New empirical study on annulment in investor-State arbitration
BIICL and Baker Botts LLP launch comprehensive empirical study on annulment which sheds light on decision-making in investor-state disputes under the ICSID Convention
Today BIICL and Baker Botts LLP are pleased to announce the publication of a comprehensive empirical study on annulment in investor-State arbitration under the Rules of the International Centre for Settlement of Investment Disputes.
Co-authored by Yarik Kryvoi of BIICL, Johannes Koepp and Jack Biggs of Baker Botts, the study examines over 150 annulment decisions rendered by ICSID ad hoc committees and offers a unique insight into how the ICSID system deals with annulment. It provides a detailed examination of the entire universe of publicly available annulment decisions rendered under the ICSID Convention.
The report also examines the trends and practices of ICSID annulment committees on key issues such as the success rate of annulment applications, the most frequently invoked annulment grounds, as well as the length and costs of annulments proceedings.
The report was launched at an event in January 2021. Watch a recording of the event