Investor Presentaiton
179
Arbitrator
selection and
challenges to
arbitrators
Most IIAS do not contain detailed provisions
concerning arbitrators, leaving those matters to
the arbitration rules. In response to concerns
about the expertise of arbitrators, one option is
to specify the qualifications that arbitrators
should have, such as expertise in public
international law and/or investment law, with a
further option to require specialized expertise for
certain categories of cases such as those relating
to financial services. Another option is to
establish a roster of arbitrators where each
member State would nominate a number of
persons and from which all arbitrators to hear
specific cases must be chosen. It is debatable,
however, whether a roster of such kind would
give the parties enough flexibility to establish a
tribunal and whether it might lead to political
nominations.
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Another concern relates to issues of "repeat
appointments" when some arbitrators gain a
reputation as "claimants' arbitrators" or
"respondents' arbitrators", or are repeatedly
appointed by the same type of party. One
proposal is to eliminate the practice of party
appointment altogether. Yet this proposal gives
rise to many unanswered questions: who would
make the appointments; from whence would the
arbitrators be drawn?
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Other proposals relate specifically to
concerns about issue conflicts. One possibility is
to provide in an IIA that only arbitrators who do
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Paulsson, 2010.
UNCTAD Series on International Investment Agreements IIView entire presentation