Investor-State Dispute Settlement

von HENNER GÖTT and TILL PATRIK HOLTERHUS The world economic order is in transition. Reform of the WTO’s multilateral trade system has proven difficult for over a decade now, leading an increasing number of states to promote their mutual trade relations through preferential trade agreements (PTAs). Jagdish Bhagwati’s famous “spaghetti…
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von ANDREAS KULICK* A smack of hypocrisy The outrage has been enormous: “Secret courts” (Geheimgerichte) meeting in “back rooms” (Hinterzimmern) granting “special rights” (Sonderrechte) to large corporations. In the meantime, lawyers make absurd amounts of money while well-meaning domestic regulators get sanctioned for protecting the environment or labor rights and…
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