We use cookies to enhance your experience on our website. By continuing to use our website, you are agreeing to our use of cookies. You can change your cookie settings at any time.
Find out more
Jump to Content
Jump to Main Navigation
User Account
Personal Profile
See all online law products
More
About
Guided Tour
Subscriber Services
FAQs
Help
Contact Us
Search
Browse all
Content type
Case reports
Arbitral cases
Commentary and analysis
Book content
Journal articles
Yearbook articles
Investment treaty overviews (by jurisdiction)
Treaties
Multilateral treaties
Bilateral investment treaties
Other instruments and materials
Arbitral rules
Author
Arbitrators and Counsel
My Content
(0)
Recently viewed
(0)
Save Entry
My Searches
(0)
Recently viewed
(0)
Save Search
Print
Save
Cite
Email this content
Share Link
Copy this link, or click below to email it to a friend
Email this content
or copy the link directly:
https://oxia.ouplaw.com/abstract/10.1093/law/9780198804918.001.0001/law-9780198804918-miscMatter-7
The link was not copied. Your current browser may not support copying via this button.
Link copied successfully
Copy link
Share This
Sign in
You could not be signed in, please check and try again.
Username
Please enter your Username
Password
Please enter your Password
Forgot password?
Don't have an account?
Sign in via your Institution
You could not be signed in, please check and try again.
Sign in with your library card
Please enter your library card number
View translated passages only
Oxford Law Citator
Contents
Expand All
Collapse All
Preliminary Material
General Editor’s Preface
Table of Contents
Table of Cases
International Cases
Ad hoc Arbitration
European Court of Human Rights (ECtHR)
International Centre for Settlement of Investment Disputes (ICSID)
International Chamber of Commerce (ICC)
International Court of Justice (ICJ)
Iran–United States Claims Tribunal (Iran–US CTR)
London Court of International Arbitration (LCIA)
Permanent Court of International Justice (PCIJ)
Stockholm Chamber of Commerce (SCC)
United Nations Commission on International Trade Law (UNCITRAL)
Other
Table of Legislation and Other Instruments
International Instruments
Multilateral and Regional Treaties, Conventions, Statutes & etc.
Bilateral Investment Treaties
United Nations General Assembly Resolutions
Codifications and draft articles
List of Abbreviations
Main Text
Part I The Concept of Expropriation
1 Overview
Preliminary Material
A Introduction
1.01
1.02
1.03
1.04
1.05
1.06
1.07
1.08
1.09
B A Brief Overview of Expropriation in International Law
1.10
1.11
1.12
1.13
1.14
1 General Assembly Resolutions of the 1960s
1.15
1.16
1.17
1.18
1.19
2 General Assembly Resolutions of the 1970s
1.20
1.21
1.22
1.23
1.24
1.25
1.26
3 International investment treaties—a turning point
1.27
1.28
1.29
1.30
1.31
2 Applicable Law
Preliminary Material
A Introduction
2.01
2.02
B Local Law
2.03
2.04
2.05
2.06
2.07
2.08
2.09
C International Law
2.10
2.11
2.12
D Investment Treaties
2.13
2.14
1 NAFTA and the ECT
2.15
2.16
2.17
2 ICSID
2.18
2.19
2.20
2.21
2.22
2.23
a The host State’s Foreign Investment Law
2.24
2.25
2.26
2.27
b The BIT as lex specialis
2.28
2.29
c International law and local law
2.30
2.31
2.32
2.33
2.34
2.35
2.36
2.37
2.38
2.39
d International law with local law to establish the facts
2.40
3 A combination of treaties
2.41
2.42
2.43
2.44
4 UNCITRAL
2.45
2.46
2.47
3 Rights and Interests Protected Under Investment Treaties
Preliminary Material
A Overview
3.01
3.02
B The Meaning of Investment
1 Investment treaty definitions
3.03
3.04
2 The relevance of property rights in national law
3.05
3.06
3.07
3.08
3.09
3.10
3.11
3 The test in ICSID arbitrations
3.12
3.13
3.14
3.15
3.16
3.17
3.18
4 Unity of investments
3.19
3.20
3.21
3.22
5 Goodwill and market share
3.23
3.24
3.25
3.26
4 The Concept of Expropriation in Investment Treaty Arbitration
Preliminary Material
A An Evolving Concept
4.01
B Direct and Indirect Expropriation
4.02
4.03
4.04
1 Direct expropriation
4.05
4.06
4.07
4.08
a Specific takings
4.09
4.10
4.11
4.12
4.13
b Requisition
4.14
4.15
4.16
4.17
4.18
4.19
c Nationalization
4.20
4.21
4.22
d Confiscation
4.23
4.24
4.25
4.26
4.27
4.28
4.29
4.30
4.31
4.32
4.33
4.34
4.35
4.36
2 Indirect expropriation
4.37
4.38
4.39
3 Efforts at codification of customary international law
4.40
4.41
4 Arbitral practice—defining the concept of expropriation
4.42
4.43
4.44
4.45
4.46
C Lawful Expropriation and Illegal, Wrongful, or Unlawful Expropriation
4.47
1 Conditions of legality under customary international law
4.48
4.49
4.50
4.51
4.52
4.53
2 Treaty conditions of legality
4.54
4.55
4.56
4.57
4.58
3 The conditions: public interest, non-discrimination, due process, compensation
a Public interest
4.59
4.60
4.61
4.62
4.63
4.64
4.65
4.66
4.67
4.68
4.69
4.70
4.71
4.72
4.73
4.74
4.75
4.76
4.77
b Non-discrimination
4.78
4.79
4.80
4.81
4.82
4.83
4.84
4.85
4.86
4.87
4.88
4.89
4.90
4.91
4.92
4.93
4.94
4.95
4.96
c Due process
4.97
4.98
4.99
4.100
4.101
4.102
4.103
4.104
4.105
4.106
4.107
d Compensation
i Does non-payment of compensation render an expropriation unlawful?
4.108
4.109
4.110
4.111
4.112
4.113
4.114
4.115
4.116
4.117
4.118
4.119
4.120
4.121
4.122
4.123
4.124
4.125
4.126
ii Does an offer to pay compensation satisfy the compensation requirement?
4.127
4.128
4.129
4.130
4.131
4.132
4.133
4.134
4.135
4.136
4.137
4.138
D Arbitral Practice—Some Examples
4.139
4.140
4.141
4.142
4.143
4.144
4.145
4.146
4.147
4.148
4.149
4.150
4.151
4.152
4.153
4.154
4.155
4.156
4.157
4.158
4.159
4.160
4.161
4.162
4.163
4.164
4.165
4.166
4.167
4.168
4.169
4.170
4.171
4.172
Part II The Test for Expropriaton
5 The Test for Expropriation. The Main Factors
Preliminary Material
5.01
5.02
5.03
5.04
A The Impact of the Measure
1 Substantial deprivation
5.05
5.06
5.07
5.08
5.09
5.10
5.11
5.12
5.13
5.14
5.15
5.16
5.17
5.18
5.19
5.20
a The Pope & Talbot list of measures
5.21
5.22
5.23
5.24
5.25
5.26
5.27
b The nature of substantial deprivation revisited
5.28
5.29
5.30
5.31
5.32
5.33
5.34
5.35
5.36
5.37
5.38
5.39
5.40
5.41
2 Permanent deprivation
5.42
5.43
5.44
5.45
5.46
5.47
5.48
5.49
5.50
5.51
5.52
5.53
5.54
5.55
5.56
5.57
5.58
5.59
B Expropriation or Commercial Risk
5.60
5.61
5.62
5.63
5.64
5.65
5.66
5.67
5.68
5.69
5.70
5.71
5.72
5.73
5.74
5.75
5.76
5.77
5.78
5.79
5.80
5.81
C Intent and Purpose
5.82
5.83
5.84
5.85
5.86
5.87
D Acts and Omissions
5.88
5.89
5.90
5.91
5.92
5.93
5.94
5.95
5.96
5.97
5.98
5.99
5.100
5.101
5.102
5.103
E Partial Expropriation
5.104
5.105
5.106
5.107
5.108
5.109
5.110
5.111
5.112
5.113
5.114
5.115
5.116
5.117
5.118
5.119
5.120
5.121
5.122
5.123
5.124
5.125
5.126
5.127
5.128
5.129
5.130
5.131
5.132
6 Creeping Expropriation
6.01
6.02
6.03
6.04
6.05
6.06
6.07
6.08
6.09
6.10
6.11
6.12
6.13
6.14
6.15
6.16
6.17
6.18
6.19
6.20
6.21
6.22
6.23
6.24
6.25
6.26
6.27
6.28
6.29
6.30
6.31
6.32
7 Regulatory Expropriation
Preliminary Material
A Overview
7.01
7.02
7.03
7.04
7.05
7.06
7.07
7.08
7.09
7.10
7.11
7.12
7.13
7.14
7.15
7.16
7.17
B Types of Regulatory Measures
7.18
C Bona Fide Regulation in the Police Powers of the State
7.19
7.20
7.21
7.22
7.23
7.24
7.25
7.26
7.27
7.28
7.29
7.30
7.31
7.32
7.33
7.34
7.35
7.36
7.37
7.38
7.39
7.40
7.41
7.42
7.43
7.44
7.45
7.46
D The Test for Regulatory Expropriation
7.47
7.48
7.49
7.50
1 Non-discrimination
7.51
2 Impact of the measure
7.52
7.53
7.54
7.55
7.56
7.57
7.58
7.59
7.60
7.61
7.62
7.63
7.64
7.65
7.66
7.67
7.68
7.69
7.70
7.71
7.72
7.73
7.74
7.75
7.76
7.77
7.78
7.79
7.80
3 Intent and purpose
7.81
7.82
7.83
7.84
7.85
4 Reasonableness
7.86
7.87
7.88
5 Legitimate expectations
7.89
7.90
7.91
7.92
7.93
7.94
7.95
7.96
7.97
7.98
7.99
7.100
7.101
7.102
7.103
7.104
7.105
7.106
6 Proportionality and human rights case law
7.107
7.108
7.109
7.110
7.111
7.112
7.113
7.114
7.115
7.116
7.117
7.118
7.119
7.120
7.121
7.122
7.123
a Origins of the proportionality test
7.124
7.125
7.126
7.127
7.128
7.129
7.130
7.131
7.132
E Taxation—A Special Category
7.133
7.134
7.135
7.136
7.137
7.138
7.139
7.140
7.141
7.142
7.143
7.144
7.145
7.146
7.147
7.148
7.149
7.150
7.151
7.152
7.153
7.154
7.155
7.156
7.157
7.158
7.159
7.160
7.161
7.162
7.163
7.164
7.165
7.166
7.167
7.168
7.169
7.170
7.171
7.172
7.173
7.174
7.175
7.176
7.177
7.178
7.179
7.180
8 Contractual Expropriation
8.01
8.02
8.03
8.04
8.05
8.06
8.07
8.08
8.09
8.10
8.11
8.12
8.13
8.14
8.15
8.16
8.17
8.18
8.19
8.20
8.21
8.22
8.23
8.24
8.25
8.26
8.27
8.28
8.29
8.30
8.31
8.32
8.33
8.34
8.35
8.36
8.37
8.38
8.39
8.40
8.41
8.42
8.43
8.44
8.45
8.46
8.47
8.48
8.49
8.50
8.51
8.52
8.53
8.54
8.55
8.56
8.57
8.58
8.59
8.60
8.61
8.62
8.63
8.64
8.65
8.66
8.67
8.68
8.69
8.70
8.71
8.72
8.73
8.74
8.75
8.76
8.77
8.78
8.79
8.80
8.81
8.82
8.83
8.84
9 Judicial Expropriation
9.01
9.02
9.03
9.04
9.05
9.06
9.07
9.08
9.09
9.10
9.11
9.12
9.13
9.14
9.15
9.16
9.17
9.18
9.19
9.20
9.21
9.22
9.23
9.24
9.25
9.26
9.27
9.28
9.29
9.30
9.31
9.32
9.33
9.34
9.35
9.36
9.37
9.38
9.39
9.40
9.41
9.42
9.43
9.44
9.45
9.46
9.47
10 Expropriation and Other Treaty Standards
Preliminary Material
A Expropriation is an Autonomous Treaty Standard
10.01
10.02
B Overlap in the Treaty Standards
10.03
1 Fair and equitable treatment—due process, non-discrimination, legitimate expectations, denial of justice
10.04
10.05
10.06
10.07
10.08
10.09
10.10
10.11
10.12
10.13
10.14
10.15
10.16
10.17
10.18
10.19
10.20
10.21
10.22
10.23
10.24
10.25
10.26
10.27
10.28
10.29
10.30
10.31
10.32
10.33
2 National treatment—non-discrimination
10.34
10.35
10.36
10.37
C Arbitral Practice—Different Approaches
10.38
10.39
10.40
10.41
10.42
10.43
10.44
10.45
10.46
10.47
10.48
10.49
10.50
10.51
10.52
10.53
10.54
10.55
10.56
10.57
10.58
10.59
10.60
10.61
10.62
D Expropriation Requires a Substantial Deprivation in Contrast to Other Treaty Standards
10.63
10.64
10.65
E The Date of Valuation and Compensation Can Vary Depending on the Treaty Breach
10.66
10.67
10.68
10.69
10.70
10.71
10.72
10.73
10.74
10.75
10.76
10.77
10.78
Part III Remedies
11 Remedies in Customary International Law
Preliminary Material
A Overview
11.01
11.02
11.03
11.04
11.05
11.06
11.07
B The Chorzów Factory Case and the Principle of Full Reparation
11.08
11.09
11.10
11.11
11.12
11.13
11.14
C The International Law Commission Articles on State Responsibility
11.15
11.16
11.17
11.18
11.19
11.20
11.21
11.22
11.23
11.24
11.25
11.26
11.27
11.28
11.29
11.30
11.31
11.32
11.33
11.34
11.35
11.36
11.37
11.38
D Moral Damages
11.39
11.40
11.41
11.42
11.43
11.44
11.45
11.46
11.47
11.48
12 The Standard of Compensation
Preliminary Material
A Overview
12.01
B The Treaty Standard of Compensation
12.02
12.03
12.04
12.05
12.06
12.07
12.08
12.09
12.10
12.11
12.12
12.13
12.14
12.15
C The Standard of Compensation for Unlawful Expropriation
12.16
12.17
12.18
12.19
12.20
12.21
D The Importance of the Date of Valuation
12.22
12.23
12.24
12.25
12.26
12.27
E Arbitral Practice
1 Application of the treaty standard of compensation
12.28
12.29
12.30
12.31
12.32
2 Application of customary international law
12.33
12.34
12.35
12.36
12.37
12.38
12.39
12.40
12.41
12.42
12.43
12.44
12.45
12.46
3 A different approach
12.47
12.48
12.49
12.50
12.51
12.52
12.53
12.54
F Re-conceptualizing the Approach to Damages
12.55
12.56
12.57
12.58
12.59
12.60
12.61
12.62
12.63
13 Methods of Valuation
Preliminary Material
A Introduction
13.01
13.02
13.03
13.04
B Forward-looking Approaches
1 Income-based models and the DCF
13.05
13.06
13.07
13.08
13.09
13.10
13.11
13.12
13.13
13.14
13.15
13.16
13.17
13.18
13.19
13.20
13.21
13.22
13.23
13.24
13.25
13.26
13.27
13.28
13.29
13.30
13.31
13.32
13.33
13.34
13.35
13.36
13.37
13.38
13.39
13.40
13.41
13.42
13.43
13.44
13.45
13.46
13.47
13.48
13.49
2 Market-based models
13.50
13.51
13.52
13.53
13.54
13.55
13.56
13.57
13.58
13.59
13.60
13.61
13.62
13.63
13.64
13.65
13.66
13.67
13.68
13.69
13.70
13.71
13.72
13.73
13.74
13.75
13.76
13.77
13.78
13.79
13.80
13.81
C Backward-looking Approaches
1 Asset-based models
13.82
13.83
13.84
13.85
13.86
13.87
13.88
13.89
13.90
2 Cost-based models
13.91
13.92
13.93
13.94
13.95
13.96
13.97
D Alternative Methods Adopted by Arbitral Tribunals
13.98
13.99
13.100
13.101
13.102
13.103
13.104
13.105
14 Interest
Preliminary Material
A The Main Factors
14.01
14.02
14.03
14.04
14.05
14.06
14.07
14.08
14.09
B Treaty Standard of Interest
14.10
14.11
14.12
14.13
14.14
14.15
C Interest under Customary International Law
14.16
14.17
14.18
14.19
D Legal or Commercial Interest
14.20
14.21
14.22
14.23
14.24
14.25
14.26
E Simple or Compound Interest
14.27
14.28
14.29
14.30
14.31
14.32
14.33
14.34
14.35
14.36
14.37
14.38
14.39
Part IV Concluding Remarks
15 Concluding Remarks
Preliminary Material
A The Case Law—Settled Principles and Tensions
15.01
15.02
15.03
15.04
15.05
15.06
15.07
B Expropriation in Customary International Law Revisited
15.08
15.09
15.10
15.11
15.12
15.13
15.14
Further Material
Select Bibliography
Index
Sign up for alerts
Table of Cases
From:
Expropriation in Investment Treaty Arbitration
Johanne M. Cox
Content type:
Book content
Product:
Investment Claims [IC]
Series:
Oxford International Arbitration Series
Published in print:
09 May 2019
ISBN:
9780198804918
Prev
|
Next
[34.239.173.144]
34.239.173.144