About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

4 McGill J. Disp. Resol. 1 (2017-2018)

handle is hein.journals/mgjdp4 and id is 1 raw text is: VOL 4 (2017-2018), 1 McGILL JOURNAL REVUE DE REGLEMENT OF DISPUTE RESOLUTION DES DIFFERENDS DE McGILL ProblematizingAbaciat's Mass Claims Investment Arbitration Using Domestic Class Actions Relia Radovic* The 2011 decision on jurisdiction and admissibility in Abaclat and Others v Argentina has started a discussion about mass claims processes in investment treaty arbitration. The tribunal concluded that although proceedings were initiated in aggregate, the continuance of the case contained a representative feature. This determination led them to declare that the applicable procedure could and had to be adapted. Today, the legacy of Abaclat and the availability of mass claims procedural devices in investment treaty arbitration remain questionable: can mass claims investment arbitration be qualified as 'class-like'?Ifso, does it satisfy thefundamental principles ofarbitration (particularly the principle of consent)? This article takes a comparative approach to answering these questions by putting mass claims investment arbitration procedures and United States class actions processes side-by-side. It argues that mass claims arbitration as construed in Abaclat cannot satisfy fundamental arbitration principles because it fails to observe the inextricable link between the parties' consent, representative procedure, and representative relief It is therefore wrong to view mass claims arbitration as an available device for investors in investment treaty arbitration. La decision de 2011 dansAbaclat et autres c. Argentine concernant lajuridiction et l'admissibilite a initid une discussion sur lesprocessus de riclamations collectives en arbitrage relatif aux traitis d'investissement. Le tribunal a conclu que malgre que la procedure ait ddbutie en jonction, la continuation du cas contenait une caracteristique representative. Ceci a mend le tribunal a declarer que la procedure applicable pouvait, et devait, tre adaptie. Aujourd'hui, I'hdritage d 'Abaclat, et la disponibilite des dispositifs proceduraux des rdclamations collectives en arbitrage relatifaux traitis d'investissement demeurent douteux: est-ce que les reclamations collectives en arbitrage d'investissement peuvent 8tre qualifides comme etant ((collectives))? Le cas echeant, est ce qu'ils satisfont aux principes fondamentaux de l'arbitrage (particulierement le principe de consentement)? Cet article adopte une approche comparative afin de rdpondre a ces questions en mettant la procedure des reclamations collectives en arbitrage d'investissement et la procedure des recours collectifs des Etats-Unis c6te a c6te. L'article avance que l'arbitrage des reclamations collectives, tel que congu dansAbaclat, ne peut satisfaire aux principes fondamentaux de I'arbitrage, ne respectantpas le lien inextricable entre le consentement, la procedure representative et la decision representatif Il est donc faux de considerer l'arbitrage des reclamations collectives comme etant un moyen disponible pour les investisseurs en arbitrage relatifaux traitis d'investissements. * PhD Candidate at the University ofLuxembourg. The author is grateful to Bayak BaglIayan and Johannes Hendrik Fahner for their kind comments and suggestions during the work on this article. The present research is supported by the National Research Fund, Luxembourg.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most