Join us on 23 September 2024 for the highly anticipated ITA Roundtable at UNCITRAL Working Group III: Denying the Benefits of Investment Treaties: Proposals at UNCITRAL Working Group III, hosted by KNOETZL. The Roundtable will focus on Draft Provision 17 of the UNCITRAL paper A/CN.9/WG.III/WP.244 which addresses the ‘denial of benefits’ clause, allowing States to deny the protection offered to investors or investments that they did not intend to protect. While paragraph 1 of the Draft Provision is based on similar provisions in recent investment treaties, paragraph 2 generously extends the scope of the ‘denial of benefits’ clause to cover situations of third-party funding, unlawful investments, and investments resulting from, or involving, corruption and other illegal actions.

The panel of speakers Lorena Fatás Pérez (Ministerio de la Presidencia, Justicia y Relaciones con las Cortes), Professor Dr. August Reinisch (University of Vienna), Tom Sikora (ExxonMobil) and Florian Haugeneder (KNOETZL), under the moderation of Dr Crina Baltag, FCIArb, will present diverse views on the topic, including those of the States and of the foreign investors. The welcome note will be delivered by Anna Joubin-Bret (UNCITRAL) and Jurgita Petkutė (KNOETZL).

Register here (link) and don’t miss out on this incredible opportunity to share insights, network and explore collaborative solutions that will drive the next wave of developments.

Details of the event:
▪ Time: – 17:30-18:00 – Registrations
            – 18:00-19:05 – Roundtable
            – From 19:10 – Drinks
▪ Address: Herrengasse 1, A-1010, Vienna
▪ Program: link