Treaty Claims and Contract Claims Distinguished by the “Fundamental Basis of the Claim”: Iskandar Safa and Akram Safa v. Hellenic Republic
Dealing with parallel arbitrations can be very difficult, as it is caught between two conflicting constraints: on the one hand, the need to avoid any denial of justice and, on the other hand, the need to avoid two tribunals dealing with the same issue. This problem sometimes arises in treaty-based investment arbitration, particularly when the…