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Isds Legal Ethics

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As a central topic in the current ISDS’s debate is legal ethics. As stated by Geoffrey & Hazard (1991) in their paper The future of legal ethics “…dissatisfaction with lawyers and arbitrators is a chronic grievance, and inspires periodic calls for reform...” the same as what is claimed by them all areas of law are concerned with ethics. With a more visible importance in the international sphere, ISDS procedures are being observed and analysed from an ethical and moral perspective due to their transcendental position in the continuous economic development of the whole globe. In the case of ISDS ethics, this refers not just to arbitrator’s performance and decision-making procedures, but also to investors conduct towards the society in general.

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