Need for a balance between protection of foreign investment And protection of public health: Issues arising from the covid-19 pandemic

Authors

  • Christian Carbajal Valenzuela Wöss & Partners S. C., México
  • Luiza Adena Engers Camara de Arbitragem Online Arbi-ON, Brasil

DOI:

https://doi.org/10.46631/Giuristi.2020.v1n2.03

Keywords:

direito internacional dos investimentos, arbitragem de investimentos, faculdades regulatórias estatais, saúde pública, COVID-19

Abstract

International Investment Law, and Investment Arbitration in particular, are at a stage of change and challenge, which will be accelerated as a result of disputes that will arise as a result of the COVID-19 pandemic. In recent years, both, Investment Treaties and investment arbitral awards, have undergone changes of various kinds, most of them in terms of achieving a greater balance between the protection of investments and the protection of the regulatory powers of States, in accordance with the theory of proportionality. Important arbitral awards have recently been issued, which have had as its central theme the protection of public health. COVID-19 cases will further drive these changes. This article aims to provide some elements of analysis that may allow investors and Host States to know what can be expected in terms of investment arbitration and public health, in extraordinary times of international health crisis.

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Author Biographies

Christian Carbajal Valenzuela, Wöss & Partners S. C., México

Lawyer graduated from the Pontificia Universidad Católica del Perú (PUCP), Peru, master in International Economic Law by the University of Warwick, United Kingdom. Legal Advisor in foreign investment arbitrations before the ICSID and the ICC. Professor of Law courses International Commercial and Investment Arbitration in Peruvian universities and Brazil. Partner of Wöss & Partners S. C. (W&P), with offices in Mexico and Washington D.C., and of Braz Monteiro Advogados (BGM), with offices in São Paulo and Curitiba. Director of Arbitration of the Chamber of Arbitration and Mediation of Santa Catarina (CAMESC), Brazil

Luiza Adena Engers, Camara de Arbitragem Online Arbi-ON, Brasil

Lawyer graduated from the Pontifical Catholic University of Paraná (PUCPR), Curitiba, Brazil. Participation in the Master in International Law of the Université SciencePo and Lumière Lyon2, Lyon, France. Course Arbitration Laboratory, Faculty of Law and Business Allez-y, Curitiba, Brazil. Founder of the Online Arbitration Chamber Arbi-ON. Selected by SEBRAE as one of the ten innovative women from Paraná, Brazil.

References

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Published

2020-12-01

How to Cite

Carbajal Valenzuela, C., & Engers, L. A. (2020). Need for a balance between protection of foreign investment And protection of public health: Issues arising from the covid-19 pandemic. Giuristi: Revista De Derecho Corporativo, 1(2), 251–281. https://doi.org/10.46631/Giuristi.2020.v1n2.03

Issue

Vol. 1 No. 2 (2020): July - December

Section

Corporate Law

License

Copyright (c) 2020 Christian Carbajal Valenzuela, Luiza Adena Engers

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