Partner Yas Banifatemi (Paris-International Arbitration) has published an article, “Mapping the Future of Investment Treaty Arbitration as a System of Law—Remarks,” in American Society of International Law—Proceedings of The 103rd Annual ASIL Meeting, at 323 (January 2010). The following is an excerpt.
"Ms. Banifatemi addressed the question of whether investment treaty arbitration is a 'system of law.' If a 'system of law' is defined as a body of rules and principles through which rights and obligations are established and justice is administered, then investment treaty arbitration is certainly a system of law. However, whether investment treaty arbitration is its own system of law, a system that is autonomous and distinct from other types of international arbitration, is another question."