20 October 2006
Key Points:
With many commercial enterprises looking to invest their assets in foreign markets, how can they ensure the risk involved is minimised? How much protection to Bilateral Investment Treaties ("BITs") and Multilateral Investment Treaties ("MITs") really provide? Can investing in foreign markets be made simpler?
Professor Dr Karl-Heinz Böckstiegel explored this topic as the presenter of the 2006 Clayton Utz and University of Sydney International Arbitration Lecture, "Enterprise v State: the new David and Goliath?".
Professor Böckstiegel is regarded as one of the world's leading arbitrators. He is well known for his role as the former president of the Iran-US Claims Tribunal and panel chairman of the United Nations Compensation Commission, in which he initiated efficient case management techniques which eventually carried over into regular commercial arbitrations in the ICC and beyond.
Professor Böckstiegel is president of the International Law Association and the German Institution for Arbitration. He was previously President of the London Court of International Arbitration. He has acted as parties' counsel, as mediator, as arbitrator and has presided over arbitration tribunals in many national and international arbitration proceedings under the rules of the ICC, ICSID, UNCITRAL and other institutions.
The Clayton Utz and University of Sydney International Arbitration Lecture is an annual event which intends to break down the complexities of international arbitration and international dispute resolution. Professor Böckstiegel presented this year's lecture on 27 September 2006 in the Supreme Court of New South Wales. For a copy of his transcript or further information, visit www.ialecture.com
