Reliance Based Remedies at ICSID
Northwestern Journal of International Law and Business, Vol. 29, pp. 101-122, Winter 2009
30 Pages Posted: 21 Feb 2010 Last revised: 8 Jun 2014
Date Written: 2009
Examines situations in which the International Centre for the Settlement of Investment Disputes has awarded damages for the cost of the investment, which may be compared to the contract law concept of reliance damages. Notes that this measure of damages is often used where lost profits are difficult to calculate because of the speculative nature of the future investment.
Keywords: Investment, Remedies, Arbitration, ICSID
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