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The Legal Implications of Nationalisation, or Expropriation, regarding Foreign Owned Properties in International Law

ByFarrukh Khan

Although contemporary and customary international law provide for the right for compensation to those foreign investors whose assets have been nationalised or expropriated by a host country, it has been noticed that the practical working of the law can be somewhat disheartening. Suddenness and speed are often the characteristics of confiscatory measures and orderly preparation of legislation is only rarely resorted to. Bilateral investment treaties have made some difference, but international investments are still full of political risks that should be carefully considered and the international arena is a field for the larger commercial players. A discussion of the legal implications of nationalisation or expropriation of the property of foreign investors has been presented in this write up and this should be of interest to all those with an interest in international law and business.

Details

Publication Date
Oct 1, 2011
Language
English
Category
Business & Economics
Copyright
All Rights Reserved - Standard Copyright License
Contributors
By (author): Farrukh Khan

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Format
PDF

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