<i>Horror Vacui</i>: Or Why Investment Treaties Should Apply to Illegally Annexed Territories
Journal: Journal of International Arbitration
Year: 2016

The 2014 Crimea crisis, in addition to issues of general international law, triggered questions relating to international investment law and arbitration. One of these is to what extent a state’s investment treaties bind that state on another state’s territory which it has put under its control by means of annexation. Starting from the assumption that annexation must not be recognized as legal, it seems necessary to adjust the application of this principle of non-recognition in the case that it u