Fair and Equitable Treatment

Fair and Equitable Treatment

  • Patrick Dumberry
Publisher:BRILLISBN 13: 9789004366121ISBN 10: 9004366121

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Fair and Equitable Treatment is written by Patrick Dumberry and published by BRILL. It's available with International Standard Book Number or ISBN identification 9004366121 (ISBN 10) and 9789004366121 (ISBN 13).

The fair and equitable treatment (‘FET’) standard is a type of protection found in BITs which has become in the last decades one of the most controversial provisions examined by arbitral tribunals. This book first examines the interaction between the ‘minimum standard of treatment’ (MST) and the FET standard and the question why States started referring to the former in their BITs. It also addresses the question whether the FET should be considered as an autonomous standard of protection under BITs. This book also examines the controversial proposition that the FET standard should now be considered as a rule of customary international law. I will show that while the practice of States to include FET clauses in their BITs can be considered as general, widespread and representative, it remains that it is not uniform and consistent enough for the standard to have crystallised into a customary rule. States also lack the necessary opinio juris when including the clause in their BITs.