{"product_id":"an-empirical-study-of-the-patrick-dumberry-9789403525082","title":"An Empirical Study of the Fair and Equitable Treatment Standard Clause: How Tribunals Have Examined its Relationship with the Minimum Standard","description":"\u003cp\u003eAlthough the vast majority of investment treaties include a fair and equitable treatment (FET) clause, a considerable degree of variation in the actual content of the clause remains. In this important book by a well-known authority in international investment law analyses how tribunals have concretely interpreted FET clauses in relation to the minimum standard of treatment (MST), with detailed reference to all publicly available awards dealing with the provision rendered by arbitral tribunals in the past 25 years.\u003c\/p\u003e \u003cp\u003eThis first comprehensive survey of case law since the 2012 UNCTAD Report highlights the following important trends: \u003c\/p\u003e \u003cul\u003e \u003cli\u003e\n\u003cp\u003etribunals have interpreted the status of a FET clause and its relationship with the MST differently depending on the specific wording of each provision;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003ehow a tribunal analyses the status of a clause has a direct impact on the interpretation (broad or narrow) it gives to the content of the standard, including whether or not it includes protecting investors' legitimate expectations;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003ethe way a tribunal analyses this issue has, in turn, a direct impact on how it addresses matters of liability and compensation; and\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003ethe success rate of claims filed under 'stand-alone' FET clauses (containing no mention of 'international law' or any other standard) and those referring to 'international law' is much higher compared to clauses expressly linked to the MST.\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis book is the first to provide solid empirical evidence showing that the scope of the FET protection under a treaty very much depends on the type of clause being applied by a tribunal. The author's thorough analysis will provide arbitrators and counsel with useful guidelines to assess how the clause has been interpreted by tribunals. It will also offer States and other stakeholders an in-depth analysis of some of the pitfalls and benefits that are associated with each different type of FET clause.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Patrick Dumberry\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9403525088\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789403525082\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Kluwer Law International\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/15\/2024\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 212\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.05lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.50d","brand":"Patrick Dumberry","offers":[{"title":"Hardcover","offer_id":46420515619071,"sku":"9789403525082","price":204.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_88ec7143-bb4b-4145-bdfe-500a684a03db.jpg?v=1734634859","url":"https:\/\/www.whiterainbookhouse.com\/products\/an-empirical-study-of-the-patrick-dumberry-9789403525082","provider":"WR Book House","version":"1.0","type":"link"}