Stability and Legitimate Expectations in International Energy Investments - (Global Energy Law and Policy) by Rahmi Kopar (Hardcover)

About the Book

"This book assesses stability guarantees through the lens of the legitimate expectations principle to offer a new perspective on the stability concept in international energy investments. The analysis of the interaction between the concepts of stability and legitimate expectations reveals that there are now more opportunities for energy investors to argue their cases before arbitral tribunals. The book offers detailed analyses of the latest energy investment arbitral awards from Spain, Italy and the Czech Republic, and reflects on the state of the art of the legitimate expectations debate and its relationship with the stability concept. The author argues that, in order to achieve stability, the legitimate expectations principle should be employed as the main investment protection tool when a dispute arises on account of unilateral host state alterations. This timely work will be useful to both scholars and practitioners who are interested in international energy law, investment treaty arbitration, and international investment law"--

Book Synopsis

This book assesses stability guarantees through the lens of the legitimate expectations principle to offer a new perspective on the stability concept in international energy investments. The analysis of the interaction between the concepts of stability and legitimate expectations reveals that there are now more opportunities for energy investors to argue their cases before arbitral tribunals.

The book offers detailed analyses of the latest energy investment arbitral awards from Spain, Italy and the Czech Republic, and reflects on the state of the art of the legitimate expectations debate and its relationship with the stability concept. The author argues that, in order to achieve stability, the legitimate expectations principle should be employed as the main investment protection tool when a dispute arises on account of unilateral host state alterations.

This timely work will be useful to both scholars and practitioners who are interested in international energy law, investment treaty arbitration, and international investment law.

Review Quotes

"Stability and Legitimate Expectations in International Energy Investments is an important contribution to the discussion on the current challenges faced by international investment law in the energy sector. It is a reference point and a solid basis for those interested in exploring this issue further." --Filip Balcerzak, Adam Mickiewicz University, Poland, The Journal of World Investment & Trade

About the Author

Rahmi Kopar is a member of the Law Faculty at Ankara Yildirim Beyazit University, Turkey.