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The Oxford Handbook of International Investment Law edited by Muchlinski, Peter T; Ortino, Federico; Schreuer, Christoph

Part III Procedural Issues, Ch.25 Parallel Proceedings

Katia Yannaca-Small

From: The Oxford Handbook of International Investment Law

Edited By: Peter T Muchlinski, Federico Ortino, Christoph Schreuer

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved. date: 22 May 2019

Subject(s):
Res judicata — Exhaustion of local remedies — Umbrella clause — Consolidation of claims — Lis alibi pendens — Waiver — Arbitration — Parallel proceedings — Investor

This chapter examines the most common situations where parallel proceedings can occur in investment arbitration. It considers whether the principles of res judicata and lis pendens apply in investment arbitration and could prevent conflicting awards. Finally, the chapter looks at the way investment treaties regulate and/or prevent the occurrence of parallel proceedings, with a particular emphasis on the consolidation of claims.

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