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BITS BATs and Buts - Reflections on International Arbitration

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Wilmer Cutler Pickering Hale and Dorr LLP - International Arbitration Library

On April 16, 2014, Bok Professor Gary Born returned to the University of Pennsylvania Law School for a talk on some of the latest developments in the field of international arbitration. Specifically, his lecture outlined a new form of international dispute resolution—"bilateral arbitration treaties" (or "BATs")—which would provide for the resolution of international commercial disputes by arbitration. Professor Born placed the proposed BAT dispute resolution mechanism in its historical perspective, focusing in particular on parallels with bilateral investment treaties ("BITs"), and will also discuss the potential objections to his proposal ("Buts...").

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