{"product_id":"the-transformation-of-international-investment-law","title":"The Transformation of International Investment Law and Its Principles: Indirect Expropriation and Fair and Equitable Treatment","description":"\u003ch3\u003e\u003cstrong\u003eGüneş Ünüvar\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 9783032011091\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePublished:\u003c\/strong\u003e October 2025\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFormat:\u003c\/strong\u003e Hardcover\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eLanguage:\u003c\/strong\u003e English\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePublisher:\u003c\/strong\u003e Springer-Verlag\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eDescription\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eFair and Equitable Treatment (FET) and indirect expropriation are the two protection standards that decide most investment treaty disputes, yet their meaning has shifted substantially as arbitral tribunals and treaty drafters have responded to one another over the past two decades. Güneş Ünüvar traces that evolution, showing how state practice in \"new generation\" investment agreements has both reacted to and shaped arbitral interpretation of these standards, and argues that the field is moving toward greater clarity, specificity and balance in how investment treaties are drafted.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eKey Features\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eTracks the historical development of \"fair\" treatment of foreign investors from early customary international law through to modern arbitral practice\u003c\/li\u003e\n\u003cli\u003eAnalyses the state's dual role as sovereign and respondent party in investment treaty disputes\u003c\/li\u003e\n\u003cli\u003eSets out concrete thresholds for the FET standard as it is currently applied by tribunals\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003e\u003cstrong\u003eCoverage\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eThe book moves from the historical treatment of foreigners and their property, through the state's position as sovereign and respondent in investment disputes, indirect expropriation as a sovereign act, and the thresholds that define the Fair and Equitable Treatment principle today.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eAbout the Author\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eGüneş Ünüvar researches and writes on international investment law, with a focus on how investment treaty standards are interpreted and how that interpretation feeds back into treaty drafting practice.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eTable of Contents\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eIntroduction; What is Fair? Treatment of Foreigners and Their Property Throughout History; State as a Sovereign and a (Respondent) Party in Investment Treaty Disputes; (Indirect) Expropriation as a Sovereign Act: A Case for Balance; The Fair and Equitable Treatment Principle and Its Thresholds; Conclusion.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eWhy buy this book?\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eFET and indirect expropriation claims remain the two most litigated standards in investment arbitration, and this book gives a library or practice the clearest current account of where the case law and treaty drafting have converged — a natural companion to any investment treaty or arbitration collection.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eKeywords\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003efair and equitable treatment, FET, indirect expropriation, investment treaty arbitration, investor-state dispute settlement, treaty drafting, investment law\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eTarget Audience\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eInvestment treaty lawyers, arbitrators, legal academics in international investment law\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eGenre\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003eInternational Investment Law, Arbitration\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eQ\u0026amp;A\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eWhat are Fair and Equitable Treatment (FET) and indirect expropriation?\u003c\/strong\u003e\u003cbr\u003eThey are the two central protection standards in international investment law that most investor-state disputes turn on, and the book traces how their meaning has evolved through arbitral practice and treaty drafting.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eDoes the book cover \"new generation\" investment treaties?\u003c\/strong\u003e\u003cbr\u003eYes — it examines how recent treaty drafting practice has responded to, and shaped, arbitral interpretation of FET and expropriation.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat thresholds does the book identify for the FET standard?\u003c\/strong\u003e\u003cbr\u003eThe final chapter sets out the thresholds tribunals currently apply when assessing Fair and Equitable Treatment claims.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho is Güneş Ünüvar?\u003c\/strong\u003e\u003cbr\u003eGüneş Ünüvar is a researcher specialising in international investment law and the interpretation of investment treaty protection standards.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhere can I buy The Transformation of International Investment Law and Its Principles?\u003c\/strong\u003e\u003cbr\u003eDirectly from CLNZ Books, with worldwide delivery for university libraries, law firms and individual professionals.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003e📘 Learn more about shipping, delivery times, and returns, see our \u003ca href=\"https:\/\/clnzbooks.com\/pages\/faq-frequently-asked-questions\" style=\"color:#8B0000; text-decoration:underline; font-weight:bold;\"\u003eFAQ here\u003c\/a\u003e\u003c\/strong\u003e\u003c\/h3\u003e\n\u003ch3\u003e\u003cstrong\u003e📦 New to ordering with us? See our \u003ca href=\"https:\/\/clnzbooks.com\/pages\/how-to-order\" style=\"color:#8B0000; text-decoration:underline; font-weight:bold;\"\u003eHow to Order\u003c\/a\u003e guide for payment, shipping, and institutional order options.\u003c\/strong\u003e\u003c\/h3\u003e\n","brand":"Springer-Verlag","offers":[{"title":"Default Title","offer_id":44221619863626,"sku":"9783032011091","price":346.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0287\/7351\/5338\/files\/The_transformation.jpg?v=1789566607","url":"https:\/\/clnzbooks.com\/products\/the-transformation-of-international-investment-law","provider":"CLNZ Books ","version":"1.0","type":"link"}