Ivars Mekons on The Crucial Moment for International Investment Law and Arbitration (PDF)
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Legal practitioners and corporations are aware of the positive value of bilateral investment treaties ("BITs") to remedy unfair conduct by host States. International investment arbitration has grown and international investment arbitration is a stable branch of international legal practice. Yet, rather loose substantial standards in the BITs coupled with certain aspects of the regime cast doubts on the legitimacy of the BITs regime in practice.
The author, Ivars Mēkons, is a founder and chairman of the international commercial law boutique “SUCCESS Specialized Advisory Services” (www.success410.com). Ivars Mēkons has been practicing international investment law since 2004 when he was entrusted to represent the Latvian Government in negotiation of commercial agreements with foreign investors and in investment dispute resolution under commercial agreements and investment protection treaties.
In his private practice, Mr. Mēkons focuses on the areas of aviation, IT, renewable energy, and other commercial deals. Additionally, he currently serves as the Senior Legal Adviser to the Latvian Government for international investment law matters.
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