FDI Perspective No. 248: “Investment dispute settlement à la carte within a multilateral institution: A path forward for the UNCITRAL process?,” by Stephan W. Schill and Geraldo Vidigal

Divergent models for investment dispute settlement risk producing legal fragmentation. States should consider a Multilateral Institution for Dispute Settlement on Investment (MIDSI) permitting dispute settlement “à la carte”. Within MIDSI, a Multilateral Investment Court could settle investor-state disputes on an opt-in basis and serve other systemic functions.

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