This book marks the fourth amendment of the Rules and Regulations since 1968. As a result, the legal framework of ICSID proceedings has been modernised, simplified and streamlined. A team of renowned practitioners and rising stars in the field of International Arbitration have analysed these updated frameworks, which include the ICSID Arbitration Rules, the Conciliation Rules, the Institution Rules as well as the Administrative and Financial Regulations, to offer practical and theoretical guidance for experienced lawyers and beginners in the field. The book also provides detailed background information on the amendment procedure of each provision and gives insight into whether existing case law remains relevant to the application of the new Rules and Regulations.

Investment arbitration has become the primary means of settling disputes between states and foreign investors. The majority of those arbitration proceedings take place before tribunals of the International Centre for the Settlement of Investment Disputes (ICSID). This book provides the reader with a reliable reference guide containing concise summaries of the facts and holdings of ICSID Tribunals in the years 1974-2002. This period saw some of the most controversial and interesting ICSID awards and decisions, such as those in the Tradex, Metalclad, and Salini cases. This jurisprudence has significantly influenced the application of the ICSID Convention and been the subject of much scholarly debate. The summaries provide quick access to the details of the case, removing the need to read the full text of the award or decision until its relevance is known. Extensive cross-references and footnotes allow easy navigation and facilitate in-depth research by giving a valuable starting point. The book also includes analytical chapters tracing the development of procedural and substantive issues and assessing the 'precedent' value of the decisions. By analysing the awards and decisions in the light of subsequent developments, the authors also identify those which have withstood the test of time.

Investment arbitration has become the primary means of settling disputes between states and foreign investors. The majority of those arbitration proceedings take place before tribunals of the International Center for the Settlement of Investment Disputes (ICSID). This book provides the reader with concise summaries of the facts and holdings of ICSID Tribunals in the years 2003-2007. Extensive cross-references and footnotes allow the reader to find other awards confirming or rejecting certain holdings, and analytical chapters explain the development of the jurisprudence. Since the average length of an ICSID award exceeds 100 pages, and nearly 20 new decisions and awards are published each year, this book is an indispensable tool for the busy practitioner or academic who needs to be informed about the development of the law.