Corruption, ICSID Arbitration, Investment, Investment Arbitration, Investment law, Investment protection, Investor, Investor-State arbitration
The Corruption Defense: Practical Considerations for Claimants
In recent years, a number of arbitral tribunals adjudicating treaty-based investment disputes have been confronted with the question of what to do when the state party to such a dispute alleges that the investors acquired the investment through corrupt means. In some instances, tribunals have applied the defense as a jurisdictional bar, preventing the investors…