Article from: TDM 6 (2007), in Compensation and Damages in International Investment Arbitration
Note: Added to this special on 18 December 2007
The coherence and consistency of the case law in international investment arbitration has become a matter of concern. Apart from the odd instances of conflicting decisions concerning the same sets of facts there are now several areas in international investment law that have developed diverse lines of authority. This is despite the fact that most tribunals carefully examine previous decisions and follow precedents most of the time.