Table of contents

  1. Front Matter
    Pages i-xiv
  2. Marc Bungenberg, August Reinisch
    Pages 1-8 Open Access
  3. Marc Bungenberg, August Reinisch
    Pages 9-15 Open Access
  4. Marc Bungenberg, August Reinisch
    Pages 17-27 Open Access
  5. Marc Bungenberg, August Reinisch
    Pages 29-115 Open Access
  6. Marc Bungenberg, August Reinisch
    Pages 117-148 Open Access
  7. Marc Bungenberg, August Reinisch
    Pages 149-154 Open Access
  8. Marc Bungenberg, August Reinisch
    Pages 155-173 Open Access
  9. Marc Bungenberg, August Reinisch
    Pages 197-216 Open Access
  10. Back Matter
    Pages 217-222

About this book


This open access book considers the potential setup for a future Multilateral Investment Court (MIC). The option of an MIC was first discussed by the EU Commission in 2016 and has since been made an official element of the EU Common Commercial Policy. In 2017, UNCITRAL also decided to discuss the possibility of an MIC, and on 20 March 2018, the Council of the EU gave the EU Commission the mandate to negotiate the creation of an MIC. The “feasibility study” presented here is intended to contribute to a broader discussion on the options for a new international court specialized in investment protection. The cornerstones of such a new permanent court are a strict orientation on the rule of law, reduced costs of investment protection, transparency considerations, aspects of consistency in case law, and the effective enforceability of MIC decisions.


Bilateral Arbitral Tribunals Investment Courts Multilateral Investment Courts Investor-State Dispute Settlement UNCITRAL Open access

Authors and affiliations

  • Marc Bungenberg
    • 1
  • August Reinisch
    • 2
  1. 1.Faculty of LawSaarland UniversitySaarbrückenGermany
  2. 2.Faculty of LawUniversity of ViennaViennaAustria

Bibliographic information

  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2020
  • License CC BY-NC-ND
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Law and Criminology
  • Print ISBN 978-3-662-59731-6
  • Online ISBN 978-3-662-59732-3
  • Series Print ISSN 2364-8392
  • Series Online ISSN 2364-8406
  • Buy this book on publisher's site
Industry Sectors
Oil, Gas & Geosciences