Why a Student Moot Competition on International Investment Protection Law?
The Frankfurt Investment Arbitration Moot Court is the international student competition focusing on investment protection. The students present their arguments orally before tribunals of arbitration compose of investment treaty specialists.
The law on foreign investment protection is presently the most innovative, fastest developing and intellectually challenging branch of international law with high practical relevance. The number of investment disputes before international arbitral tribunals has increased significantly over the last decades and reflects the notable preferences of the international business community for resolving international investment disputes.
Investment protection forms an integral part of international economic law and opens up many interesting international professional perspectives for law students and young practitioners. Participation in a student moot competition strongly enhances knowledge of international investment protection law and its dispute resolution mechanisms through their application to a concrete case problem and trains law students in alternative methods and tools of dispute resolution potentially required in their future careers.
How is the Frankfurt Investment Arbitration Moot Court Competition structured?
The competition involves a dispute (“Case Study”) arising out of international investment protection law and provisions of a Bilateral Investment Treaty (BIT) and will be available in September 2015.
The focus of the moot court will be on oral presentation before an arbitral tribunal. Participants will therefore not need to prepare full written memorials, but only skeleton arguments outlining the arguments for both claimant and respondent.
The skeleton arguments will be submitted to the Wilhelm Merton Centre and will be exchanged with the opposing team one hour before each hearing. The hearings will be held at the University of Frankfurt am Main and the Frankfurt am Main Chamber of Commerce and Industry (CCI).
The Wilhelm Merton Centre for European Integration and International Economic Order of Johann Wolfgang Goethe University, Frankfurt am Main, aims at enhancing research and education in the field of, inter alia, international economic law. The Centre seeks to achieve this goal through cooperation with partners located in the Frankfurt am Main area.
The moot court final will take place at the premises of the Frankfurt am Main Chamber of Commerce and Industry. The Frankfurt am Main Chamber of Commerce and Industry and the DIS are joint venture partners of the Frankfurt International Arbitration Center (FIAC). The FIAC makes available hearing rooms and other services for arbitration and mediation (ad hoc and institutional). Under a cooperation agreement between ICSID and DIS under Article 63 lit. a) of the Washington Convention, ICSID conciliation and arbitration proceedings may be held at the FIAC, if the parties so agree.