This course is part of the 2024 Summer Program and taught by Prof. Thilo Rensmann (University of Augsburg).
The lecture course on International Investment Law focusses on the protection afforded to foreign investors under bi- and multilateral investment treaties. A special emphasis will be put on the substantive standards of protection, such as the protection against expropriation and the “fair and equitable treatment” clause. The course will also cover the highly disputed system of “Investor-State Dispute Settlement” as well as current initiatives to establish a Multilateral Investment Court. The legal topics will be placed into the broader context of current policy issues. Particular attention will be given to the democratic legitimacy of investment tribunals and the tension between the protection of foreign investment on the one hand, and conflicting public policy goals, such as the protection of human rights, labour standards, and the environment on the other.
