maksimu

• Langford, Malcolm Stroud; Behn, Daniel & Usynin, Maksim (2022). The West and the Rest: Geographic Diversity and the Role of Arbitrator Nationality in Investment Arbitration. I Behn, Daniel; Fauchald, Ole Kristian & Langford, Malcolm (Red.), The Legitimacy of Investment Arbitration: Empirical Perspectives. Cambridge University Press. ISSN 9781108837583. s. 283–314. Fulltekst i vitenarkiv
• Gáspár-Szilágyi, Szilárd & Usynin, Maksim (2019). The Uneasy Relationship between Intra-EU Investment Tribunals and the Court of Justice’s Achmea Judgment. European Investment Law and Arbitration Review. ISSN 2468-7413. 4(1), s. 29–65. Fulltekst i vitenarkiv Vis sammendrag

  This paper focuses on the ways in which investment tribunals constituted under intra-EU BITs and the Energy Charter Treaty (in an intra-EU dispute) have reacted to the Court of Justice’s Achmea judgment of 6 March 2018. The first part of the paper maps out the existing intra-EU arbitrations in which the issues arising from Achmea appear in one form or another. We then take a critical look at how the disputing parties have used Achmea in their argumentation and how the investment tribunals have dismissed these arguments and upheld their jurisdiction. The second part of the paper is analytical. When the tribunals uphold their jurisdiction and decide on the merits, they knowingly deliver an award, which is unenforceable in the Respondent State and the entirety of the EU. By drawing parallels with decisions rendered by other international tribunals, we argue that the rendering of potentially unenforceable awards is not specific to intra-EU investment disputes. We then look at why international tribunals render potentially unenforceable awards. The third part of the paper presents several suggestions of how intra-EU investment tribunals should tackle the Achmea conundrum, either by declining their jurisdiction pursuant to judicial comity or upholding their jurisdiction but dismissing the cases as inadmissible.

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• Strain, Nicola; Lie, Runar Hilleren; Chernykh, Yuliya; John, Taylor St; Espelid, Even & Langford, Malcolm [Vis alle 19 forfattere av denne artikkelen] (2023). Compliance Politics and International Investment Disputes: A New Dataset. SSRN Electronic Journal. Fulltekst i vitenarkiv
• Usynin, Maksim (2018). Does Nationality Matter? Arbitral Background and the Universality of the International Investment Regime. Fulltekst i vitenarkiv
• Usynin, Maksim (2015). The fall of Icarus? How states attract renewable energy investment claims. Universitetet i Oslo. Fulltekst i vitenarkiv Vis sammendrag

  The thesis is focused in the new type of claims in international investment law – claims concerning the revocation of incentive schemes in the photovoltaic (PV) solar sector. The general research question of this work is an inquiry why countries succeed and fail in their renewable policies (RE) judging by the amount of investment disputes against them. The interaction between the EU and Member States concerning RE policies has both political and legal dimensions. The political dimension includes several unsuccessful attempts of harmonization of support schemes. The legal dimension helps to achieve this harmonization by indirect means, such as the requirement on permissible state aid. With the introduction of PV solar investment cases, this process attracted a new discussion of the viability of investment treaty arbitration (ITA) within the EU. Member States appear solely responsible for their renewable policies, promoted in the bottom-up regime from supranational level. This situation leads to the gap between supranational governance and control within the EU law, from one side, and responsibility and accountability under international investment law, from the other. The greatest risk for the EU seems to be the independence of investment tribunals, when the Commission has limited means of influence on the arbitral decision-making process. The structure of the thesis will first discuss the EU-level policies relating to the incentivization of RE among its Member States and how these policies relate to the investment treaty regime and the rise in the number of ITAs based on changes to the support schemes in the PV solar sector specifically. Second, this thesis will conduct an empirical analysis of RE policies (abridged for focus on PV solar energy) in selected EU Member States by describing the background of regulation, response to EU Directives, further growth of incentives and the current reduction of support measures. Third, and based on a policy review, the thesis will analyze which national regulatory measures have formed the basis of investment treaty claims and examine what investment protections may be further invoked by specifically concentrating on the fair and equitable treatment (FET) standard due to its universal character and growing popularity in ITA. The final section of the thesis will identify the factors arising from the different number of ITA cases against EU Member States to date and provide insights into how these cases might be resolved and how they will affect future arbitral practice as well as future policy choices on the incentivization of RE among EU Member States.

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