Titlebook: Corruption and Illegality in Asian Investment Arbitration; Nobumichi Teramura,Luke Nottage,Bruno Jetin Book‘‘‘‘‘‘‘‘ 2024 The Editor(s) (if

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Peng Liu,Jon Atle Gulla,Lemei Zhange importance of more nuanced treaty-making practices in addressing corruption, as well as the need to align commitments made under investment agreements with those of other international instruments aimed at tackling corruption.

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Food Security in an Insecure Futurement treaty are clear: the investor‘s claim must be denied, with an asymmetric outcome that effectively benefits the state. This chapter unties arbitral tribunals’ hands. It lays down another path for these tribunals to follow in such cases, one which avoids this outcome, yet remains honest to the t

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https://doi.org/10.1007/978-3-319-49277-3 in large (especially treaty-based) investment arbitrations. To reduce the consequent risk of enforcing an award that later proves to be based on seriously corrupt conduct, one solution may be for investment treaty arbitrators to apply the same higher standard of proof that corruption investigators

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Book‘‘‘‘‘‘‘‘ 2024 suggest such protection would be unnecessary as the investor committed a crime in the host state, while others attempt to establish an equilibrium between the investor and the host state. Others claim to protect investment, invoking the sanctity of promises made. The book starts with a deep dive in