Mediating Sovereign Debt Disputes / European Yearbook of International Economic Law Bd.35 (PDF)
This book provides a fresh perspective on resolving sovereign debt disputes within the investor-state mediation framework. In response to the limitations of traditional approaches to adjudicating public debt issues and the resulting gaps in...
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This book provides a fresh perspective on resolving sovereign debt disputes within the investor-state mediation framework. In response to the limitations of traditional approaches to adjudicating public debt issues and the resulting gaps in international law concerning sovereign defaults, creditors have increasingly turned to investor-state treaty arbitrations to recover unpaid debts. However, this shift has raised numerous criticisms and concerns.
Accordingly, this book explores the uncharted territory of utilizing mediation as a means to settle sovereign debt claims. It sheds light on the distinctive characteristics of mediation as a process, setting it apart from judicial litigation and private arbitration, and emphasizing the unique outcomes it can generate. The central argument of this book is that mediation should be seriously considered as a viable option for resolving sovereign debt disputes. Not only does it offer a more cost-effective and expeditious approach, but it also has the potential to facilitate economic recovery and sustain continued investment.
Dr. Sudborough is also a trained mediator and formerly served as the Co-Chair of the International Mediation Committee of the American Bar Association. During her tenure as Deputy Manager of the International Centre for ADR at the International Chamber of Commerce (ICC) from 2009 to 2016, she oversaw a multitude of commercial dispute resolution proceedings, including mediations involving state parties. Her contributions extended to founding and conceptualizing the Annual ICC International Mediation Conference in 2010, creating a platform for international companies to discuss dispute management strategies that foster better business practices and advocating for a more problem-solving-oriented approach within the legal profession, as opposed to traditional litigation.
- Autor: Calliope Makedon Sudborough
- 2023, 1st ed. 2023, 182 Seiten, Englisch
- Verlag: Springer International Publishing
- ISBN-10: 3031467876
- ISBN-13: 9783031467875
- Erscheinungsdatum: 07.12.2023
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