1Mr Nolan and Mr Baldwin are, respectively, partner and associate at Milbank, Tweed, Hadley & McCloy LLP, specializing in international arbitration. Mr Kantor is a retired partner of Milbank Tweed, currently teaching at Georgetown University Law Center and serving as an arbitrator in international disputes. An earlier version of portions of this article was published in the December 2004 issue of the International Financial Law Review.
82Schreuer, supra note 9, at 1129.
83See A. F. M. Maniruzzaman, State Contracts with Aliens: the Question of Unilateral Change by the State in Contemporary International Law, 9 J. Int’l Arb 141 (No. 4, 1992).
84Riahi v Iran, Award in Case No. 485 (600-485-1), Iran-United States Claims Tribunal, February, 27, 2003.
85See Himpurna California Energy Ltd. (Bermuda) v PT (Persero) Perusuhaan Listruik Negara (Indonesia), Final Award, 14 Mealey’s Int. Arb. Rep. A-1 (1999) and Patuha Power Ltd. (Bermuda) v PT (Persero) Perusahaan Listruik Negara (Indonesia), Final Award, 14 Mealey’s Int. Arb. Rep. B-1 (1999).
1Mr Nolan and Mr Baldwin are, respectively, partner and associate at Milbank, Tweed, Hadley & McCloy LLP, specializing in international arbitration. Mr Kantor is a retired partner of Milbank Tweed, currently teaching at Georgetown University Law Center and serving as an arbitrator in international disputes. An earlier version of portions of this article was published in the December 2004 issue of the International Financial Law Review.
82Schreuer, supra note 9, at 1129.
83See A. F. M. Maniruzzaman, State Contracts with Aliens: the Question of Unilateral Change by the State in Contemporary International Law, 9 J. Int’l Arb 141 (No. 4, 1992).
84Riahi v Iran, Award in Case No. 485 (600-485-1), Iran-United States Claims Tribunal, February, 27, 2003.
85See Himpurna California Energy Ltd. (Bermuda) v PT (Persero) Perusuhaan Listruik Negara (Indonesia), Final Award, 14 Mealey’s Int. Arb. Rep. A-1 (1999) and Patuha Power Ltd. (Bermuda) v PT (Persero) Perusahaan Listruik Negara (Indonesia), Final Award, 14 Mealey’s Int. Arb. Rep. B-1 (1999).