Professor Christian J. Tams and I explore the role that countermeasures by States can and cannot play in the world of investor-State dispute settlement in this latest post in Kluwer Arbitration Blog
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Madagascar has applied to annul a €7 million ICSID award won by two Belgian brothers whose clothes factory was looted and burned down during civil unrest – four years after the state successfully set aside a previous investment treaty award won by the same investors.
The full story is available on Global Arbitration Review
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