Craig D. Gaver, Author at Kluwer Arbitration Blog

Investment Arbitration, Organization of Islamic Cooperation, Reform

Checking in on the OIC Investment Agreement: New Arbitrations, But Slow Progress on Creating A Permanent Dispute Settlement Mechanism

Craig D. Gaver (Allen & Overy LLP) and Yusuf Kumtepe (Kabine Law Office)/March 17, 2023March 13, 2023 /Leave a comment

The OIC Investment Agreement (the “Agreement”), a multilateral instrument among certain members of the Organization of Islamic Cooperation, remains a potent tool for investment protection within the bloc. This post surveys developments concerning the Agreement since the authors’ last updates in late 2019 and 2020. In particular, the post provides an update on the ongoing…

Damages, Energy, Infrastructure, Washington Arbitration Week

Inaugural Washington Arbitration Week: Industry-Focused Perspectives in International Arbitration, Another Layer of Complexity

Craig D. Gaver (Allen & Overy LLP) and Munia El Harti Alonso (Concepción Global, PLLC, Universidad Complutense de Madrid)/December 18, 2020December 18, 2020 /Leave a comment

Following on the first day of Washington Arbitration Week (WAW), covered in detail here, later programming of WAW did not shy away from further in-depth discussions. This post highlights programming that dug into energy and the environment, arbitration from the client’s perspective, infrastructure disputes during the pandemic, and last but not least, damages valuation. …

Arbitration, Arbitration Agreements, Investment Arbitration, Investment law, Investment Treaties, MENA, Middle East, Multilateral Investment Treaties, United Arab Emirates

Alpha BIT: Awaiting The First Arab-Israeli Bilateral Investment Treaty

Craig D. Gaver (Allen & Overy LLP)/November 18, 2020November 17, 2020 /Leave a comment

The announcement on 13 August 2020 of a rapprochement between Israel and the United Arab Emirates (‘UAE’) took the world by surprise. Seasoned regional observers noted quiet cooperation and cross-border transactions over the past few years, but few expected these covert relationships to burst into public view so fully and wholeheartedly. The joint declaration, soon…

Arbitration, Arbitration Institutions and Rules, Arbitration Proceedings, Investment Arbitration, Organization of Islamic Cooperation

“To the Centre”: Itisaluna v. Iraq and ICSID’s Entry into the OIC Debate

Craig D. Gaver (Allen & Overy LLP)/June 8, 2020June 9, 2020 /Leave a comment

The recent case of Itisaluna Iraq LLC and Others v. Republic of Iraq represents the first time that an ICSID tribunal had been constituted under the Agreement on Promotion and Protection and Guarantee of Investments among Member States of the Organization of Islamic Cooperation (the “OIC Agreement”). The tribunal affirmed that the OIC Agreement contains a…