ICSID Highlights Transparency, Efficiency In Rule Reform

Miguel López Forastier is quoted in a Law360 article examining the International Centre for Settlement Investment Disputes' updates to its rule amendment project. According to López Forastier, “The Centre is focusing on all the critical areas that require updates to keep up with the changes and developments of the last ten years.” He adds, “The process also highlights the limits of the exercise, since some critical areas of the ICSID arbitration system that require update for the system to maintain its primacy would require an amendment of the [ICSID] Convention.”