![Christopher DeLise, founder, CEO and CO-CIO of litigation funder Delta Capital Partners.](http://images.law.com/contrib/content/uploads/sites/378/2021/07/Christopher-DeLise-767x633.jpg)
International Arbitration is Under Fire, With Commercial Litigation Funding Also in the Crosshairs
The arbitration clauses in bilateral investment treaties that allow for investor-state arbitrations are under threat—largely because of ESG concerns. But Delta Capital Partners founder and CEO Christopher DeLise says investor-state arbitration is a successful institution and these concerns are unfounded.
July 06, 2021 at 12:30 AM
5 minute read
Investor-state dispute settlement (ISDS), central to international arbitration and a practice favored by litigation funders, has become a target of widespread disinformation campaigns.
The arbitration clauses in bilateral investment treaties that allow ISDS have begun to take heat, not just from populists and anti-corporates, but also from well-meaning pro-investment and pro-trade news outlets. Consider this headline from The Economist this past October: "How Some International Treaties Threaten the Environment," or this statement from the magazine a few years ago, centered more specifically on ISDS, which they claim "allows multinational companies to get rich at the expense ordinary people, [giving] foreign firms a special right to apply to a secretive tribunal of highly paid corporate lawyers for compensation whenever a government passes a law to, say, discourage smoking, protect the environment or prevent a nuclear catastrophe."
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