INVESTMENT TREATY ARBITRATION: UNCITRAL tribunal applies ICSID definition of "investment"
Tuesday, 16 February 2010
Featured In: Volume 5 - Issue 1 (Vol. 5 Iss. 1)
In Romak SA v Uzbekistan, an UNCITRAL tribunal considered the extent to which investment treaties provide protection for enterprises engaged in the cross-border sale of goods – and ended up applying the ICSID definition of investment. Partner Matthew Weiniger and senior associate Promod Nair of Herbert Smith in London report
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