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About TDM
Focussing on recent developments in the area of Investment arbitration and
Dispute Management, regulation, treaties, judicial and arbitral cases, voluntary
guidelines, tax and contracting.
TDM is supported by CEPMLP / Dundee, the International Bar
Association and other law firms, international organizations and
companies.
Editor-in-Chief
Editor-in-Chief is Thomas Wälde, Professor of International
Energy Law (and former Executive Director) of the Centre for
Energy, Petroleum and Mineral Law and Policy (CEPMLP) at the
University of Dundee, the internationally leading graduate school
in oil, gas and energy law and policy. Professor Wälde is the
former principal UN adviser on oil, gas, energy and investment law.
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State Regulation of Foreign Property Rights: Between Legitimate Regulation and Nationalisation - an Analysis of Current International Economic Law in Light of the Jurisprudence of the Iran-United States Claims Tribunal
By A. Kolo
Introduction
Hardly do long-term contractual agreements run their course without some terms
being changed or dispute arising there from; more so in case of transnational
investment arrangements between governments and foreign investors. This may
partly be so because of the uncertainties in the markets, the extent and economic value
of the minerals, or the socio-political set up of the host country which may undergo
changes from time to time. Changes in commodity prices on the international markets,
or change of fortune of the venture or project may lead either of the contracting
parties to view the existing terms of the arrangement as onerous and seek to alter
them, especially as the bargaining power shifts from the investor to the host state
over a period of time.
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