1. Third-party funding na arbitragem contra Estados: a relativização da imunidade executória na execução da sentença arbitral contra Estados
- Author
-
Daniel Brantes Ferreira and Ana Sofia Cardoso Monteiro
- Subjects
Execução de sentença estrangeira ,media_common.quotation_subject ,Legislation ,Context (language use) ,State immunity ,Arbitragem internacional ,Solução de conflitos ,Soberania (direito constitucional) ,Promotion (rank) ,State (polity) ,Political science ,Capital asset pricing model ,Soberania ,Solução arbitral ,Princípio da imunidade de jurisdição de Estado estrangeiro ,Imunidade de execução ,media_common ,Law and economics ,Sovereign state ,Imunidade de jurisdição ,Resolução de conflitos ,Imunidade jurisdicional ,Solução de conflito ,Gestão de conflitos ,Autonomia (direito internacional) ,International arbitration ,Resolução de conflito - Abstract
The purpose of this article is to assess the risk for preventing the execution of arbitral awards made against Sovereign States due to the State’s immunity shield. Given the importance of an accurate asset pricing in the business of third-party funding (TPF), the topic entails a particular relevance to the current context of globalized litigation in light of its contribution to the promotion of TPF at the international arbitration community. After reviewing the literature on TPF, on the peculiarities of investment and commercial arbitrations against States and on the evolution of State immunity (also in terms of domestic legislation, considering the local laws passed by the United States, the United Kingdom and Australia), the article aims explore how the funder should incorporate into its risk assessment the risk of not executing awards rendered against Sovereign States.
- Published
- 2019