Arbitral tribunals

Concerns about corruption have significantly grown in international investment law. Although foreign investment may boost the social and economic development of the host country, investment tainted by corruption has adverse effects, such as rising transaction costs and declining confidence in the business climate.

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In the investor-state dispute settlement context, it seems to be common for states to invoke corruption allegations as a defence against investors‟ claims in front of arbitral tribunals. And if a tribunal determines that the corruption occurred during investment making, it will certainly dismiss all claims based on jurisdictional or inadmissibility grounds. However, corruption involves both sides.

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The publication of the naval records of the Rebellion, both Union and Confederate, makes it possible to take a comprehensive view of the career of the famous cruiser. In addition to these, Captain Semmes kept a diary, which after the close of the war he expanded into a very full memoir. Various officers of the vessel also kept diaries, and wrote accounts of their adventures, The long report of the Geneva Tribunal of Arbitration, and various consular reports contain a great deal of information in regard to the Alabama's inception and operations.

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This fifth edition ofMalcolm Shaw’s bestselling textbook on international law provides a clear, authoritative and comprehensive introduction to the subject. This leading text has been fully revised and updated to Spring 2003 to take account of new developments in the field. Basically preserving the structure which made the previous edition so successful, a new chapter on Inter-state Courts and Tribunals pays special attention to the role of the International Court of Justice and the International Tribunal on the Law of the Sea, and there is a new chapter on International Humanitarian Law.

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investment agreements between host countries and foreign investors. The meaning of the umbrella clauses is one of the most controversial issues with which international arbitral tribunals have been recently confronted with while adjudicating investment disputes brought before them. Through a wide review of the specific textual provisions included in investment agreements,

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The definition of investor and investment is key to the scope of application of rights and obligations of investment agreements and to the establishment of the jurisdiction of investment treaty-based arbitral tribunals. This factual survey of state practice and jurisprudence aims to clarify the requirements to be met by individuals and corporations in order to

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