ARTICLE
6 February 2024

Performance Requirement Prohibitions In International Investment Agreements

SJ
Steptoe LLP

Contributor

In more than 100 years of practice, Steptoe has earned an international reputation for vigorous representation of clients before governmental agencies, successful advocacy in litigation and arbitration, and creative and practical advice in structuring business transactions. Steptoe has more than 500 lawyers and professional staff across the US, Europe and Asia.
Members of our International Arbitration practice, partner Christophe Bondy, and associates Alexandre Genest, and Michael Lee published a report in partnership with the British Institute of Comparative Law titled "Performance Requirement Prohibitions in International Investment Agreements."
United States Litigation, Mediation & Arbitration
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Members of our International Arbitration practice, partner Christophe Bondy, and associates Alexandre Genest, and Michael Lee published a report in partnership with the British Institute of Comparative Law titled "Performance Requirement Prohibitions in International Investment Agreements."

The study conducts a detailed examination over 500 International Investment Agreements signed by six States (Australia, Canada, Chile, France, India, the United States) from the 1970s onwards. In particular, it analyses the evolving trends and rationales that underpin States' treaty-drafting approaches to Performance Requirement Prohibitions (PRPs) – and the means at their disposal to narrow the scope and applicability of PRPs where necessary.

To download a copy of the report click here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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