ICSID Expedited Arbitration: Between temptation and old sins
ICSID Experdited Arbitration is tempting; however, old sins make long shadows, and the question of changing inter alia the annulment proceeding to be more like an appeal mechanism is still open. Let me start with a few statistics regarding the whole discussion about, firstly, an appeal mechanism; secondly, the efficiency of the annulment procedure (Article 52 ICSID) and thirdly, the cost of it. Generally, the discussion is familiar and has been a part of the ICSID reform package since 2022; however, without significant changes. Putting it in a nutshell, […]