RALEIGH, N.C. – Campbell Law will host international investment arbitration professor Álvaro Pereira for a brown-bag lecture and question-and-answer session on Tuesday, April 15 at noon in room 307. The event is hosted by Campbell Law’s Community, Diversity and Student Life Committee.
Pereira, a professor at Universidad de los Andes Law School in Bogota, Colombia, will present the results of his ongoing research assessing the impact that recent International Centre for Settlement of Investment Disputes (ICSID) decisions have had on Latin American countries’ approach to foreign investment. Even though certain statistical analyses appear to have undermined as mythology the view that this dispute-settlement mechanism tends to favor investors, a growing number of countries in the region have decided to withdraw from such arbitrations, preferring to renegotiate treaties and perhaps enabling greater protection to foreign investors. Ultimately, Pereira will argue, this wave against international investment arbitration represents a risk to corporations that have operations abroad.
Pereira contends that the origin of this trend can be found in particular awards catastrophic to developing countries, particularly Argentina. In his address at Campbell Law, he will venture beyond the text of the awards, analyzing their impact on the negotiation of treaties and in the policies toward foreign investment in Latin America, considering the international relations underlying the entire system. The audience is invited to engage with the speaker during the Q&A period of this brown-bag lunch presentation.
At Universidad de los Andes Law School, Pereira has designed the course Multinational Corporations and Foreign Direct Investment. He engages an interdisciplinary approach to economic and sustainable development vis-a-vis foreign investment. A recipient of Universidad de los Andes Law School’s LL.M. and a judge of the Philip C. Jessup International Moot Court Competition in Washington, D.C., he practices in the areas of corporate, tax and investment law. This year marks his second appearance in North Carolina.
Pereira’s previous lectures include “Flaws in the Colombian Justice System” (Universidad de la Sabana, 2004), “Terrorism in Contemporary International Law” (Universidad de los Andes, 2008), “Inconsistencies Between the Exchange and Corporate Regime” (Universidad de los Andes, 2011), and “Developing Latin America: Foreign Investment or Toxic Sell-Out?” (Campbell University, 2013).
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