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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

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Algunas consideraciones entorno a la protección efectiva de las inversiones del sector energético en México

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New Frontiers in Asia-Pacific International Arbitration and Dispute Resolution - Book Review

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Forming Transnational Dispute Settlement Norms: Soft Law and the Role of UNCITRAL's Regional Centre for Asia and the Pacific - Book Review

1 Jul 2022

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