The ICSID Reports provide an authoritative published collection of investor-State arbitral awards and decisions rendered under the auspices of the World Bank's International Centre for Settlement of Investment Disputes (ICSID), pursuant to other bilateral or multilateral investment treaties such as the North American Free Trade Agreement (NAFTA) and the Energy Charter Treaty (ECT) or involving investment contracts entered by States. These decisions, which are fully indexed, make an important contribution to the growing body of jurisprudence on international investment law. The ICSID Reports are an invaluable tool for practitioners, scholars and government lawyers working in the field of public international law, investment treaty arbitration, international commercial arbitration, or advising foreign investors or States. Volume 18 of the ICSID Reports focuses on Defence Arguments in Investment Arbitration, including an opening piece from leading scholar and practitioner Professor Jan Paulsson, a founding partner of Three Crowns LLP, and a preliminary study by Professor Jorge E Viñuales, Harold Samuel Chair of Law and Environmental Policy at the University of Cambridge. Volume 18 of the ICSID Reports includes summaries, digests and excerpts of decisions rendered between 2007 and 2018 in 20 cases involving States from across Africa, Asia, Europe and the Americas, reflecting the breadth of defence arguments in contemporary practice: Sempra v. Argentina, Continental Casualty v. Argentina, Cargill v. Mexico, Mobil v. Canada, Bankswitch v. Ghana, Yukos v. Russia, von Pezold v. Zimbabwe, Quiborax v. Bolivia, General Dynamics v. Libya, Philip Morris v. Uruguay, Devas v. India, Churchill v. Indonesia, Urbaser v. Argentina, Orascom v. Algeria, Karkey v. Pakistan, E energija v. Latvia, Mercer v. Canada, Antaris v. Czech Republic, ENKA v. Gabon, and Cortec v. Kenya.
Sempra Energy International v. Argentine Republic (ICSID Case No. ARB/02/16) Summary and digest by Bruno Gelinas-Faucher, University of Cambridge; Award, 28 September 2007, paras. 241–269 and 325–397; Decision on the Argentine Republic's Application for Annulment of the Award, 29 June 2010, paras. 186–219; Continental Casualty Company v. Argentine Republic (ICSID Case No. ARB/03/9); Summary and digest by Jaime Gallego, LALIVE; Award, 5 September 2008, paras. 160–236; Cargill, Incorporated v. United Mexican States (ICSID Case No. ARB(AF)/05/2) Summary and digest by Jana Lamas de Mesa, Uría Menéndez Abogados SLP; Award, 18 September 2008, paras. 379–430; Mobil Investments Canada Inc. and Murphy Oil Corporation v. Government of Canada (ICSID Case No. ARB(AF)/07/4) Summary and digest by David Seidl and Tamara Korešová, Squire Patton Boggs;Decision on Liability and on Principles of Quantum, 22 May 2012, paras. 172–173, 210–265, 284–357 and 367–413; Partial Dissenting Opinion, 17 May 2012, paras. 1–41;Bankswitch Ghana Ltd. (Ghana) v. Republic of Ghana Acting as the Government of Ghana (PCA Case No. 2011-10)Summary and digest by Constantinos Salonidis and Joseph Klingler, Foley Hoag LLP; Award Save as to Costs, 11 April 2014, paras. 11.23–11.34 and 11.71–11.97; Yukos Universal Limited (Isle of Man) v. The Russian Federation (PCA Case No. AA 227); Hulley Enterprises Limited (Cyprus) v. The Russian Federation (PCA Case No. AA 226); Veteran Petroleum Limited (Cyprus) v. The Russian Federation (PCA Case No. AA 228) Summary and digest by Guillaume Croisant, Linklaters LLP;Final Award, 18 July 2014, paras. 1343–1374 and 1401–1447; Von Pezold, Von Pezold, Webber, Von Pezold, Batthyàny, Von Pezold, Von Pezold, Von Pezold and Von Pezold v. Republic of Zimbabwe (ICSID Case No. ARB/10/15); Border Timbers Limited, Border Timbers International (Private) Limited and Hangani Development Co. (Private) Limited v. Republic of Zimbabwe (ICSID Case No. ARB/10/25) Summary and digest by Berk Demirkol, University of Galatasaray; Award, 28 July 2015, paras. 460–468 and 624–668; Quiborax S.A., Non-Metallic Minerals S.A. and Fosk Kaplún v. Plurinational State of Bolivia (ICSID Case No. ARB/06/2) Summary and digest by Oliver Marsden and Yuri Mantilla, Freshfields Bruckhaus Deringer LLP; Award, 16 September 2015, paras. 196–227; General Dynamics United Kingdom Limited (United Kingdom) v. The State of Libya (ICC Case No. 19222/EMT); Summary and digest by Camille Martini, Cleary Gottlieb Steen & Hamilton LLP; Final Award, 5 January 2016, paras. 233–284, 324–333 and 549–560; Philip Morris Brands Sàrl, Philip Morris Products S.A. and Abal Hermanos S.A. v. Oriental Republic of Uruguay (ICSID Case No. ARB/10/7) Summary and digest by Oliver Hailes, University of Cambridge; Award, 8 July 2016, paras. 286–307 and 388–420; Concurring and Dissenting Opinion, 8 July 2016, paras. 136–145 and 181–191; CC/Devas (Mauritius) Ltd., Devas Employees Mauritius Private Limited and Telcom Devas Mauritius Limited v. Republic of India (PCA Case No. 2013-09) Summary and digest by Alexander Ferguson, Queen Mary University of London; Award on Jurisdiction and Merits, 25 July 2016, paras. 211–295 and 413–414; Dissenting Opinion of David R Haigh QC, 25 July 2016, paras. 76–109; Churchill Mining Plc and Planet Mining Pty Ltd v. Republic of Indonesia (ICSID Case No. ARB/12/14 and 12/40) Summary and digest by Eduardo Silva Romero, David L Attanasio, Javier Echeverri Díaz and Ruxandra Esanu, Dechert LLP; Award, 6 December 2016, paras. 487–532; Urbaser S.A. and Consorcio De Aguas Bilbao Bizkaia, Bilbao Biskaia Ur Partzuergoa v. The Argentine Republic (ICSID Case No. ARB/07/26); Summary and digest by Gabriela Álvarez Ávila and Ricardo Mier y Teran Ruesga, Curtis, Mallet-Prevost, Colt & Mosle SC; Award, 8 December 2016, paras. 1143–1155 and 1182–1221; Orascom TMT Investments S.à.r.l. v. Pe
Jorge E. Viñuales is the Harold Samuel Professor of Law and Environmental Policy at the University of Cambridge, a Member (Associé) of the Institut de Droit International, and Fellow of the Lauterpacht Centre for International Law. Michael Waibel is Professor of International Law at the University of Vienna. He was Co-Deputy Director of the Lauterpacht Centre for International Law from 2015-2019.
