2 Rue Saint-Florentin
75001 Paris
France
About us
Jones Day has a history of more than 125 years and a culture of client service and professionalism based on explicit shared values. These values include providing pro bono legal services, building diversity in our profession, and supporting outreach efforts around the world.
Jones Day has a long history of, and commitment to, pro bono work, public service, and community involvement in all of our locations around the world. Because of that commitment, pro bono and public service matters undertaken by Jones Day are provided the same level of attention and professional dedication that we provide to matters undertaken on behalf of paying clients.
At Jones Day you’ll see lawyers from diverse backgrounds leading client engagements, practice groups, and offices around the world. We are committed to recruiting, retaining and advancing highly qualified diverse lawyers and have set priorities in entry level recruitment, lateral recruitment, development and retention of minority and female lawyers, and diversity mentoring, training and awareness.
The Jones Day Foundation, established in 1987, is a nonprofit organization funded by Jones Day’s lawyers and staff. The Foundation’s mission is to financially support efforts that include promoting the rule of law in developing countries, fostering innovation in academics, medicine and the arts, improving the living conditions and economic opportunities for people in impoverished settings (particularly children and women), and providing support and comfort to people suffering from natural and other disasters around the world.
Host Speakers
Jean Pierre HARB
Partner
Jones Day
Claire PAULY
Partner
Jones Day
Victoria CADIZ
Senior Associate
Jones Day
Thomas DAUVILLIER
Senior Associate
Jones Day
Guest Speakers
Michel Jacques THIRION
Senior Legal Counsel Litigations
TotalEnergies SE
TJ AUNER
Partner
Jones Day
William TAYLOR
Partner
Jones Day
Daniel MCMILLAN
Partner
Jones Day
Patrick HEBREARD
Partner - Forensic Accounting & Commercial Damages
HKA Global Ltd
Lilian LARRIBèRE
Professor
Université Paris Nanterre
Yann SCHNELLER
Founding Partner
Darci
Our PAW Events
Current edition
Monday 23 March 2026
10:30 - 12:30
Managing Risk, Strategy, and the Future: Construction Arbitration with a Transatlantic Lens
Sign up
Tuesday 24 March 2026
08:30 - 10:30
Un défendeur averti en vaut deux - Anticiper les stratégies d'exécution à l'international
Sign up
Previous editions
Wednesday 09 April 2025
14:30 - 16:30
The Asset Trail: Preventive and Enforcement strategies in the Middle East and Asia-Pacific
Sign up
Tuesday 08 April 2025
10:30 - 12:30
Compensation of environmental damages / La réparation du préjudice environnemental
Sign up
Thursday 30 March 2023
10:30 - 12:30
Immunités et gel des avoirs devant les juridictions françaises, état des lieux et perspectives
Sign up
Tuesday 28 March 2023
10:30 - 12:30
Resource Nationalism in Investor-State Arbitration
Sign up
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<div class="fullname mt-4 mb-1">Daniel MCMILLAN</div>\n
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<div class="fullname mt-4 mb-1">Patrick HEBREARD</div>\n
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Mar.\n
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Managing Risk, Strategy, and the Future: Construction Arbitration with a Transatlantic Lens\n
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IN PERSON\n
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Monday <b>23</b> March 2026\n
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10:30 - 12:30\n
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</div>\n
<div class="title">Managing Risk, Strategy, and the Future: Construction Arbitration with a Transatlantic Lens</div>\n
<div class="my-3">\n
<div class="partner">Jones Day</div>\n
</div>\n
<div class="is-flex mb-3">\n
<span class="is-flex mr-5">\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
</span>\n
\n
</div>\n
<div class="event-address">\n
<span>\n
2 Rue SAINT-FLORENTIN\n
75001\n
PARIS\n
</span>\n
<a href="https://www.google.com/maps/search/?api=1&query=2++Rue+SAINT-FLORENTIN,75001,PARIS" target="_blank" class="address-link button is-style-secondary mt-2">\n
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<i class="paw-icon-arrow"></i>\n
</span>\n
</a>\n
</div>\n
\n
\n
</div> <div \n
class="item event "\n
data-id="41204"\n
data-partner="["606"]"\n
data-speakers="["154","15551","8036","13507"]"\n
data-themes="[41]"\n
data-regions="[65]"\n
data-format="in_person"\n
data-schedule="morning"\n
data-category="academic"\n
data-date="2026-03-24"\n
data-hours="08:30 - 10:30"\n
data-video=""\n
data-pictures=""\n
data-publication=""\n
data-geoloc="48.8666583,2.3237891"\n
> <div class="inside" data-id="41204">\n
<div class="event-date">\n
<span class="day">\n
Tue. <b>24</b>\n
Mar.\n
</span>\n
<span class="year">2026</span>\n
</div>\n
<div class="event-details">\n
<a href="https://parisarbitrationweek.preprod.online/event/jones-day-2026-41204/" class="event-title">\n
Un défendeur averti en vaut deux - Anticiper les stratégies d'exécution à l'international\n
</a>\n
<div class="event-partners">\n
<a href="https://parisarbitrationweek.preprod.online/partner/jones-day/" class="partner">Jones Day</a>\n
</div>\n
<div class="event-themes">\n
<span class="theme">#Arbitration related domestic litigation</span>\n
<span class="region">#World</span>\n
</div>\n
</div>\n
<div class="event-metas">\n
\n
\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
\n
</div>\n
\n
<div class="event-ressources">\n
<span class="closed">CLOSED</span>\n
</div>\n
</div>\n
\n
\n
<div class="map-det is-hidden">\n
<div class="date">\n
<div class="day">\n
Tuesday <b>24</b> March 2026\n
</div>\n
<div class="hours my-3">\n
08:30 - 10:30\n
</div>\n
</div>\n
<div class="title">Un défendeur averti en vaut deux - Anticiper les stratégies d'exécution à l'international</div>\n
<div class="my-3">\n
<div class="partner">Jones Day</div>\n
</div>\n
<div class="is-flex mb-3">\n
<span class="is-flex mr-5">\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
</span>\n
\n
</div>\n
<div class="event-address">\n
<span>\n
2 Rue SAINT-FLORENTIN\n
75001\n
PARIS\n
</span>\n
<a href="https://www.google.com/maps/search/?api=1&query=2++Rue+SAINT-FLORENTIN,75001,PARIS" target="_blank" class="address-link button is-style-secondary mt-2">\n
<span>How to get there</span>\n
</a>\n
</div>\n
<a href="https://parisarbitrationweek.preprod.online/event/jones-day-2026-41204/" class="button is-style-primary mt-5">\n
<span>Sign up\n
<i class="paw-icon-arrow"></i>\n
</span>\n
</a>\n
</div>\n
\n
\n
</div> </section>\n
\n
<section class="events period-previous">\n
<h4>Previous editions</h4>\n
<div \n
class="item event "\n
data-id="39684"\n
data-partner="["606"]"\n
data-speakers="["1154","10172","10173","2636","10174","11278","11279","11285"]"\n
data-themes="[41,27]"\n
data-regions="[65]"\n
data-format="in_person"\n
data-schedule="afternoon"\n
data-category="academic"\n
data-date="2025-04-09"\n
data-hours="14:30 - 16:30"\n
data-video=""\n
data-pictures=""\n
data-publication=""\n
data-geoloc="48.8667086,2.3237925"\n
> <div class="inside" data-id="39684">\n
<div class="event-date">\n
<span class="day">\n
Wed. <b>09</b>\n
Apr.\n
</span>\n
<span class="year">2025</span>\n
</div>\n
<div class="event-details">\n
<a href="https://parisarbitrationweek.preprod.online/event/jones-day-2025-39684/" class="event-title">\n
The Asset Trail: Preventive and Enforcement strategies in the Middle East and Asia-Pacific\n
</a>\n
<div class="event-partners">\n
<a href="https://parisarbitrationweek.preprod.online/partner/jones-day/" class="partner">Jones Day</a>\n
</div>\n
<div class="event-themes">\n
<span class="theme">#Arbitration related domestic litigation</span>\n
<span class="theme">#Commercial arbitration</span>\n
<span class="region">#World</span>\n
</div>\n
</div>\n
<div class="event-metas">\n
\n
\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
\n
</div>\n
\n
<div class="event-ressources">\n
<span class="closed">CLOSED</span>\n
</div>\n
</div>\n
\n
\n
<div class="map-det is-hidden">\n
<div class="date">\n
<div class="day">\n
Wednesday <b>09</b> April 2025\n
</div>\n
<div class="hours my-3">\n
14:30 - 16:30\n
</div>\n
</div>\n
<div class="title">The Asset Trail: Preventive and Enforcement strategies in the Middle East and Asia-Pacific</div>\n
<div class="my-3">\n
<div class="partner">Jones Day</div>\n
</div>\n
<div class="is-flex mb-3">\n
<span class="is-flex mr-5">\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
</span>\n
\n
</div>\n
<div class="event-address">\n
<span>\n
2 rue Saint-Florentin\n
75001\n
Paris\n
</span>\n
<a href="https://www.google.com/maps/search/?api=1&query=2+rue+Saint-Florentin,75001,Paris" target="_blank" class="address-link button is-style-secondary mt-2">\n
<span>How to get there</span>\n
</a>\n
</div>\n
<a href="https://parisarbitrationweek.preprod.online/event/jones-day-2025-39684/" class="button is-style-primary mt-5">\n
<span>Sign up\n
<i class="paw-icon-arrow"></i>\n
</span>\n
</a>\n
</div>\n
\n
\n
</div> <div \n
class="item event "\n
data-id="39440"\n
data-partner="["606"]"\n
data-speakers="["9947","9962","154","10084","4304","606","10085","10086"]"\n
data-themes="[27,26]"\n
data-regions="[65]"\n
data-format="in_person"\n
data-schedule="morning"\n
data-category="academic"\n
data-date="2025-04-08"\n
data-hours="10:30 - 12:30"\n
data-video=""\n
data-pictures=""\n
data-publication=""\n
data-geoloc="48.8667086,2.3237925"\n
> <div class="inside" data-id="39440">\n
<div class="event-date">\n
<span class="day">\n
Tue. <b>08</b>\n
Apr.\n
</span>\n
<span class="year">2025</span>\n
</div>\n
<div class="event-details">\n
<a href="https://parisarbitrationweek.preprod.online/event/compensation-of-environmental-damages-la-reparation-du-prejudice-environnemental/" class="event-title">\n
Compensation of environmental damages / La réparation du préjudice environnemental\n
</a>\n
<div class="event-partners">\n
<a href="https://parisarbitrationweek.preprod.online/partner/jones-day/" class="partner">Jones Day</a>\n
</div>\n
<div class="event-themes">\n
<span class="theme">#Commercial arbitration</span>\n
<span class="theme">#Investment arbitration</span>\n
<span class="region">#World</span>\n
</div>\n
</div>\n
<div class="event-metas">\n
\n
\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
\n
</div>\n
\n
<div class="event-ressources">\n
<span class="closed">CLOSED</span>\n
</div>\n
</div>\n
\n
\n
<div class="map-det is-hidden">\n
<div class="date">\n
<div class="day">\n
Tuesday <b>08</b> April 2025\n
</div>\n
<div class="hours my-3">\n
10:30 - 12:30\n
</div>\n
</div>\n
<div class="title">Compensation of environmental damages / La réparation du préjudice environnemental</div>\n
<div class="my-3">\n
<div class="partner">Jones Day</div>\n
</div>\n
<div class="is-flex mb-3">\n
<span class="is-flex mr-5">\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
</span>\n
\n
</div>\n
<div class="event-address">\n
<span>\n
2 rue Saint-Florentin\n
75001\n
Paris\n
</span>\n
<a href="https://www.google.com/maps/search/?api=1&query=2+rue+Saint-Florentin,75001,Paris" target="_blank" class="address-link button is-style-secondary mt-2">\n
<span>How to get there</span>\n
</a>\n
</div>\n
<a href="https://parisarbitrationweek.preprod.online/event/compensation-of-environmental-damages-la-reparation-du-prejudice-environnemental/" class="button is-style-primary mt-5">\n
<span>Sign up\n
<i class="paw-icon-arrow"></i>\n
</span>\n
</a>\n
</div>\n
\n
\n
</div> <div \n
class="item event "\n
data-id="13425"\n
data-partner="["606"]"\n
data-speakers="["1154","6130","1704","9487","3056","5968"]"\n
data-themes="[8]"\n
data-regions="[33,62,65]"\n
data-format="in_person"\n
data-schedule="morning"\n
data-category="academic"\n
data-date="2024-03-20"\n
data-hours="08:30 - 10:30"\n
data-video=""\n
data-pictures=""\n
data-publication=""\n
> <div class="inside" data-id="13425">\n
<div class="event-date">\n
<span class="day">\n
Wed. <b>20</b>\n
Mar.\n
</span>\n
<span class="year">2024</span>\n
</div>\n
<div class="event-details">\n
<a href="https://parisarbitrationweek.preprod.online/event/construction-disputes-panel-networking-breakfast-precise-title-tbc/" class="event-title">\n
It Didn’t Have to End This Way: Termination and Repudiation of Construction Contracts - Networking Breakfast\n
</a>\n
<div class="event-partners">\n
<a href="https://parisarbitrationweek.preprod.online/partner/jones-day/" class="partner">Jones Day</a>\n
</div>\n
<div class="event-themes">\n
<span class="theme">#Construction</span>\n
<span class="region">#Europe</span>\n
<span class="region">#Oceania</span>\n
<span class="region">#World</span>\n
</div>\n
</div>\n
<div class="event-metas">\n
\n
\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
\n
</div>\n
\n
<div class="event-ressources">\n
<span class="closed">CLOSED</span>\n
</div>\n
</div>\n
\n
\n
\n
\n
</div> <div \n
class="item event "\n
data-id="13424"\n
data-partner="["606"]"\n
data-speakers="["154","1154","5362","285","970","6491","1529"]"\n
data-themes="[41,26]"\n
data-regions="[65]"\n
data-format="in_person"\n
data-schedule="morning"\n
data-category="academic"\n
data-date="2024-03-19"\n
data-hours="10:30 - 12:30"\n
data-video=""\n
data-pictures=""\n
data-publication=""\n
> <div class="inside" data-id="13424">\n
<div class="event-date">\n
<span class="day">\n
Tue. <b>19</b>\n
Mar.\n
</span>\n
<span class="year">2024</span>\n
</div>\n
<div class="event-details">\n
<a href="https://parisarbitrationweek.preprod.online/event/the-interaction-between-quantum-and-ratione-temporis-issues/" class="event-title">\n
Bilingual Event / The interaction between the merits of the case and ratione temporis issues\n
</a>\n
<div class="event-partners">\n
<a href="https://parisarbitrationweek.preprod.online/partner/jones-day/" class="partner">Jones Day</a>\n
</div>\n
<div class="event-themes">\n
<span class="theme">#Arbitration related domestic litigation</span>\n
<span class="theme">#Investment arbitration</span>\n
<span class="region">#World</span>\n
</div>\n
</div>\n
<div class="event-metas">\n
\n
\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="15.036" height="7.786" viewBox="0 0 15.036 7.786">\r\n
<path d="M7.708,7.328a.269.269,0,0,1,0,.38L.459,14.957A.269.269,0,0,1,0,14.767V.269A.269.269,0,0,1,.459.079Z" transform="translate(15.036) rotate(90)" fill="currentColor"/>\r\n
</svg>\r\n
\n
IN PERSON\n
</div>\n
</div>\n
\n
</div>\n
\n
<div class="event-ressources">\n
<span class="closed">CLOSED</span>\n
</div>\n
</div>\n
\n
\n
\n
\n
</div> <div \n
class="item event "\n
data-id="3204"\n
data-partner="["606"]"\n
data-speakers="["154","285","286","287"]"\n
data-themes="[41]"\n
data-regions="[33]"\n
data-format="hybrid"\n
data-schedule="morning"\n
data-category="academic"\n
data-date="2023-03-30"\n
data-hours="10:30 - 12:30"\n
data-video=""\n
data-pictures="1"\n
data-publication="1"\n
data-geoloc="48.8666215,2.3237169"\n
> <div class="inside" data-id="3204">\n
<div class="event-date">\n
<span class="day">\n
Thu. <b>30</b>\n
Mar.\n
</span>\n
<span class="year">2023</span>\n
</div>\n
<div class="event-details">\n
<a href="https://parisarbitrationweek.preprod.online/event/recent-french-law-developments-on-sovereign-immunities-from-enforcement/" class="event-title">\n
Immunités et gel des avoirs devant les juridictions françaises, état des lieux et perspectives\n
</a>\n
<div class="event-partners">\n
<a href="https://parisarbitrationweek.preprod.online/partner/jones-day/" class="partner">Jones Day</a>\n
</div>\n
<div class="event-themes">\n
<span class="theme">#Arbitration related domestic litigation</span>\n
<span class="region">#Europe</span>\n
</div>\n
</div>\n
<div class="event-metas">\n
\n
\n
<div class="event-format">\n
<div class="term">\n
<svg xmlns="http://www.w3.org/2000/svg" width="18.963" height="15.282" viewBox="0 0 18.963 15.282">\r\n
<g transform="translate(0 0)">\r\n
<path d="M6.622,6.3a.231.231,0,0,1,0,.327L.394,12.85A.231.231,0,0,1,0,12.687V.232A.231.231,0,0,1,.394.068Z" transform="translate(12.918 8.592) rotate(90)" fill="currentColor"/>\r\n
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</g>\r\n
</svg>\r\n
\n
HYBRID\n
</div>\n
</div>\n
\n
</div>\n
\n
<div class="event-ressources">\n
<span class="media-available">Media available</span>\n
<div class="medias">\n
<span class="media-document">\n
<span data-tooltip="Publication">\n
<svg xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" width="20.714" height="24.046" viewBox="0 0 20.714 24.046">\r\n
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<span class="media-photos">\n
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Resource Nationalism in Investor-State Arbitration\n
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Jones Day will host a panel discussion between environmental-law specialists, in-house counsel, damages experts and professors to discuss their experience and ideas in relation to the compensation of environmental damages.\r\n
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The panel will discuss contested terminations because of:\r\n
\r\n
•\tUnprecedented pipeline of construction work (mega projects);\r\n
•\tEconomic pressures (global and local);\r\n
•\tOngoing labour shortages and supply chain disruptions;\r\n
•\tParties having to resort to the “nuclear” option.\r\n
\r\n
The panel will be composed of common lawyers and civil lawyers discussing the different approaches in their systems of law, together with clients discussing their recommendations on the topics addressed.
"""
+post_title: "It Didn’t Have to End This Way: Termination and Repudiation of Construction Contracts - Networking Breakfast"
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This event will be divided in two panels:\r\n
\r\n
- a first panel in FRENCH (10h30-11h30), with Professor Sophie Lemaire and Jérôme Ortscheidt (special counsel before the Supreme Court) to discuss the French courts' approach on ratione temporis issues in investment arbitration, in the context of annulment proceedings; and\r\n
\r\n
- a second panel in ENGLISH (11h30-12h30), with two experts debating in the form of an "Oxford Debate" on the possibility to take into account past acts or facts in the quantification of damages.\r\n
\r\n
Non-French speakers are of course free to attend only the second panel held in English.\r\n
\r\n
We look forward to welcoming you soon!
"""
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L'équipe arbitrage de Jones Day est heureuse de vous convier à cet évènement en langue française sur les développements jurisprudentiels récents et attendus en matière d'immunités et de gel des avoirs devant les juridictions françaises.\n
\n
Le panel sera composé de Madame le Professeur Kamalia Mehtiyeva (Professeur à l'Université de Paris Est Créteil), Jérôme Ortscheidt, Avocat aux Conseils et Jacques-Alexandre Genêt, associé fondateur du cabinet Archipel. Le panel sera modéré par Claire Pauly, Of counsel du bureau de Paris.
"""
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Over the past century, waves of so-called “resource nationalism” affected investments made by foreign investors in emerging markets through government measures ranging from policy changes in the tax regime and repatriation of profits to, in the extreme, expropriation without compensation.\n
\n
The reasons why States have traditionally engaged in exerting political power and economic control over strategic natural resources located within their territories were numerous and multifaceted. Mexico justified the expropriation of foreign oil investments in the late 1930s by a need to manage a consolidated industry. Resource nationalism in the Pacific tuna fishing industry in the late 1980s and early 1990s was motivated by the unsatisfactory outcomes of negotiations between coastal and fishing states. An increase in the North Sea tax in 2006 by the UK government was justified by a rise in oil process, and the list of examples can continue.\n
\n
At the other end of the spectrum, deprived of their protection under negotiated instruments, foreign investors turned to the guarantees offered by international law to seek justice and relief, and a whole body of investment Treaty case law emerged. Until recently, all these were text book examples. Yet, prompted by the economic crisis in the wake of the COVID-19 pandemic, the gas and electricity shortages and the ascending inflation, resource nationalistic policies start showing teeth again in different regions in the world. How can States legitimately justify such measures and protect themselves against Treaty claims? How can investors preserve their investments and meet their legitimate expectations?\n
\n
Join us to discuss whether and why history repeats itself, what are the predictions for the investor-State arbitration, and the lessons learned from the past which will enable those concerned to navigate muddy waters.
"""
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Over the past century, waves of so-called “resource nationalism” affected investments made by foreign investors in emerging markets through government measures ranging from policy changes in the tax regime and repatriation of profits to, in the extreme, expropriation without compensation.\n
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The reasons why States have traditionally engaged in exerting political power and economic control over strategic natural resources located within their territories were numerous and multifaceted. Mexico justified the expropriation of foreign oil investments in the late 1930s by a need to manage a consolidated industry. Resource nationalism in the Pacific tuna fishing industry in the late 1980s and early 1990s was motivated by the unsatisfactory outcomes of negotiations between coastal and fishing states. An increase in the North Sea tax in 2006 by the UK government was justified by a rise in oil process, and the list of examples can continue.\n
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