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In this detailed work, Ioana Tudor explores the fair and equitable treatment standard, a cornerstone of international investment law. The book traces the standard's origins, its varying formulations in bilateral investment treaties, and its expansive interpretation by arbitral tribunals. Tudor critically assesses key case law, identifying the core elements of FET—such as legitimate expectations, transparency, and denial of justice—and examines the tension between protecting investors and preserving state regulatory autonomy. The analysis is grounded in a thorough review of arbitral awards and scholarly commentary, making it a valuable resource for understanding the standard's practical implications. Published by Oxford University Press, this monograph is part of the Oxford International Arbitration Series and is recognized for its rigorous legal scholarship and contribution to the field.
This book is essential for international arbitration practitioners, investment law scholars, and government legal advisors. It is also highly recommended for law students specializing in international economic law, as well as professionals in multinational corporations dealing with cross-border investments. Those involved in investor-state dispute settlement will find the detailed case law analysis and doctrinal discussion particularly useful for understanding the nuances of FET claims.
- ✓ Comprehensive and authoritative analysis of the FET standard
- ✓ Detailed examination of arbitral case law and treaty practice
- ✓ Written by a recognized expert in international investment law
- ✓ Published by Oxford University Press, ensuring high scholarly quality
- ✓ Provides practical insights for practitioners and academics
- ✗ Highly specialized, may be too technical for general readers
- ✗ Focuses primarily on legal doctrine, with limited economic or policy perspectives
- ✗ Assumes prior knowledge of international investment law
- ✗ Some may find the dense legal prose challenging
- ✗ Case law may become outdated as new arbitral decisions emerge
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