Investor Presentaiton slide image

Investor Presentaiton

102 INVESTOR-STATE DISPUTE SETTLEMENT: A SEQUEL objections is not defined. Conceivable objections could relate, for example, to cases where the claim is time-barred, or does not involve an "investment” as defined in the applicable IIA, or does not concern conduct attributable to the respondent State. The objective of the expedited procedure is to avoid spending time and resources on full proceedings for claims that can be dismissed at an early stage. This intention is also evidenced by the specific time frames provided in paragraph 5 of Article 28 above. However, if on the basis of available evidence, a tribunal decides that it cannot rule on the matter or that the issues are inextricably intertwined with the merits, it may decide that a hearing of the full case is warranted. A clear provision on discharge of frivolous claims helps to avoid potentially lengthy arguments between disputing parties on the matter of whether the proceedings should be bifurcated, i.e. whether the preliminary objections should be considered separately, prior to the full merits procedure.97 The approach described above is markedly different from other treaty clauses that simply allow, but do not mandate, separate consideration of preliminary objections by respondent States. For example Canada's Model BIT (2004) provides: "Article 37. Preliminary Objections to Jurisdiction or Admissibility Where issues relating to jurisdiction or admissibility are raised as preliminary objections, a Tribunal shall, wherever possible, decide the matter before proceeding to the merits." 97 For a discussion of issues relating to bifurcation, see, for example, Glamis Gold v. United States, Procedural Order No.2 (Revised), 31 May 2005; Mesa Power v. Canada, Procedural Order No.2, 18 January 2013; Procedural Order No. 3, 28 March 2013. UNCTAD Series on International Investment Agreements II
View entire presentation