somewhat uncomfortably with the commercial interests of foreign investors. Developments in investment arbitration and trade dispute resolution have been rapid in recent years. It is now crucial that academics and legal practitioners be aware of the complex international legal elements involved in the resolution of investment and trade disputes.DRI Summer London course. Grading: Letter graded Credits: 2 Offered: Summer Subject Areas: Dispute Resolution
