Res Iudicata and Interlocutory Decisions under the ICSID Convention: Antinomies over the Power of Tribunals to Review

ICSID Review - Foreign Investment Law Journal 33 (2), 2018

27 Pages Posted: 8 Dec 2017 Last revised: 11 May 2022

See all articles by Catharine Titi

Catharine Titi

CNRS; University Paris II Panthéon-Assas

Abstract

There is little doubt that res iudicata is a general principle of law. But its application in investment treaty arbitration remains varied. A recent fracture in the case law of investment tribunals concerns the apparent dilemma of the res iudicata effect, if any, of interlocutory, i.e. pre-award, decisions rendered under the ICSID Convention. The article explores res iudicata and its scope in light of the formal distinction between awards and decisions under the ICSID Convention. It engages critically with the relevant case law and argues that, in contrast to awards, decisions do not carry res iudicata effect. But the absence of res iudicata does not mean that the reopening of a decision is always justified and special regard must be had to the specific circumstances.

Keywords: Res Iudicata, Res Judicata, Provisional Decisions, ICSID Convention

JEL Classification: F02, F13, F21, F53, K41, K39, K40, K10, K33, K49, K12, K19, K20, K29, H70, E22, H87, F50, F52

Suggested Citation

Titi, Catharine, Res Iudicata and Interlocutory Decisions under the ICSID Convention: Antinomies over the Power of Tribunals to Review. ICSID Review - Foreign Investment Law Journal 33 (2), 2018 , Available at SSRN: https://ssrn.com/abstract=3082148 or http://dx.doi.org/10.2139/ssrn.3082148

University Paris II Panthéon-Assas ( email )

CERSA, 12 place du Panthéon
Paris, 75005
France

HOME PAGE: http://catharinetiti.com

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