Abstract
The increase in international trade and investment in recent years has brought a corresponding increase in related legal problems and this substantial work by a leading authority sets out to provide guidance in a very intricate and confusing area of law. The author is an American practitioner and formerly Senior Legal Adviser to the International Centre for the Settlement of Investment Disputes. His standpoint and interests are clearly reflected in the contents of this book. Though the level of scholarship is very high and there is a wide range of reference to authors and periodicals from many countries (including this journal), there is an ever present undertone of applied rather than pure law, replete with warnings to practitioners of the many risks they run through laxity of drafting or indiscriminate reliance on standard forms which, though they may have served well in the past, may prove a broken reed if...
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