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Arbitration & ADR

06 May 2021
Jonathan Brosseau Court of Cassation finds that a BIT's limitation period relates to admissibility, not jurisdiction

France - Freshfields Bruckhaus Deringer LLP

France's top court has reinstated an arbitration award rendered in investment treaty proceedings between a Canadian gold miner and Venezuela. The Court of Cassation accepted the argument that the limitation period for bringing a claim under the Canada-Venezuela Bilateral Investment Treaty was a question of admissibility and not of the tribunal's jurisdiction to hear the dispute. The decision has sent a signal that a narrow view of jurisdiction should be adopted when reviewing investment arbitration awards.

Authors: Jonathan Brosseau, Luiza Saldanha
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