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Keywords
- Arbitration
- English
- Law of Treaties
- Private International Law
- compensation
- international law
- jurisprudence
- law
About this book
With a Foreword by Tjaco T. van den Hout, Secretary-General of the Permanent Court of Arbitration and an Introduction by V.V. Veeder Q.C.
The Bank for International Settlements Arbitration (2002 and 2003) concerned the compensation to be paid for privately held shares recalled by the Bank for International Settlements on 8 January 2001. The issues in dispute included the lawfulness of the recall of the shares and the applicable standards for valuation of those shares, the adequacy of the amount paid by the Bank for International Settlements for the recalled shares, and the amount of compensation to be paid. The Tribunal’s awards contribute greatly to existing jurisprudence on matters such as valuation of an expropriated asset, the award of interest, and the right to damages for breach of an arbitration agreement where one party seeks to bring a claim on the merits before a domestic court.
This bi-lingual edition contains the official English version ofthe awards rendered in the Bank for International Settlements Arbitration, together with the Tribunal’s French translation of the awards. A stimulating and lively introduction is provided by V.V. Veeder Q.C., who appraises the contribution of the awards to international law.
The Bank for International Settlements Arbitration (2002 and 2003) concerned the compensation to be paid for privately held shares recalled by the Bank for International Settlements on 8 January 2001. The issues in dispute included the lawfulness of the recall of the shares and the applicable standards for valuation of those shares, the adequacy of the amount paid by the Bank for International Settlements for the recalled shares, and the amount of compensation to be paid. The Tribunal’s awards contribute greatly to existing jurisprudence on matters such as valuation of an expropriated asset, the award of interest, and the right to damages for breach of an arbitration agreement where one party seeks to bring a claim on the merits before a domestic court.
This bi-lingual edition contains the official English version ofthe awards rendered in the Bank for International Settlements Arbitration, together with the Tribunal’s French translation of the awards. A stimulating and lively introduction is provided by V.V. Veeder Q.C., who appraises the contribution of the awards to international law.
Editors and Affiliations
Bibliographic Information
Book Title: The Bank for International Settlements Arbitration Awards of 2002 and 2003
Editors: Belinda Mcmahon
Series Title: Permanent Court of Arbitration Award Series
Publisher: T.M.C. Asser Press The Hague
Copyright Information: T.M.C. Asser Press 2007
Hardcover ISBN: 978-90-6704-234-5Published: 31 December 2007
Softcover ISBN: 978-90-6704-943-6Published: 07 November 2014
Series ISSN: 1574-1745
Edition Number: 1
Number of Pages: X, 407