Court of Arbitration for Sport: A Forgotten Model for ISDS?
Article from: TDM 3 (2021), in Investor-State Disputes - International Investment Law
Abstract
Investment arbitration, although advantageous in many respects, has recently faced a legitimacy crisis especially due to inconsistent awards rendered by different arbitral tribunals. The crisis has raised many concerns regarding the system of ISDS, to the extent that some states and scholars have called for extensive systemic, structural and regulatory reforms. To address these criticisms and to find a solution for the ongoing crisis, the United Nations Commission on International Trade Law (UNCITRAL) mandated its Working Group III in 2017 to deal with issue. Discussions and analyses of ...