The Legal Authority of International Arbitration as an Alternative Method for Resolving Investment Disputes

This paper aims to provide an understanding of the importance of arbitration as an alternative dispute resolution method. Furthermore, it presents a jurisdictional figure that transcends as a fundamental element in resolving disputes. It is important to bear in mind that there must be a prior consen...

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Bibliographic Details
Authors: Rojas Guillén, Edwin Stevan, Reyes Nicasio, Rosa María
Format: article
Status:Published version
Publication Date:2024
Country:Brasil
Institution:Universidade Federal de Goiás (UFG)
Repository:Latin American Human Rights Studies
Language:English
OAI Identifier:oai:ojs.revistas.ufg.br:article/80548
Online Access:https://revistas.ufg.br/lahrs/article/view/80548
Access Level:Open access
Keyword:International Arbitration
Conflict Resolution
International Law
Arbitraje Internacional
Resolución de Conflictos
Derecho Internacional
Description
Summary:This paper aims to provide an understanding of the importance of arbitration as an alternative dispute resolution method. Furthermore, it presents a jurisdictional figure that transcends as a fundamental element in resolving disputes. It is important to bear in mind that there must be a prior consensual agreement between the parties to resolve their differences in the event of any future breach of contract. Therefore, they would not turn to a judicial body but rather to a recognized private entity that would resolve their disputes with the same authority as a court ruling. The methodology used for this research was bibliographic and documentary research, with a particular focus on the analysis of legal norms.