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2 Characteristics of the International Investment Framework Leading to Multiple Proceedings

From: The Coordination of Multiple Proceedings in Investment Treaty Arbitration

Hanno Wehland

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved. date: 24 November 2020

Subject(s):
Contract claims — Treaty claim — Arbitral tribunals — Relationship of international law & host state law
2.01 While multiple proceedings can be observed in many areas of the law, international investment relations appear to be particularly susceptible to giving rise to this phenomenon.1 This tendency can be ascribed to a combination of essentially three different factors.2 2.02 First, the involvement of a number of different lega l instruments in investment operations gives rise to different categories of claims that may sometimes have to be asserted before different forums.3Second, investment operations typically involve a number of different legal entities,...
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