State Companies as Claimants Under the 1965 Washington Convention on Investment Disputes Between States and Foreign Persons

In this article, the author examines the status of state-owned companies as claimants under the 1965 Washington Convention on the settlement of investment disputes between States and nationals of other States and the competence of the International Centre for Settlement of Investment Disputes to con...

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Main Author: N. S. Andreeva
Format: Article
Language:English
Published: North-West Institute of Management, Branch of Russian Presidential Academy of National Economy and Public Administration (RANEPA) 2023-03-01
Series:Теоретическая и прикладная юриспруденция
Subjects:
Online Access:https://www.taljournal.ru/jour/article/view/247
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author N. S. Andreeva
author_facet N. S. Andreeva
author_sort N. S. Andreeva
collection DOAJ
description In this article, the author examines the status of state-owned companies as claimants under the 1965 Washington Convention on the settlement of investment disputes between States and nationals of other States and the competence of the International Centre for Settlement of Investment Disputes to consider claims of the stateowned companies. The paper considers possible limitations of the right of action of the state-owned companies, reflected in the so-called “Broches test”. As a result of the analysis of the case law of international investment tribunals the author concludes that the right of recourse to international investment arbitration shall in any case be available for the state-owned companies which perform a commercial function. In addition, the author proposes an algorithm for determining whether a state-owned company, which is authorized to exercise elements of state power, has the right of action.
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institution Kabale University
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publishDate 2023-03-01
publisher North-West Institute of Management, Branch of Russian Presidential Academy of National Economy and Public Administration (RANEPA)
record_format Article
series Теоретическая и прикладная юриспруденция
spelling doaj-art-f368aedc14f345cc8078a27b52e54f1b2025-01-14T11:56:23ZengNorth-West Institute of Management, Branch of Russian Presidential Academy of National Economy and Public Administration (RANEPA)Теоретическая и прикладная юриспруденция3034-28132023-03-0101475510.22394/2686-7834-2023-1-47-55160State Companies as Claimants Under the 1965 Washington Convention on Investment Disputes Between States and Foreign PersonsN. S. Andreeva0National Research University Higher School of Economics; Better Chance JSCIn this article, the author examines the status of state-owned companies as claimants under the 1965 Washington Convention on the settlement of investment disputes between States and nationals of other States and the competence of the International Centre for Settlement of Investment Disputes to consider claims of the stateowned companies. The paper considers possible limitations of the right of action of the state-owned companies, reflected in the so-called “Broches test”. As a result of the analysis of the case law of international investment tribunals the author concludes that the right of recourse to international investment arbitration shall in any case be available for the state-owned companies which perform a commercial function. In addition, the author proposes an algorithm for determining whether a state-owned company, which is authorized to exercise elements of state power, has the right of action.https://www.taljournal.ru/jour/article/view/247state-owned entitiesinternational investment arbitrationwashington conventioninternational centre for settlement of investment disputesright of actionbroches test
spellingShingle N. S. Andreeva
State Companies as Claimants Under the 1965 Washington Convention on Investment Disputes Between States and Foreign Persons
Теоретическая и прикладная юриспруденция
state-owned entities
international investment arbitration
washington convention
international centre for settlement of investment disputes
right of action
broches test
title State Companies as Claimants Under the 1965 Washington Convention on Investment Disputes Between States and Foreign Persons
title_full State Companies as Claimants Under the 1965 Washington Convention on Investment Disputes Between States and Foreign Persons
title_fullStr State Companies as Claimants Under the 1965 Washington Convention on Investment Disputes Between States and Foreign Persons
title_full_unstemmed State Companies as Claimants Under the 1965 Washington Convention on Investment Disputes Between States and Foreign Persons
title_short State Companies as Claimants Under the 1965 Washington Convention on Investment Disputes Between States and Foreign Persons
title_sort state companies as claimants under the 1965 washington convention on investment disputes between states and foreign persons
topic state-owned entities
international investment arbitration
washington convention
international centre for settlement of investment disputes
right of action
broches test
url https://www.taljournal.ru/jour/article/view/247
work_keys_str_mv AT nsandreeva statecompaniesasclaimantsunderthe1965washingtonconventiononinvestmentdisputesbetweenstatesandforeignpersons