There is no comprehensive, global multilateral investment treaty. Efforts made, e.g., by OECD or WTO, to that end have not been successful.

Apart from sector-specific instruments, such as the Energy Charter Treaty, regional multilateral investment treaties, such as the Trans-Pacific Treaty, have made headlines. EU Integration itself started as a regional pact for, inter alia, cross-border investment. Time will tell whether other regions of the world will be able to unleash similar convergence through regional investment treaties.

Relevant Experience of BODENHEIMER Attorneys

Axel Benjamin Herzberg and Dr Rouven F Bodenheimer routinely advise both, investors and governments on international investment law issues. Mr Herzberg also handled a number of ISDS cases as Deputy Counsel at the Secretariat of the ICC International Court of Arbitration in Paris.

Dr Nicolas Klein worked for German Federal Constitutional Court Justice Professor Dr Andreas Paulus, himself a renowned public international law specialist who represented Germany, inter alia, before the International Court of Justice in the LaGrand case against the United States. Both, Dr Klein’s doctoral thesis and his LL.M. studies at Columbia University (New York) revolved around issues of international investment law, in particular the scope of application ratione personae of bilateral investment treaties.