The European Commission on Wednesday (16 September) unveiled plans to let firms challenge government decisions in a special court as part of a larger free trade pact with the US.
Its proposal says the “investment court system”, to be set up jointly with the United States, would be presided by a panel of 15 judges and include an arbitration tribunal.
The introduction of judges and arbitration marks a change from the alternative model, the much-loathed ISDS (investor-to-state disput...
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