Applicable Law in Investor-State Arbitration by Hege Elisabeth Kjos
Applicable Law in Investor-State Arbitration

Applicable Law in Investor-State Arbitration


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About the Book

This is an open access title available under the terms of a CC BY-NC-ND 3.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.

This book examines the law, national and/or international, that arbitral tribunals apply on the merits to settle disputes between foreign investors and host states. In light of the freedom that the disputing parties and the arbitrators have when designating the applicable law, and because of the hybrid nature of legal relationship between investors and states, there is significant interplay between the national and the international legal order in investor-state arbitration.

The book contains a comprehensive analysis of the relevant jurisprudence, legal instruments, and scholarship surrounding arbitral practice with respect to the application of national law and international law. It investigates the awards in which tribunals referred to consistency between the legal orders, and suggests alternatives to the traditional doctrines of monism and dualism to explain the relationship between the national and the international legal order. The book also addresses the territorialized or internationalized nature of the tribunals; relevant choice-of-law rules and methodologies; and the scope of the arbitration agreement, including the possibility of host states presenting counterclaims in investment treaty arbitration. Ultimately, it argues that in investor-state arbitration, national and international law do not only coexist but may be applied simultaneously; they are also interdependent, each complementing and informing the other both indirectly and directly for a
larger common good: enforcement of rights and obligations regardless of their national or international origin.

About the Author:
Dr. Hege Elisabeth Kjos is Assistant Professor of International Law at the University of Amsterdam. Her research and courses focus on international law and international dispute settlement in general, and international investment law and arbitration in particular. In addition, she is a Board Member of Arbitration International, Kluwer Law International and General Editor of the Hague Yearbook of International Law, Brill. She previously worked at the Legal Department of the World Bank in Washington, D.C., following studies in Norway, France, the Netherlands, and the United States.


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Product Details
  • ISBN-13: 9780199656950
  • Publisher: Oxford University Press (UK)
  • Publisher Imprint: Oxford University Press (UK)
  • Depth: 25
  • Language: English
  • Returnable: Y
  • Spine Width: 28 mm
  • Weight: 710 gr
  • ISBN-10: 0199656959
  • Publisher Date: 19 May 2013
  • Binding: Hardback
  • Height: 234 mm
  • No of Pages: 368
  • Series Title: Oxford Monographs in International Law
  • Sub Title: The Interplay Between National and International Law
  • Width: 155 mm


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