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Relatório “Profiting from injustice: How law firms, arbitrators and financiers are fuelling an investment arbitration boom”

Relatório “Profiting from injustice: How law firms, arbitrators and financiers are fuelling an... Informações Gerais Relatório "Profiting from Injustice: How Law Firms, Arbitrators and Financiers are Fuelling an Investment Arbitration Boom"* PIA EBERHARDT & CECILIA OLIVET, COM CONTRIBUIçõES DE TYLER AMOS & NICk BUXTON The last two decades have witnessed the silent rise of a powerful international investment regime that has ensnared hundreds of countries and put corporate profit before human rights and the environment. International investment treaties are agreements made between states that determine the rights of investors in each other's territories. They are used by powerful companies to sue governments if policy changes ­ even ones to protect public health or the environment ­ are deemed to affect their profits. By the end of 2011, over 3,000 international investment treaties had been signed, leading to a surge in legal claims at international arbitration tribunals. The costs of these legal actions weigh on governments in the form of large legal bills, weakening of social and environmental regulation and increased tax burdens for people, often in countries with critical social and economic needs. Yet while these financial and social costs have started to become ever more visible, one sector has remained largely obscured from public view and that is the legal http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Revista Brasileira de Arbitragem Kluwer Law International

Relatório “Profiting from injustice: How law firms, arbitrators and financiers are fuelling an investment arbitration boom”

Revista Brasileira de Arbitragem , Volume 10 (37) – Mar 1, 2013

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Publisher
Kluwer Law International
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Copyright © Kluwer Law International
ISSN
1806-809X
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Abstract

Informações Gerais Relatório "Profiting from Injustice: How Law Firms, Arbitrators and Financiers are Fuelling an Investment Arbitration Boom"* PIA EBERHARDT & CECILIA OLIVET, COM CONTRIBUIçõES DE TYLER AMOS & NICk BUXTON The last two decades have witnessed the silent rise of a powerful international investment regime that has ensnared hundreds of countries and put corporate profit before human rights and the environment. International investment treaties are agreements made between states that determine the rights of investors in each other's territories. They are used by powerful companies to sue governments if policy changes ­ even ones to protect public health or the environment ­ are deemed to affect their profits. By the end of 2011, over 3,000 international investment treaties had been signed, leading to a surge in legal claims at international arbitration tribunals. The costs of these legal actions weigh on governments in the form of large legal bills, weakening of social and environmental regulation and increased tax burdens for people, often in countries with critical social and economic needs. Yet while these financial and social costs have started to become ever more visible, one sector has remained largely obscured from public view and that is the legal

Journal

Revista Brasileira de ArbitragemKluwer Law International

Published: Mar 1, 2013

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