Jurisdiction ‘ratione personae’: State-owned enterprises before investment arbitration

DOI:  https://doi.org/10.12804/revistas.urosario.edu.co/sociojuridicos/a.10953

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Published: Jan 21, 2022
Issue: Vol. 24 No. 1 (2022): Arbitraje de inversión
Section Dossier Arbitraje de Inversión


Keywords: Investment arbitration State companies International Centre for Settlement of Investments Disputes (ICSID) Broches test Ratione personae

Main Article Content

Authors

Édgar Iván Leon Robayo
Universidad Sergio Arboleda
Valentina Botello León
Oficina de Asuntos Legales Internacionales del Ministerio de Comercio, Industria y Turismo de Colombia
Andrés Felipe Reina Arango
Universidad Externado de Colombia

Abstract

Article 25 of the ICSID Convention, by regulating the jurisdiction of the Centre, determines the subjective scope of disputes, limiting it to, exclusively, controversies taking place between a State and a national of another contracting State. Nevertheless, given the exponential growth of international public investment through state-owned companies, an interesting debate arises regarding whether it is possible for these entities to acquire ius standi before the investment arbitration tribunals. Although from the so-called “Broches test” arbitrators have allowed their appearance, it is necessary to establish adequate and precise criteria that allow clarifying the jurisdiction rationae personae of investment arbitration tribunals in disputes involving state-owned enterprises.

Author Biographies

Édgar Iván Leon Robayo, Universidad Sergio Arboleda

Abogado de la Universidad del Rosario. Posgrado en Derecho Civil de la Universidad de Salamanca (España), especialista en Derecho Comercial de la Universidad Javeriana, Magíster en Derecho Comercial de la Universidad Externado de Colombia y Doctor en Derecho Summa Cum Laude de la Universidad Alfonso X El Sabio (España). Actualmente es profesor de la Universidad Sergio Arboleda. Su participación en este artículo es resultado de investigación del API “Crisis de la justicia”, clúster: Constitución, modernización e innovación del Derecho Privado, Universidad Sergio Arboleda. edgar.leonr@usa.edu.co

Valentina Botello León, Oficina de Asuntos Legales Internacionales del Ministerio de Comercio, Industria y Turismo de Colombia

Abogada de la Universidad Externado de Colombia. Magistra en Derecho Internacional y en Derecho Internacional Público de la Universidad Paris II Panthéon-Assas (Francia). Actualmente es abogada de la Oficina de Asuntos Legales Internacionales del Ministerio de Comercio, Industria y Turismo de Colombia. vbotello@mincit.gov.co.

Andrés Felipe Reina Arango, Universidad Externado de Colombia

Estudiante de cuarto año de la Facultad de Derecho de la Universidad Externado de Colombia. Realizó un intercambio académico con enfoque en Derecho Internacional en la Facultad de Derecho de la Universidad de Johannesburgo (Sudáfrica). Actualmente se desempeña como asistente de la Dirección de Defensa Jurídica Internacional de la Agencia Nacional de Defensa Jurídica del Estado.

andres.reina@est.uexternado.edu.co.

How to Cite
Leon Robayo, Édgar I., Botello León, V. ., & Reina Arango, A. F. (2022). Jurisdiction ‘ratione personae’: State-owned enterprises before investment arbitration. Estudios Socio-Jurídicos, 24(1). https://doi.org/10.12804/revistas.urosario.edu.co/sociojuridicos/a.10953
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