The book systematically describes the theory and practice of ICSID annulment proceedings by thoroughly analyzing this mechanism in light of the annulment decisions rendered so far as well as the publications on the issue.
Organized to suit the needs of the practitioner, it outlines the recent trends in the area, providing the most up to date analysis of the subject. It also addresses key topics involving ICSID annulment such as the procedural issues which frequently arise in this type of proceedings, for example admissability of new evidence and arguments in annulment proceedings,res judicatain resubmitted cases.
The sections on each ground for annulment include an analysis of the applicable standard as well as a detailed description and study of each annulment decision that addressed the respective ground, creating an authoritative and complete resource.
1. Introduction 2. The ICSID Convention 3. Annulment of ICSID Awards - General Framework and Fundamental Observations 4. Article 52 of the ICSID Convention 5. Grounds for Annulment 6. Scope of Annulment Decisions on Specific Issues 7. Stay of Enforcement and Guarantees 8. Procedural Issues 9. Requests for Supplementation and Rectification of Annulment Decisions 10. Res Judicata and Multiple Annulment Decisions and Awards 11. Comparison with other Systems 12. The Impact of the Annulment Decisions on the ICSID System 13. Proposals Regarding an Appellate Mechanism 14. Advocacy in Annulment Proceedings Appendices A. Statistics (Showing length of proceedings, requests for annulment) B. Annulment Decisions Chart Bibliography Index
The authors' review and analysis of the decisions rendered by ICSID annulment committees is comprehensive and accurate...Taken as a whole,Annulment under the ICSID Conventionis a well written and useful resource for arbitrators, counsel, government officials, and academics alikelĂ,