Document Type : Research Paper
Authors
1 Ph.D Student, International Relations, Faculty of Law, Theology and Political Sciences, Islamic Azad University Science and Research Branch, Tehran, Iran
2 Associate Professor, International Relations, Faculty of Law, Theology and Political Sciences, Islamic Azad University Science and Research Branch, Tehran, Iran
3 Assistant Professor, International Relations, Faculty of Law, Theology and Political Sciences, Islamic Azad University Science and Research Branch, Tehran
Abstract
There is a growing stream of critics who see investment arbitration in favor of foreign investors and as a negative force as opposed to sustainable development. The phenomenon of third-party funding and its use in investment arbitration has increased such concerns. Third-party funding is basically the payment of all or a part of the arbitration costs of one of the parties of dispute by a third party funder which in return, the funder receives a percentage of the output of the award if successful. The purpose of this article is to explain and analyze the theoretical differences between pros and cons of third-party funding regarding the access to justice, screening mechanism for the claims, and the financial consequences on the host state. In this article, the advocates see third-party funding as a means of access to justice for aggrieved investors in investment claims, while the adversaries refering on the profitability of third-party funding, see this method in arbitration a form of wealth transfer from public sector to private corporations and also refer to the asymmetric structure of the investment arbitration regime as well as the risks arising from the transfer of management and control of arbitration process to the third party funders.
Keywords
Main Subjects
- پاکزاد، کاملیا، تأمین مالی توسط ثالث در داوری تجاری بین‌المللی (تهران: انتشارات جاودانه-جنگل، 1399).
- صفایی، حسین، حقوق بین‌الملل و داوری‌های بین‌المللی (تهران: نشر میزان، 1375).
- میرویسی، علیرضا، حقوق سرمایه‌گذاری خارجی در چارچوب معاهدات دو جانبه سرمایه‌گذاری (تهران: انتشارات پریس، 1393).
- مولوی، مهسا، سرمایه‌گذاری ثالث در داوری بین‌المللی (تهران: انتشارات چتر دانش، 1399).
مقاله‌ها
- بهمئی، محمدعلی و اسدی محمدمهدی، «چالش‌های اساسی تأمین مالی داوری بین‌المللی توسط شخص ثالث»، پژوهش حقوق خصوصی، دوره 9، شماره 34، 96، (1400).
- شیروی، عبدالحسین و انصاری، اعظم، «چالش تعهد بر افشا در تأمین مالی هزینه‌های داوری تجاری بین‌المللی توسط ثالث»، مجله مطالعات حقوقی، دوره یازدهم، شماره چهارم، (1398).
- فروغی، غلامعلی، «گزارش سی و هشتمین نشست کارگروه سوم آنسیترال»، وزارت امور خارجه، تهران، اداره کل حقوقی و بین‌المللی، (1398).
- کریمی، عباس و قربانی زلیخانی، مجید، «سرمایه‌گذاری ثالث در داوری تجاری بین‌المللی»، فصلنامه تحقیقات حقوقی، شماره 91 ، (1399).
رساله
- سید کریمی، سیدعلی، تأمین مالی داوری بین‌المللی توسط اشخاص ثالث، پایان‌نامه کارشناسی ارشد، دانشکده حقوق دانشگاه شهید بهشتی، (1395).
References
Books
- Gus Van Harten, Investment Treaty Arbitration and Public Law (Oxford: Oxford University Press, 2007).
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Articles
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Websites
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Cases
- Excalibur Ventures v Taxas Keystone and otbers [2016] EWCA civ1144.
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- Urbaser v Argentina, ICSID Case No. ARB/ 07/ 26. Award, 8 December 2016; David Aven v Costa Rica UNCITRAL, Final Award, 2018.
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