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Part I General Framework and Fundamental Observations, 2 Article 52 of the ICSID Convention

From: Annulment Under the ICSID Convention

R Doak Bishop, Silvia M Marchili

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 14 July 2024

Awards — Annulment
2.01 Control mechanisms exist to ensure that a system works in the way that it is designed to work.1 They are concerned with the very existence of a community, its decision-making processes, and its continuing efficient operation.2 In the case of international arbitration, control mechanisms can be a key factor in selecting a dispute-resolution venue. Moreover, because they affect the allocation of costs and benefits of the processes in which they operate, those mechanisms can be highly political and controversial, and are frequently the subject of explicit policy...
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