27 Berkeley J. Int'l Law 496 (2009)
Mulitilateralizing Investment Treaties through Most-Favored-Nation Clauses

handle is hein.journals/berkjintlw27 and id is 500 raw text is: 






       Multilateralizing Investment Treaties

     Through Most-Favored-Nation Clauses



                          Stephan W. Schill*



                             Table of Contents


I.Introduction ................................................................................................... 496
II.Historical and Doctrinal Background of MFN Clauses ................................ 506
       A.   The Structure of M FN Clauses ..................................................... 506
       B.   The Historical Development of MFN Clauses ............................. 509
       C. Codification on MFN Clauses by the International Law
            C om m ission ................................................................................. 5 14
III.Multilateralizing Substantive Investment Protection .................................. 518
       A.   Importing More Favorable Investor Rights .................................. 519
       B.   Limits to the Operation of MFN Clauses ..................................... 521
            1.   Explicit Restrictions of the Scope of Application of MFN
                 C lau ses  ................................................................................ 52 1
           2.    Restrictions of MFN Clauses Based on the Scope of
                 Application of the Basic Treaty ........................................... 523
       C.   Circumventing Restrictions of MFN Treatment ........................... 525
IV.Multilateralizing Procedural Investment Protection ................................... 528
       A. Circumventing Admissibility-Related Access Restrictions to
            Investor-State Dispute Settlement ................................................ 530

    * Rechtsanwalt (admitted to the bar in Germany); Attorney-at-Law (New York); Interna-
tional Arbitration Law Clerk to The Honorable Charles N. Brower, Arbitrator, 20 Essex Street,
London; Dr. iur. (Johann Wolfgang Goethe-Universitiit Frankfurt am Main, 2008); LL.M.
International Legal Studies (New York University, 2006); LL.M. Europaisches und Internationales
Wirtschaftsrecht (Universitat Augsburg 2002). Portions of this article are adapted from STEPHAN
SCHILL, Multilateralization through Most-Favored-Nation Treatment, in THE MULTILATERALIZA-
TION OF INTERNATIONAL INVESTMENT LAW (Cambridge University Press 2009). Reprinted with the
permission of Cambridge University Press.

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