IV Investment Contracts
Rudolf Dolzer, Christoph Schreuer
- International economic law — International investment law — Settlement of disputes — Applicable law
Large-scale investments may last for decades. They involve interests of the investor, as well as the public interests of the host state. General legislation of the host country may not sufficiently address the nature of the project and the kind of interests concerned. The legal setting of an investment may need to be adjusted to its specifics and complexities by way of an investment contract. The investment contract will also reflect the bargaining power of both sides under the circumstances of the individual project. Therefore, investors and host states often...