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https://i126.fastpic.org/big/2025/0929/d0/308e92cc7991f8141f5f3426f986f7d0.avif
English | September 26, 2025 | ASIN: B0FST9JS54 | 161 pages| Epub PDF (True) | 9 MB

How much legal discretion do arbitrators truly have in investment treaty arbitration? Iura novit curia - literally "the judge knows the law" - is a well-established procedural principle across various legal systems, empowering and/or requiring adjudicators to ascertain and apply the law independently, even beyond the arguments presented by the parties. Yet, its specific role in investment treaty arbitration remains largely unexplored. This book presents a comprehensive and in-depth examination of iura novit curia in investment treaty arbitration. Against the backdrop of ongoing global reforms of the international investment protection regime, the principle holds the potential to enhance accurate decision-making and reinforce the substantive equality of arms between parties. The book traces the historical development of iura novit curia, from Roman law to contemporary civil and common-law procedures, providing a comparative foundation for its modern application. It then examines how international courts and tribunals allocate responsibility for legal ascertainment, exploring its role in public international law and international commercial arbitration.
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