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Investment dispute settlement à la carte within a multilateral institution: A path forward for the UNCITRAL process?

Stephan W. Schill and Geraldo Vidigal

No 248, Columbia FDI Perspectives from Columbia University, Columbia Center on Sustainable Investment (CCSI)

Abstract: Divergent models for investment dispute settlement risk producing legal fragmentation. States should consider a Multilateral Institution for Dispute Settlement on Investment (MIDSI) permitting dispute settlement "à la carte". Within MIDSI, a Multilateral Investment Court could settle investor-state disputes on an opt-in basis and serve other systemic functions.

Date: 2019
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