Introduction

What are the legal consequences of bribery in the context of an arbitration claim by an investor against a host state, particularly if the claim is based on a bilateral or multilateral investment treaty, such as the one between the Federal Republic of Germany and the People's Republic of China? The investor - be it an individual, a small medium enterprise or even a conglomerate - has not signed the treaty and is not even allowed to sign it, yet he derives his claims from it, including the claim for damages (provided that he qualifies as a German investor in terms of the ...