The Waning Popularity of Diplomatic Protection In Resolving International Investment Disputes
In a bid to impact the local economy of a State, most developed and developing countries strive to attract foreign direct investment (“FDI”) with a view to bringing new opportunities for education, technology, and culture. Investors leverage this by establishing local companies (which may most times require acquisition of properties) and carrying on businesses in […]
Legal Requirements for Foreign Direct Investment in Nigeria
Foreign Direct Investment (“FDI”) plays a pivotal role in fostering economic growth and development in nations. The concept of FDI involves a financial investment made by a company or individual from one country into another country with the intent of acquiring significant control in the foreign entity. It provides essential skills, technology advancement and financial […]
Benefits of Stabilization Clause and The Whittling Effect of Defence of Sovereign Immunity
One of the indices of a developing or a developed country is the absence or presence of foreign direct investment and foreign portfolio investment in the country. For developing countries, there will be a need to create a viable environment that will attract investments and in turn, bring substantial development to the host State. The […]
Expropriation of Investments: Are There Any Remedies for Foreign Investors?
Introduction. Assets, in their various forms, are not just sources of investments in developing and developed countries but also vulnerable to the influence of state policies. These assets, often the result of significant investments and efforts by international and multinational companies, are particularly susceptible to state policies that may be detrimental to their economic interests. […]