Beyond Effect and Intention: Proportionality in Investment Arbitration
Indirect expropriation is the prevailing form of expropriation today, and its determination constitutes one of the main problems in international investment law. Doctrine and case-law has identified two possible solutions centered, respectively, in the effects or in the intention of the measures ado...
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| Format: | article |
| Language: | Spanish |
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2020
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| Online Access: | https://revistas.ucu.edu.uy/index.php/revistadederecho/article/view/2213 https://hdl.handle.net/10895/7261 |
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| _version_ | 1868890084061741056 |
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| author | López Escarcena, Sebastián |
| author_browse | López Escarcena, Sebastián |
| author_facet | López Escarcena, Sebastián |
| author_role | author |
| collection | LIBERI |
| dc.creator.none.fl_str_mv | López Escarcena, Sebastián |
| dc.date.none.fl_str_mv | 2020-11-12 2025-12-22T16:47:39Z 2025-12-22T16:47:39Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | https://revistas.ucu.edu.uy/index.php/revistadederecho/article/view/2213 10.22235/rd22.2213 https://hdl.handle.net/10895/7261 |
| dc.language.none.fl_str_mv | spa |
| dc.publisher.none.fl_str_mv | Universidad Católica del Uruguay |
| dc.relation.none.fl_str_mv | https://revistas.ucu.edu.uy/index.php/revistadederecho/article/view/2213/2237 |
| dc.rights.none.fl_str_mv | http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
| dc.source.none.fl_str_mv | Revista de Derecho; No. 22 (2020): Revista de Derecho ; 112-137 Revista de Derecho; Núm. 22 (2020): Revista de Derecho ; 112-137 Revista de Derecho; N.º 22 (2020): Revista de Derecho ; 112-137 2393-6193 1510-3714 10.22235/rd.vi22 reponame:LIBERI instname:Universidad Católica del Uruguay instacron:Universidad Católica del Uruguay |
| dc.subject.none.fl_str_mv | inversión extranjera tratados expropiación indirecta proporcionalidad derechos humanos foreign investment treaties indirect expropriation proportionality human rights |
| dc.title.none.fl_str_mv | Beyond Effect and Intention: Proportionality in Investment Arbitration Más allá del efecto y de la intención: la proporcionalidad en los arbitrajes de inversiones |
| dc.type.none.fl_str_mv | info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Papers evaluated by peers Artículos evaluados por pares Avaliados por pares info:eu-repo/semantics/publishedVersion |
| description | Indirect expropriation is the prevailing form of expropriation today, and its determination constitutes one of the main problems in international investment law. Doctrine and case-law has identified two possible solutions centered, respectively, in the effects or in the intention of the measures adopted by the host state. Of late, a third alternative has appeared that finds possible support in certain last-generation investment treaties. Deriving from the case-law of the European Court of Human Rights on the protection of property, it applies the principle of proportionality to determine the expropriatory nature of those measures judicially challenged by foreign investors in international arbitrations. This possible solution, however, also presents some issues of implementation. The purpose of this work is to study the application of proportionality in these disputes. Through the analysis of the relevant case-law, and the use of the dogmatic and comparative methods, the present article examines the emergence of this principle in international investment law, highlighting the differences in its application in the fora in which it has been used, to conclude that in order to become a useful instrument for solving claims of indirect expropriation it must have a clear normative basis, allowing for its employment, in tandem with the margin of appreciation, to determine the lawfulness of the respective measures, not their expropriatory nature. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | anni_695380ea30ee559c72d34dc2f2e7d1b9 |
| identifier_str_mv | 10.22235/rd22.2213 |
| instacron_str | Universidad Católica del Uruguay |
| institution | Universidad Católica del Uruguay |
| instname_str | Universidad Católica del Uruguay |
| language | spa |
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| network_name_str | oai-lr-anni |
| oai_identifier_str | oai:liberi.ucu.edu.uy:10895/7261 |
| publishDate | 2020 |
| publishDateSort | 2020 |
| publisher.none.fl_str_mv | Universidad Católica del Uruguay |
| reponame_str | LIBERI |
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| rights_invalid_str_mv | http://creativecommons.org/licenses/by/4.0 |
| spelling | Beyond Effect and Intention: Proportionality in Investment ArbitrationMás allá del efecto y de la intención: la proporcionalidad en los arbitrajes de inversionesLópez Escarcena, Sebastiáninversión extranjeratratadosexpropiación indirectaproporcionalidadderechos humanosforeign investmenttreatiesindirect expropriationproportionalityhuman rightsIndirect expropriation is the prevailing form of expropriation today, and its determination constitutes one of the main problems in international investment law. Doctrine and case-law has identified two possible solutions centered, respectively, in the effects or in the intention of the measures adopted by the host state. Of late, a third alternative has appeared that finds possible support in certain last-generation investment treaties. Deriving from the case-law of the European Court of Human Rights on the protection of property, it applies the principle of proportionality to determine the expropriatory nature of those measures judicially challenged by foreign investors in international arbitrations. This possible solution, however, also presents some issues of implementation. The purpose of this work is to study the application of proportionality in these disputes. Through the analysis of the relevant case-law, and the use of the dogmatic and comparative methods, the present article examines the emergence of this principle in international investment law, highlighting the differences in its application in the fora in which it has been used, to conclude that in order to become a useful instrument for solving claims of indirect expropriation it must have a clear normative basis, allowing for its employment, in tandem with the margin of appreciation, to determine the lawfulness of the respective measures, not their expropriatory nature.La forma de expropiación que prevalece hoy es la indirecta, cuya determinación constituye uno de los principales problemas a resolver en el derecho internacional de la inversión. La doctrina y jurisprudencia han identificado dos posibles soluciones centradas, respectivamente, en el efecto o en la intención de las medidas estatales. En el último tiempo, ha aparecido una tercera alternativa que cuenta con un aparente apoyo en ciertos tratados de inversión de nueva generación. Esta proviene de la jurisprudencia de la Corte Europea de Derechos Humanos relativa a la protección de la propiedad, y consiste en la aplicación del principio de proporcionalidad para determinar la naturaleza expropiatoria de las medidas judicialmente impugnadas por inversionistas extranjeros en arbitrajes internacionales. Esta posible solución, sin embargo, también presenta algunas dificultades de implementación. El propósito de este trabajo es estudiar la aplicación de la proporcionalidad en dichos arbitrajes. A través del análisis de la jurisprudencia relevante, y la utilización de los métodos dogmático y comparativo, se examina la aparición de este principio en el derecho internacional de la inversión, destacando las diferencias en su aplicación en los foros en los que se la ha utilizado, para concluir que este solo podrá constituir un instrumento útil para solucionar demandas de expropiación indirecta en la medida que cuente con una clara base normativa, que le permita ser empleado, en conjunto con el margen de apreciación, para determinar la legalidad de las medidas respectivas, no su naturaleza expropiatoria.Universidad Católica del Uruguay2020-11-122025-12-22T16:47:39Z2025-12-22T16:47:39Zinfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPapers evaluated by peersArtículos evaluados por paresAvaliados por paresinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://revistas.ucu.edu.uy/index.php/revistadederecho/article/view/221310.22235/rd22.2213https://hdl.handle.net/10895/7261Revista de Derecho; No. 22 (2020): Revista de Derecho ; 112-137Revista de Derecho; Núm. 22 (2020): Revista de Derecho ; 112-137Revista de Derecho; N.º 22 (2020): Revista de Derecho ; 112-1372393-61931510-371410.22235/rd.vi22reponame:LIBERIinstname:Universidad Católica del Uruguayinstacron:Universidad Católica del Uruguayspahttps://revistas.ucu.edu.uy/index.php/revistadederecho/article/view/2213/2237http://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessoai:liberi.ucu.edu.uy:10895/72612026-06-16T06:54:01Z |
| spellingShingle | Beyond Effect and Intention: Proportionality in Investment Arbitration López Escarcena, Sebastián inversión extranjera tratados expropiación indirecta proporcionalidad derechos humanos foreign investment treaties indirect expropriation proportionality human rights |
| status_str | publishedVersion |
| title | Beyond Effect and Intention: Proportionality in Investment Arbitration |
| title_full | Beyond Effect and Intention: Proportionality in Investment Arbitration |
| title_fullStr | Beyond Effect and Intention: Proportionality in Investment Arbitration |
| title_full_unstemmed | Beyond Effect and Intention: Proportionality in Investment Arbitration |
| title_short | Beyond Effect and Intention: Proportionality in Investment Arbitration |
| title_sort | Beyond Effect and Intention: Proportionality in Investment Arbitration |
| topic | inversión extranjera tratados expropiación indirecta proporcionalidad derechos humanos foreign investment treaties indirect expropriation proportionality human rights |
| url | https://revistas.ucu.edu.uy/index.php/revistadederecho/article/view/2213 https://hdl.handle.net/10895/7261 |