Pre-Ιnvestment Expenditures, Defining an Investment, and a Problem of Translations: Patel Engineering v the Republic of Mozambique

Research output: Other contribution

Abstract

The Patel Engineering Limited (“PEL”) v the Republic of Mozambique tribunal, constituted under the UNCITRAL Arbitration Rules, dealt with pre-investment expenditures and whether such expenditures constitute a protected investment. Investors frequently make expenditures in the preparatory phase of an investment, such as environmental impact assessments, scientific surveys, or financial advice. This blogpost explores the application of pre-investment expenditures in this case.
Original languageEnglish
Typeblogpost
Number of pages1
Publication statusPublished - 13 Jan 2025

Keywords

  • investment arbitration
  • pre-investment expenditures
  • treaty interpretation
  • interpretation and language

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