The Impact of Brexit on International Arbitration

• Autores: Ferdinando Emanuele, Milo Molfa, Rebekka Monico
• Localización: Rivista di diritto internazionale privato e processuale, ISSN 0035-6174, Vol. 55, Nº. 4, 2019, págs. 856-874
• Idioma: inglés
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• Resumen

  • This article considers the effects of the United Kingdom's withdrawal from the EU on international arbitration. In principle, Brexil will not have a significant impact on commercial arbitration, with the exception of the re-expansion of anti-suit injunctions, given that the West Tankers judgment will no longer be binding. With respect to investment arbitration, because the BITs between the United Kingdom and EU Member States will become extra-EU BITs, the Achmea judgment will no longer be applicable following Brexit. Furthermore, English courts will enforce intra EU BIT arbitration awards pursuant to the 1958 New York Convention Investment treaties between the EU and third countries will not be applicable to the United Kingdom.