Litigation & Alternative Dispute Resolution 2015
From Financier Worldwide
by David N. Cinotti
An ever increasing multiplication of cross-border disputes continues to take place. As a result, the regulation of well suited litigation and alternative dispute resolution instruments for international issues represents a major need and concern. This trend is very much confirmed by the two main debates which have polarised the international scene over the last year. Firstly, in May 2015, more than 70 international players, including states and institutions, adopted or signed the International Energy Charter. Twenty-five years after its introduction, the energy governance framework, regulated by the Energy Charter Treaty, has been modernised into a new legally binding instrument. Secondly, the US and the EU have been busy discussing the Transatlantic Trade Investment Partnership. This draft agreement seeks to regulate a number of issues affecting investment between the US and EU economies, including market access, regulatory cooperation, rules and a dispute resolution system.
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