The Fate of Investment Dispute Resolution after the Achmea Decision of the European Court of Justice
Article from: TDM 5 (2018), in EU, Investment Treaties, and Investment Treaty Arbitration - Current Developments and Challenges
Abstract
This article explores the contents and consequences of the Achmea judgment recently given by the European Court of Justice (6 March 2018, case C-284/16). In its first part, the article analyses the judgment from a European point of view. It notes that Achmea is primarily concerned with the autonomy of the EU legal order in international dispute resolution and only secondarily with investment arbitration. The judgment seamlessly ties in with the Court's Opinion 2/13 on the Accession of the EU to the European Convention of Human Rights. In its second part, the ...