Konflikt interesów w arbitrażu inwestycyjnym. Wyrok C-284/16 i jego oddziaływanie na losy BIT-ów
Journal Title: ADR. Arbitraż i Mediacja - Year 2018, Vol 3, Issue 43
Abstract
Bilateral Investment Treaties, the so-called BITs, are international agreements which are concluded between two countries. Their primary goal is to protect foreign investors from the measures taken by the state legislature. BITs form the basis of resolving the solidity of individual claims brought by investors before an independent arbitral tribunal in cases where the damage results from state illegal legislative actions. The presented law solution has evoked many controversies in the legal doctrine. The reluctance to BITs in recent years has been submitted by the European Commission and some EU countries, including Poland as well. Therefore, long-awaited CJEU judgment in the Achmea case was supposed to unify the contradictory statements. In that case, the Tribunal expressed that the provisions of international agreements concluded between EU Member States enabling an investor from one contracting state to institute proceedings before an arbitral tribunal against the other contracting State are incompatible with the provisions of the Treaty on the Functioning of the European Union.
Authors and Affiliations
Patrycja Figuła, Aleksandra Rudkowska
Keywords
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