Correlations: Investment Dispute Arbitration and Investment Insurance
Article from: OGEL 2 (2005), in Cases & Commentaries
Thomas W. Wälde:
I recently participated in the German forum for investment arbitration. A very interesting question was posed: Why are there so few investment disputes by German companies which, after all, the major international export-trading companies? Apart from the usual reasons (lack of relative familiarity of companies and lawyers), a very interesting explanation emerged from the discussion: German companies take out political risk insurance from a government agency. In case the insured risk materialises, that agency takes over the claim and it becomes an official debt of the ...