* This post is also available at www.kluwerarbitrationblog.com (http://kluwerarbitrationblog.com/blog/2009/09/08/the-legitimate-expectations-of-the%E2%80%A6-arbitrators/#more-1074)
In modern treaties, a fair and equitable treatment standard (hereinafter “FaETS”) is to be provided to foreign investors and investments by the host state. In the past, the FaETS had been viewed as merely a sub-category of the international minimum standard. However, recent practice and international case [...]
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