Paris Court of Appeal Addresses Constitution of Tribunal in OIC Investment Arbitration | King & Spalding
To embed, copy and paste the code into your website or blog: On March 23, 2021, the Paris Court of Appeal issued a decision with important ramifications for investors pursuing arbitration under the Agreement for the Promotion, Protection and Guarantee of Investments Among Member States of the Organisation of the Islamic Conference (“ OIC Agreement” or “ Agreement”). 1 Such investors often confront difficulty at the outset of the arbitral proceedings in constituting a tribunal under the OIC Agreement because of a double failure: the failure of the respondent state to appoint a co-arbit...
Source: jdsupra.com