{"id":5526,"date":"2017-11-21T11:16:22","date_gmt":"2017-11-21T00:16:22","guid":{"rendered":"http:\/\/disputescentre.com.au\/?p=5526"},"modified":"2022-05-11T08:55:50","modified_gmt":"2022-05-10T22:55:50","slug":"first-enforcement-investment-arbitration-award-australia","status":"publish","type":"post","link":"https:\/\/disputescentre.com.au\/first-enforcement-investment-arbitration-award-australia\/","title":{"rendered":"The First Enforcement of an Investment Arbitration Award in Australia"},"content":{"rendered":"<p>Investment treaty arbitration is being increasingly used by investors to protect their international investments. To encourage investment between the contracting states, an investment treaty will commonly confer certain minimum levels of protection on investors from one state with respect to their investments in the other. These protections are typically enforceable by the investor directly against the state party through investment arbitration.<\/p>\n<p>Earlier this year, Ashurst \u00a0updated you on recent investment treaty developments in Australia (available here: <a href=\"https:\/\/disputescentre.com.au\/recent-investment-arbitration-developments-australia\/\">https:\/\/disputescentre.com.au\/recent-investment-arbitration-developments-australia\/<\/a>). More recently, the Federal Court of Australia in Lahoud v The Democratic Republic of Congo <div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-overflow:visible;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last fusion-column-no-min-height\" style=\"--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\">[2017] FCA 982 has recognised and enforced two investment arbitration awards for the first time. This decision provides confidence that investment arbitration awards will be recognised and enforced in Australia. The Court also confirmed that awards may be enforced against a foreign state, despite foreign state immunity.<\/p>\n<p>This article discusses the reasoning behind, and the implications of, the Federal Court&#8217;s decision in Lahoud including how it demonstrates that Australia is a pro-arbitration jurisdiction in line with the objects of the International Arbitration Act 1974 (Cth).<\/p>\n<p>Read the full article <strong><a href=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/The-First-Enforcement-of-an-Investment-Arbitration-Award-in-Australia.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">HERE<\/a>\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Chenoweth-Jeremy-207015-T.jpg\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-5560\" src=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Chenoweth-Jeremy-207015-T-251x300.jpg\" alt=\"\" width=\"251\" height=\"300\" srcset=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Chenoweth-Jeremy-207015-T-251x300.jpg 251w, https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Chenoweth-Jeremy-207015-T.jpg 260w\" sizes=\"(max-width: 251px) 100vw, 251px\" \/><\/a> <a href=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Quick-Georgia-211031-T.jpg\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-5561\" src=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Quick-Georgia-211031-T-251x300.jpg\" alt=\"\" width=\"251\" height=\"300\" srcset=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Quick-Georgia-211031-T-251x300.jpg 251w, https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Quick-Georgia-211031-T.jpg 260w\" sizes=\"(max-width: 251px) 100vw, 251px\" \/><\/a> <a href=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Saunders-Matthew-301561-T.jpg\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-5562\" src=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Saunders-Matthew-301561-T-251x300.jpg\" alt=\"\" width=\"251\" height=\"300\" srcset=\"https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Saunders-Matthew-301561-T-251x300.jpg 251w, https:\/\/disputescentre.com.au\/wp-content\/uploads\/2017\/11\/Saunders-Matthew-301561-T.jpg 260w\" sizes=\"(max-width: 251px) 100vw, 251px\" \/><\/a><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment treaty arbitration is being increasingly used by investors to protect their international investments. To encourage investment between the contracting states, an investment treaty will commonly confer certain minimum levels of protection on investors from one state with respect to their investments in the other. These protections are typically enforceable by the investor directly against the state party through investment arbitration. Earlier this year, Ashurst \u00a0updated you on recent investment treaty developments in Australia (available here: https:\/\/disputescentre.com.au\/recent-investment-arbitration-developments-australia\/). More recently, the [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The First Enforcement of an Investment Arbitration Award in Australia<\/title>\n<meta name=\"description\" content=\"The First Enforcement of an Investment Arbitration Award in Australia\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/disputescentre.com.au\/first-enforcement-investment-arbitration-award-australia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The First Enforcement of an Investment 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