<i>‘As soon as the reader opens the book, he/she is impressed by the list of contributors (renowned practitioners, academics and arbitrators), the detailed lists of cases, legislation, and international instruments cited therein. As such, after leafing through the first few pages, the reader has very high expectations. The book certainly meets these expectations. The structure of the volume is easy and accessible, the content of the chapters is thorough and detailed, the analysis of the documents of the ICSID system is unique. As Meg Kinnear, ICSID Secretary-General, has written in her foreword to the book: “This new commentary, envisioned and realized by Julien Fouret, Rémy Gerbay and Gloria Alvarez, is a tremendous analysis of the foundational documents of the ICSID system.” I could not agree more.’</i>
- Gabriele Ruscalla, ICC Dispute Resolution Bulletin,
<i>‘By all accounts and standards, this is an impressive book. This guide is comprehensive and very reliable. On dozens of issues, from the dramatic to the mundane, readers are provided with accessible information, and often with guidance as to the proper interpretation of controversial provisions. It has taken quite a while for the Commentary genre to engage with the ICSID Convention. This work is not the first of its kind, but - at least for the time being - the most comprehensive, up-to-date and compact guide to the ICSID arbitration framework: it marks a significant achievement, on which the editors and the publisher are to be congratulated.’</i>
- Christian Tams, European Yearbook of International Economic Law,
<i>‘The must-read and must-have state-of-the-art practical guide for all users of the ICSID Convention.’</i>
- Nikos Lavranos, European Investment Law and Arbitration Review,
<i>‘This is a monumental work . . . this book is worth its weight in gold. The detail of the commentary on each article of the Convention, regulations and rules is impressive. With the surge in investment arbitration over the past thirty years, this work is no doubt a timely and topical addition to the ISDS library, which will offer a welcome alternative to the longer-standing, more entrenched works on the subject. . . . the absolutely supreme quality of the writing that constitutes the commentary. I cannot but recommend this work most warmly and look forward to using it in my own practice.’</i>
- Gordon Blanke, Arbitration,
<i>‘Because of the ICSID system’s fundamental and ground-breaking role in this context, the ICSID Commentary is indispensable. It provides a thorough and comprehensive and up-to-date view of how it operates and how it achieves a balance of the interests of States and investors, as well as of how it has been capable of evolving and adapting over the years.’</i>
- Luca G Radicati di Brozolo and Caterina Benini, CSID Review,
<i>‘The </i>Practical Commentary<i> is an impressive piece of scholarship with a pragmatic analytical approach on the most important set of rules for the settlement of ISDS disputes. It is a comprehensive and accessible treatment of the ICSID Convention, its Regulations and Rules. The diligent and terrific analysis of those provisions carried out by the 101 authors with extensive expertise in ISDS, shows how history, tradition and evolution coexist peacefully in the ICSID system, thanks to the flexible and elastic nature of the provisions of the Convention, its Regulations and Rules.’</i>
- Gabriele Ruscalla, ICC Dispute Resolution Bulletin,
<i>‘Having gathered writings from over 70 authors, Fouret, Gerbay and Alvarez have created an ICSID Practical Commentary that presents a detailed and exhaustive review of the ICSID Convention, Rules and regulations. Extensive discussion of policy, practice and scholarship makes of this commentary a timely and highly relevant reference work for all the members of the investment arbitration community.’</i>
- Gabrielle Kaufmann-Kohler, Professor Emerita at Geneva University Law School, Switzerland,
<i>‘ICSID Practical Commentary is a state of the art work on the present and future of international investment treaty practice under ICSID. This important book should be a required stop for policy-makers, government officials, practitioners and academics concerned with investment treaty practice under ICSID procedures and beyond. This volume is an all-encompassing work as it encapsulates the experience of many knowledgeable members of the arbitration community.’</i>
- George A. Bermann, Columbia University, School of Law, US,
<i>‘This comprehensive commentary is the first in-depth analysis of both the Washington Convention together with all the regulations and rules applicable in an ICSID Arbitration. With more than 70 authors, including themselves, Julien Fouret, Rémy Gerbay and Gloria Alvarez have edited a book which demonstrates their understanding of the system as a whole by proposing a practical and forward-looking analysis of not only what are the rules applicable to date, but also what might be expected in the future.’</i>
- Professor Emmanuel Gaillard, Partner and Head of Arbitration Practice, Shearman & Sterling, France,
<i>‘Modern, simple and sophisticated, the latest comprehensive study of the ICSID Rules likely will become a staple of investment treaty arbitration. Practitioners will know to take advantage of the detailed and organized review of the Rules, which could hardly be easier to consult. The commentary is both intellectual and practical.’</i>
- Julie Bédard, Partner and Head of International Litigation and Arbitration, Americas, Skadden, Arps, Slate, Meagher & Flom and Senior Co-chair, IBA Arbitration Committee,
Key features include:
- Contributions from leading practitioners, academics and government officials in the field of international investment law and arbitration, drawn from different backgrounds and jurisdictions to give an exhaustive view of the topic
- Analysis of current thinking around proposed amendments to ICSID Rules, together with an examination of potential future developments in their interpretation and implementation
- Inclusion of the full text of the Convention, Regulations and Rules provided for ease of reference
- Detailed commentary on the Convention, Regulations and Rules, including up-to-date analysis of all significant case-law.
- Highly practical information and insights presented in an accessible format, ideal for use by Arbitration Tribunals.
This unique and comprehensive work will be an essential resource for practising lawyers and policy-makers in the investment arbitration community. The book will also be an important reference work for researchers and academics in international investment law and international arbitration.