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International investment arbitraion in selected EU Member States
Kiselyová, Miriama ; Šturma, Pavel (advisor) ; Chovancová, Katarína (referee) ; Balaš, Vladimír (referee)
International investment arbitraion in selected EU Member States Abstract This dissertation describes and analyzes the state of international investment arbitrations against selected EU Member States: the Slovak Republic, the Czech Republic, Poland, Hungary and Romania. The goal is to gain an overview of the current status of ongoing and completed arbitrations, the background of the dispute and its causes, BIT breach sued/found, compensations sued/awarded and the outcome of the dispute (including annulment proceedings and possibly proceedings before the CJ EU), as well as using the lessons learned in further practice, either in BIT negotiation or in arbitrations. The first chapter briefly explains what international arbitration is and briefly defines selected arbitration rules. Next, the chapter explains what international investment agreements are, what their purpose is and what their usual content is. Subsequently, the content of modern investment agreements is briefly described. The chapter further briefly recalls the accession process of the Slovak Republic to the EU, analyzes the principle of priority of EU law not only over national but also international law, defines the line of argumentation of the so-called intra EU BIT objections of the Slovak Republic in investment arbitrations, a brief analysis...
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General exceptions and police powers doctrine in indirect expropriation
Bělova, Alžběta ; Balaš, Vladimír (advisor) ; Šturma, Pavel (referee)
1 ABSTRACT International investment dispute resolution is undoubtedly a place where many public and private interests come together, and it is not always easy to find equilibrium thereamong. Finding this balance is often a very complex discipline, as was confirmed by many investment tribunals in their decision-making practice. One of the most discussed problems in today's investment disputes is the issue of indirect expropriation and the related possibility of the state to adopt various regulatory measures and laws. It is often the case that, as a result of such measures, the proprietary rights of an investor are infringed and, as a consequence, they may bring a claim before an international investment tribunal against the respective state on the grounds of indirect expropriation. It is precisely because of this possible course of events that states have gradually become more cautious in adopting various legal measures, although some of them might be needed for the sake of environmental protection or the health of the population. This unwanted condition has come to be called "regulatory chill". In response to these developments in international investment law, states have gradually started to include certain provisions in their international investment agreements, which aspire to restore and secure the...
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