International Investment Arbitration

Campbell McLachlan QC is Professor of Law at Victoria University of Wellington, specializing in public and private international law. Educated at Victoria (LL.B (Hons), 1984), and at the University of London (Ph D (1988)), he holds the Diploma cum laude of the Hague Academy of International Law (1985). Until his return to New Zealand in 2003, Campbell was in practice in London, where he was a partner in the international law firm Herbert Smith. He led the firm's International Law Practice Group, and conducted many cases involving sovereign states. He has been Rapporteur of the International Law Association Committee on International Civil and Commercial Litigation (1992-2002) and Chair of the IBA International Litigation Committee (2001-2003). In 2005, he was invited to become an editor of the 14th edition of Dicey and Morris on the Conflict of Laws, with special responsibility for arbitration and foreign currency obligations.Laurence Shore specializes in international commercial arbitration and litigation. He has practised at the U.S. State Department and the Washington, D.C., law firm Williams & Connolly, appearing as advocate in cases before the U.S. Federal, State, and Administrative Courts. He has acted as advocate in significant arbitrations under, for example, the UNCITRAL, ICC, and AAA Rules. Laurence has advised on matters of public and private international law, and United States law. His experience in London and the U.S. has enabled him to act successfully in matters such as Hague Convention Letter of Request proceedings in England, arising out of U.S. tobacco litigation. Matthew Weiniger QC is a solicitor advocate who specializes in international arbitration and public and private international law. He acts and advises in international cases across all major industries. He has extensive experience as an advocate in arbitration cases. Many of his cases involve governments. He has worked under all the major arbitration systems including the International Chamber of Commerce (ICC), the London Court of International Arbitration (LCIA), International Centre for Settlement of Investment Disputes (ICSID), Stockholm Chamber of Commerce (SCC), and the United Nations Commission on International Trade Law (UNCITRAL) Rules. He also has advised energy companies and governments on the public international law aspects of transnational infrastructure projects. Matthew lectures on arbitration and public international law, and is a visiting professorial fellow at the Centre for Commercial Law Studies, Queen Mary University of London.

• 1. Overview ; 2. Legal Basis of Investment Arbitrations ; 3. Parallel Proceedings ; 4. Nationality ; 5. Definition of Investment ; 6. Investors' Rights ; 7. Expropriation ; 8. Compensation ; Appendices

This second edition, published almost a decade after the first edition, is a masterful work. The book is tightly packed with well researched and practical expositions on relevant investment treaty provisions and case law ... [This] is a 'must have' practical resource for practitioners and arbitrators working on investment law claims; its depth and scholarship will also make it a 'must consult' work for any serious academic study of the area; its comprehensive coverage will require it to be a 'must include' item on any reading list designed for a course on the subject; and it should be a 'must know' for both policy makers and treaty drafters. This book will be an essential and worthy acquisition for any investment arbitration library.