Camera Arbitrale Milano, Interim measures, Italian law, Italy, Reform

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For decades, Italy was one of the very few countries in the world that prohibited arbitrators from granting interim relief. The situation changed in 2022 with the so-called “Cartabia” Reform, named after Professor Marta Cartabia, Italy’s Minister of Justice at the time and former president of the Constitutional Court (see also discussion here). Thanks to…

Intra-EU BITs, Intra-EU ISDS, Sunset clauses

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‘Sunset’ (or ‘survival’) clauses extend the effects of the relevant investment treaty after its termination. They provide that the protection afforded by the treaty is maintained for a further period of time after termination to investments made during the lifetime of the treaty. As such, sunset clauses have an ‘entrenchment effect’ limiting the ability of…