Custom and its interpretation in international investment law. Volume 2 / edited by Panos Merkouris, Andreas Kulick, José Manuel Álvarez-Zarate, Maciej Żenkiewicz.

Title from publisher's bibliographic system (viewed on 12 Jan 2024).

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Patrick Dumberry : the 'minimum standard of treatment' in international investment law : the fascinating story of the emergence, the decline, and the recent resurrection of a concept -- Saïda El Boudouhi : the recourse to legal experts for the establishment and interpretation of customary norms in investment law -- Diego Mejía-Lemos : the identification of customary international law and international investment law and arbitration : state practice in connection with investor-state proceedings -- José Manuel Álvarez-Zarate : assessing damages in customary international law : the Chorzów's tale -- Sotirios-Ioannis Lekkas : the uses of the work of the International Law Commission on state responsibility in international investment arbitration -- Anna Ventouratou : revisiting the availability of countermeasures in investment arbitration -- Federica I Paddeu : investment tribunals, the duty of compensation in cases of necessity : a customary law void? -- Emmanuel Giakoumakis : 'A riddle wrapped in a mystery inside an enigma' : equitable considerations in the assessment of damages by investment tribunals -- Łukasz Kułaga : conflict of treaty norms and subsequent agreements in relation to the interpretation of treaties in international investment law -- Oliver Hailes : police powers in a pandemic : investment treaty arbitration and the customary presumption of reasonable regulation -- Madhav Mallya : the precautionary principle and the international investment regime : the gradual inclusion of emerging customary international environmental law in iternational investment agreements -- Filip Balcerzak : the role of custom in international investment law remedies : the curious case of natural resources -- Nina Mileva : a TWAIL engagement with customary international investment law : some strategies for interpretation concluding thoughts -- Panos Merkouris, Andreas Kulick, José Manuel Álvarez-Zarate & Maciej Żenkiewicz : custom and its interpretation in international investment law : final musings.

At first glance, one may think of international investment law as a response to custom (or lack thereof), instead of a field of its application. However, in fact, the opposite is the case. The interpretation and application of customary rules and principles are the bread and butter of international investment law and arbitration. With a diverse range of expert contributors, this collection traces how customary international law is practised in international investment law. It considers how custom should be interpreted and how its rules and principles should be understood and applied by investor-state arbitral tribunals. Raising and addressing vital questions surrounding custom and international law, this collection is a necessary contribution to the scholarship of the theory and history of customary international law and international investment law. This title is also available as Open Access on Cambridge Core.