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Provisional measures in ICSID arbitration. Emmanuelle Cabrol, Partner Herbert Smith LLP. 15th Investment Treaty Forum, 10 September 2010. Article 47 – Washington Convention.
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Provisional measures in ICSID arbitration Emmanuelle Cabrol, Partner Herbert Smith LLP 15th Investment Treaty Forum, 10 September 2010
Article 47 – Washington Convention • “the Tribunal may, if it considers that the circumstances so require, recommend any provisional measures which should be taken to preserve the respective rights of either party”
Test if “the circumstances so require” “ to preserve rights” • Prima facie jurisdiction • Right to be preserved • Urgency • Necessity (risk of irreparable harm?) • Balance