title: Mass claims in international investment arbitration
metadata.name: dc.contributor.author
metadata.value: Ksenofontov, Konstantin E.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2022-09-20T18:49:57Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2022-09-20T18:49:57Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2022-06
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Ksenofontov, Konstantin E. 2022. “Mass claims in international investment arbitration”. Vestnik of Saint Petersburg University. Law 2: 396–414.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu14.2022.207
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/37848
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Following the economic crisis in Argentina international investment tribunals faced a new
  challenge: mass claims characterized with multiple claimants bringing the significant amount
  of homogeneous investment protection claims against the host state. Neither the 1965 Convention
  on the Settlement of Investment Disputes Between States and Nationals of Other
  States, nor applicable bilateral investment treaties cover the tribunals’ power to resolve mass
  claims. They are silent on crucial questions of jurisdiction and consent and do not address important
  procedural issues either. In these circumstances arbitral tribunals face the inevitable
  gap-filling process, which boils down to the critically important question of legal nature of
  mass claims. If mass claims are nothing more than a mere variety of “ordinary” claims, than
  the issues of special or “secondary” consent are irrelevant, since the general consent for arbitration
  will suffice for the tribunal to find itself competent to resolve the dispute. By contrast,
  if mass claims are different in their legal nature from “ordinary” bi- or multiparty arbitration,
  they cannot “fit” into the scope of parties’ general consent. In controversial Abaclat decision
  the majority ruled that the questions of tribunal’s powers to decide on mass claim brought by
  Italian investors against Argentina pertain to the sphere of admissibility rather than jurisdiction.
  This analysis was not accepted by dissenting arbitrator G. Abi-Saab. Interestingly, other
  multi-party “Argentinian” awards followed the line of argument which significantly differed
  from both the majority opinion in Abaclat and G. Abi-Saab’s dissent. This only highlights the
  controversial nature of mass claims in international investment arbitration. This article is
  dedicated to analysis of jurisdictional issues raised in the course of “Argentinian” arbitrations.
  Since this analysis is strongly intertwined with two other systems of resolution of mass claims,
  namely American class arbitration and public international law mechanisms dealing with the
  compensations for states’ international wrongdoings, these two mechanisms are also explored
  to provide better context and understanding.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Vestnik of St Petersburg University. Law;Volume 13; Issue 2
metadata.lang: -
metadata.name: dc.subject
metadata.value: international investment arbitration
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: mass claims
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: class action
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: collective remedies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: jurisdiction of tribunal
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: collective claims
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: international disputes
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Mass claims in international investment arbitration
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 07.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/37848/1/07.pdf
resources.format: Adobe PDF
resources.size: 730,07 kB