Seyed Ghasem Zamani; vahid bazzar
Abstract
In international investment law, the investor's negligence is considered to be a factor which affects the determination the amount of reparation. Thus, if a causal relationship is established between the investor's conduct and the damage, the amount of claimable damage will be reduced in accordance with ...
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In international investment law, the investor's negligence is considered to be a factor which affects the determination the amount of reparation. Thus, if a causal relationship is established between the investor's conduct and the damage, the amount of claimable damage will be reduced in accordance with the role of the investor in the damage. This rule, which can always be used against the respondent, is concerned with the determination of the amount of reparation after assuming responsibility. The duty to mitigation as one of the aspects of "injured party’s negligence" refers to a situation in which an investor refuses to prevent extension of damage after creation of damage and despite its ability. The proof of the investor's negligence is, contrary to the current procedures, with the defendant. It does not affect the jurisdiction of the arbitration tribunal or the responsibility of the host state and can only lead to a reduction in the amount of reparation. Third party participation or force majeure in creation of the damage cannot be the basis for applying the "injured party’s negligence" rule. This is also the case when the international community is considered to be an injured party or when the investor's negligence is the sole cause of damage.
Ali Moghaddam Abrishami; Masoud Mahboub
Abstract
Abstract The role of courts in international arbitration can scarcely be denied. Courts play a crucial role in different stages in international arbitration. Having said that, the extent of courts' intervention in international arbitration has been subject to controversy. National arbitration laws have ...
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Abstract The role of courts in international arbitration can scarcely be denied. Courts play a crucial role in different stages in international arbitration. Having said that, the extent of courts' intervention in international arbitration has been subject to controversy. National arbitration laws have taken different views in this regard. In some countries, courts have a supportive role; however, others have interventionist approach. In Iran, a Comprehensive Draft Bill on Arbitration was recently adopted in order to be presented to the parliament for ratification. It applies to both domestic and international arbitration as a result of making a distinction between international and national arbitration. This article aims to conduct a critical assessment on the Draft Bill by considering modern arbitration rules. It concludes that the Draft Bill is based more on an interventionist approach than the supportive one. Keywords: International arbitration, Arbitration law, Iranian arbitration law, Role of court, Arbitration Draft Bill Keywords: International arbitration, Arbitration law, Iranian arbitration law, Role of court, Arbitration Draft Bill Keywords: International arbitration, Arbitration law, Iranian arbitration law, Role of court, Arbitration Draft Bill Keywords: International arbitration, Arbitration law, Iranian arbitration law, Role of court, Arbitration Draft Bill