| The Bank for International Settlements Arbitration Awards of 2002 and 2003 Edition. Edition Contributor(s): McMahon, Belinda (Editor) |
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ISBN: 906704234X ISBN-13: 9789067042345 Publisher: T.M.C. Asser Press OUR PRICE: $104.49 Product Type: Hardcover Published: December 2007 Annotation: The Bank for International Settlements Arbitration (2002 and 2003) concerned the compensation to be paid for privately held shares recalled by the Bank for International Settlements on 8 January 2001. The issues in dispute included the lawfulness of the recall of the shares and the applicable standards for valuation of those shares, the adequacy of the amount paid by the Bank for the shares, and the amount of compensation to be paid. The Tribunal's awards contribute greatly to existing jurisprudence on matters including valuation of an expropriated asset, the award of interest, and the right to damages for breach of an arbitration agreement where one party seeks to bring a claim on the merits before a domestic court. This bilingual edition contains the awards rendered in this arbitration in both English and French, with an introduction by V. V. Veeder, who appraises the contribution of the awards to international law. |
| Additional Information |
| BISAC Categories: - Law | Arbitration, Negotiation, Mediation |
| Dewey: 347.09 |
| LCCN: 2007279976 |
| Series: Permanent Court of Arbitration/Peace Palace Papers |
| Physical Information: 1.12" H x 6.51" W x 9.6" (1.75 lbs) 407 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 1. On 20 January 1930, the Governments of Germany, Belgium, Great Britain, Italy, Japan and Switzerland concluded at The Hague, the Convention respecting the Bank for International Settlements. The Convention included the Constituent Charter and the Statutes of the Bank (hereafter the Convention, the Constituent Charter and the Statutes of the Bank will be referred to collectively as the "Constituent Instruments"). The Bank for International Settlements (hereafter the "Bank" or "BIS") was organized, by Article 1 of the Statutes, as "a Company limited by shares" and its objects, according to Article 3, were to promote the co-operation of central banks and to provide additional facilities for international financial operations; and to act as trustee or agent in regard to international financial settlements entrusted to it under agreements with the parties concerned. 2. In extending invitations to subscribe to capital in the Bank, Article 10 of the Statutes prescribed that "consideration shall be given by the Board [of Directors of the Bank] to the desirability of associating with the Bank the largest possible number of central banks." 3. The shares did not convey any rights in the governance of the Bank. |