Webinar: Security for Costs in International Investment Law
This session of the IISD Webinar Series on Investment Law and Policy analyzed the importance of security for costs in the current investor-state dispute settlement (ISDS) context; the challenges that host states face in seeking these securities; elements for potential treaty reform and revised arbitral rules; jurisprudence involving security for costs; and related topics.
Security for costs refers to situations when an arbitral tribunal in an investor–state dispute settlement (ISDS) case orders an investor that has lodged a claim against a host state to put down a deposit that would cover the latter’s expected defense costs—an order that has been used rarely to date.
This session of the IISD Webinar Series on Investment Law and Policy analyzed the importance of security for costs in the current ISDS context; the challenges that host states face in seeking these securities; elements for potential treaty reform and revised arbitral rules; jurisprudence involving security for costs; and related topics.
Sarah Brewin, International Law Advisor, Agriculture and Investment, was the main speaker. The IISD Best Practices Series paper she authored on Security for Costs will be the background paper for her webinar presentation.
The Q&A session following Sarah Brewin’s expert presentation was moderated by Nathalie Bernasconi-Osterwalder, Group Director of IISD’s Economic Law and Policy program and Executive Director of IISD Europe.
The webinar was held on July 4, 2019, at 11 AM CEST on the Zoom platform for one hour. The video is available for viewing below.