13-Mar-2017
International Economic Law and Policy Blog
An ICSID Annulment Committee's decision to reduce the damages to be paid to Exxon by $1.4 billion seems like a cause for celebration-a victory of economic sovereignty over Big Oil. But as gifts to economic justice go, this one is a Trojan horse indeed.
8-Mar-2017
International Economic Law and Policy Blog
The consequence of this decision is that investors would likely be put above all other victims of terrorism and related political violence in conflict areas. That is shocking from the perspective of international justice.