Resumen

HUGUES ARTHUR, Juan Pablo. The Legal Value of Prior Steps to Arbitration in International Law of Foreign Investment: Two (Different?) Approaches, One Outcome. Anu. Mex. Der. Inter [online]. 2015, vol.15, pp.449-491. ISSN 1870-4654.

The present article proposes two different approaches to determine whether the failure to comply with prior steps to arbitration -negotiations or domestic litigation for a period of time- is a matter pertaining to the admissibility of a claim, jurisdiction or seisin of a tribunal. Under the first approach, the non-compliance with the prior steps represent an implicit rejection of the arbitration offer made by the host State and thus their legal value is jurisdictional strictu sensu. Under the second approach, the legal value of the prior steps is that they constitute prerequisite conditions for the seisin of a tribunal. Under either approach, the juridical outcome proposed by this article is that a tribunal may not address the merits of the case submitted.

Palabras llave : jurisdiction of international tribunals; admissibility of claims; seisin of international tribunals; international law of foreign investment; investment arbitration; settlement of international disputes; interpretation of treaties.

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