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    Marc Bungenberg

    Faculty of Law Saarland University Saarbrücken, Germany. Marc Bungenberg is Director of the Europa-Institut and a professor of Public Law, European Law and Public International Law at Saarland University in Germany, visiting professor at the University of Lausanne/Switzerland and member of the scientific advisory board to the International Investment Law Centre in Cologne. Marc received his doctorate in law from the University of Hannover and wrote his habilitation treatise at the Friedrich-Schiller-University Jena. He holds an LL.M. from Lausanne University. His main fields of research are European (Common Commercial Policy, public procurement and state aid law) and international economic law, particularly international investment and WTO law.Faculty of Law Saarland University Saarbrücken, Germany. Marc Bungenberg is Director of the Europa-Institut and a professor of Public Law, European Law and Public International Law at Saarland University in Germany, visiting professor at the University of Lausanne/Switzerland and member of the scientific advisory board to the International Investment Law Centre in Cologne. Marc received his doctorate in law from the University of Hannover and wrote his habilitation treatise at the Friedrich-Schiller-University Jena. He holds an LL.M. from Lausanne University. His main fields of research are European (Common Commercial Policy, public procurement and state aid law) and international economic law, particularly international investment and WTO law.

    Marc Bungenberg

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    From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court

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    From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court

    Marc BungenbergAugust Reinisch

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    Faculty of Law Saarland University Saarbrücken, Germany. Marc Bungenberg is Director of the Europa-Institut and a professor of Public Law, European Law and Public International Law at Saarland University in Germany, visiting professor at the University of Lausanne/Switzerland and member of the scientific advisory board to the International Investment Law Centre in Cologne. Marc received his doctorate in law from the University of Hannover and wrote his habilitation treatise at the Friedrich-Schiller-University Jena. He holds an LL.M. from Lausanne University. His main fields of research are European (Common Commercial Policy, public procurement and state aid law) and international economic law, particularly international investment and WTO law.

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    From Bilateral Arbitral Tribunals and Investment Courts to a Multilateral Investment Court

    This open access book considers the potential setup for a future Multilateral Investment Court (MIC). The option of an MIC was first discussed by the EU Commission in 2016 and has since been made an official element of the EU Common Commercial Policy. In 2017, UNCITRAL also decided to discuss the possibility of an MIC, and on 20 March 2018, the Council of the EU gave the EU Commission the mandate to negotiate the creation of an MIC. The “feasibility study” presented here is intended to contribute to a broader discussion on the options for a new international court specialized in investment protection. The cornerstones of such a new permanent court are a strict orientation on the rule of law, reduced costs of investment protection, transparency considerations, aspects of consistency in case law, and the effective enforceability of MIC decisions.

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