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Home > Journal

State of Necessity: Effect on Compensation

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S. Ripinsky
Ripinsky, Sergey

Article from: TDM 6 (2007), in Compensation and Damages in International Investment Arbitration

Introduction

This paper discusses the effect on compensation of necessity, one of the so-called "circumstances precluding wrongfulness". For some, it would seem obvious that if wrongfulness of an act is excluded, an obligation to pay compensation for the losses caused by this act is also excluded. However, perhaps counter-intuitively, this is not necessarily the case under international law. The issue is relatively novel and there is little clarity as to what exactly the law requires and how it should be applied in the investment context. In an attempt to analyze relevant problems, ...

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Suggested Citation

S. Ripinsky; "State of Necessity: Effect on Compensation"
TDM 6 (2007), www.transnational-dispute-management.com

URL: www.transnational-dispute-management.com/article.asp?key=1177

Call for contributions

TDM Call for Papers: Sanctions and International Arbitration: Impact on Substantive and Procedural Issues

Ali Burney, Rinat Gareev, Kiran Nasir Gore, Dini Sejko, Prof. Joel Slawotsky, May Tai

  • Ali Burney
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TDM Call for Papers: National Courts as a Forum for the Resolution of Disputes under Article 26 Energy Charter Treaty

John P. Gaffney, Dr. iur Richard Happ,
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TDM Call for Papers: International Investment Arbitration - Environmental Protection and Climate Change Issues

Professor Dr A F M Maniruzzaman, Wendy J. Miles QC, Carla Lewis, Dr Stephen Minas

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J. Chaisse, J. Górski, E. Laryea, M.M. Mbengue, and K. Olaoye

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Advance publication

Current Trends in the Investment Environmental Jurisprudence and Predictions for Investment Disputes Involving Climate Change

24 Jan 2023

A. Frosch, W. Giemza

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Climate Change and the Territoriality of International Investment Agreements

20 Jan 2023

W.J. Simonsick

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International Investment Arbitration and the Environment: In the Search for Coexistence

20 Jan 2023

M.J. Monroy Valencia

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