Consistency, Exchange rate, Investment Arbitration, Latin America, quantum, Transfer of Funds Clauses
An Unlikely Couple – The Use of Transfer of Funds Clauses for the Determination of Exchange Rates in Investor State Disputes
Inconsistent decisions have long been a major criticism in investment arbitration. This does not only pertain to decisions on procedure, jurisdiction or merits but also to quantum issues. This contribution will center around one unlikely connection that has the potential to enhance consistency and predictability in an area of quantification of damages in investment arbitration:…