Piercing the ‘National’ Veil of State-Backed Investors in ICSID Arbitration : Beyond Broches Test and ARSIWA

Material type: 文書・図像類

Author: Nisugi, Kento

Publisher: Osaka School of International Public Policy, Osaka University

Publication date: 2023-10-24

Material Format: Paper

Capacity, size, etc.: -

NDC: -

View All

Notes on use

Note (General)：: Amidst the rising influence of State-owned enterprises and sovereign wealth funds, the eligibility of State-backed investors to claim standing as a cl...

Search by Bookstore

Holdings of Libraries in Japan

This page shows libraries in Japan other than the National Diet Library that hold the material.

List of Cooperating Institutions and Databases

Please contact your local library for information on how to use materials or whether it is possible to request materials from the holding libraries.

other

OUKA (Osaka University Knowledge Archive)
Paper
You can check the holdings of institutions and databases with which 学術機関リポジトリデータベース（IRDB）（機関リポジトリ） is linked at the site of 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）.
OUKA (Osaka University Knowledge Archive)

Search by Bookstore

Bibliographic Record

You can check the details of this material, its authority (keywords that refer to materials on the same subject, author's name, etc.), etc.

Paper

Material Type: 文書・図像類
Title: Piercing the ‘National’ Veil of State-Backed Investors in ICSID Arbitration : Beyond Broches Test and ARSIWA
Author/Editor: Nisugi, Kento
Author Heading: Nisugi, Kento
https://nrid.nii.ac.jp/nrid/1000030824015
Publication, Distribution, etc.: Osaka School of International Public Policy, Osaka University
Publication Date: 2023-10-24
Publication Date (W3CDTF): 2023-10-24
Periodical title: OSIPP Discussion Paper
No. or year of volume/issue: DP-2023-E-003
Volume: DP-2023-E-003
Pages: 1-27
Text Language Code: eng
Subject Heading: International investment law
Investor-State arbitration
ICSID
State-backed investors
Broches test
ARSIWA
Attribution
Piercing the veil
Target Audience: 一般
Note (General): Amidst the rising influence of State-owned enterprises and sovereign wealth funds, the eligibility of State-backed investors to claim standing as a claimant before an ICSID tribunal emerges as a significant point of contention. The established ‘Broches test’ suggests that State-ownership per se does not disqualify an entity from being a ‘national’ under Article 25 of the ICSID Convention. However, the ambiguities inherent in its content and legal authority have yielded varied interpretations. A newer perspective suggests relying on attribution standards reflected in the Articles on Responsibility of States for Internationally Wrongful Act (ARSIWA) for guidance. This article examines critically these prevalent approaches and obstacles to the transplantation of ARSIWA’s attribution rules to this specific context. Instead, it proposes a method for piercing the ‘national’ veil of State-backed investors in accordance with the general principle of law of abuse of legal personality and process. This proposed framework strikes a proper balance between safeguarding the integrity of the ICSID system and ensuring State-backed investors’ access to ICSID. Moreover, this article paves the way for future tribunals by drawing inspiration from the parallel practice of the European Court of Human Rights.
References (URI): http://www.osipp.osaka-u.ac.jp/archives/DP/2023/DP2023E003.pdf
URI
http://www.osipp.osaka-u.ac.jp/archives/DP/2023/DP2023E003.pdf
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 大阪大学 : 大阪大学学術情報庫　桜華