...discussion by providing a general overview of the impacts of corruption on the world’s economy. According to the UN Secretary-General, corruption represents 5% of the global GDP, and the World...
Search Results for : Corruption
...findings based on indicators of corruption and stated that “after examining typical indicators of corruption (lack of evidence, brevity negotiations, unusual payments arrangements, disproportionately high remuneration, corruption endemic in-country concerned,...
TagTime with Vladimir Khvalei – Corruption in international arbitration: red flags, ...
...framework, including ICSID’s framework, inadvertently incentivizes state corruption. As these critics point out, ICSID arbitrators have never reached the merits of a case involving corruption; thus, states can immunize themselves...
Estop That! Defeating a Corrupt State’s Corruption Defense to ICSID ...
...ISDS cases involving Central Asian states has been corruption allegations and the corruption defense. Rubinina explained that while corruption was a global issue, Central Asian states demonstrated a propensity for...
Event Report: Exploring International Investment Law and Disputes in Central ...
...itself implicitly recognized the deficiencies of the judiciary.[10] Corruption is one of the primary challenges. It has virtually penetrated into all fields of state activity and has become the major...
The ISDS Clause in the Investment Law of the Kyrgyz ...
...the Interpretation of Contracts (Vol. 29(4) September 2019) Corruption Natália Rincon, TagTime with Vladimir Khvalei – Corruption in international arbitration: red flags, burden and standard of proof (Blog, February 4,...
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...the standard of “willful disregard” set by Mondev necessarily includes an “evidence of intention or malice, collusion, corruption, or flagrant abuse” by its judicial system.[20] The Claimant on the other...
Lion Mexico Consolidated v. Mexico: An Unprecedented Finding of Denial ...
...example, courts in India restricted such ground from being taken unless the award “shocks the conscience of the Court,” was “induced or affected by fraud and corruption,” or conflicts with...
Arbitration or Sanctions: Who Survives the Battlefield?
Author: Camila Maceda Simão* Jurisdictions: Brazil Topics: Securities Arbitration Arbitrability Contractual or Consensual Basis of Arbitration Recent corruption scandals and improper corporate practices involving Brazilian publicly-held companies[1] have caused a...
Overview of Securities Arbitration in Brazil: Challenges and Developments
...there are still challenges to implementing BITs given the high corruption, lack of transparency of courts, and partial change of frequent change of political establishment. Green investment is another promising...
ВITs in Central Asia: Opportunities and Risks
...(the “FAA”).[5] Section 10 specifies four grounds for vacating awards: (i) where the evidence was procured by corruption, fraud or undue means; (ii) where there was evident partiality or corruption...
Manifest Disregard: A Legitimate Ground for Vacating International Awards Rendered ...
...Drafting Team is composed of 14 members with expertise in human rights, arbitration, operation of supply chains, anti-corruption, community organizing and other topics relevant to the elaboration of the Rules.[9]...