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Expert Analysis

Why Investors Are Worried About Intra-EU BITs

Law360, New York (July 29, 2015, 10:24 AM EDT) -- On June 18, 2015, the European Commission initiated infringement proceedings against five member states of the European Union for intra-EU bilateral investment treaties' (BITs) incompatibility with EU law. The infringement proceedings exert further pressure on these states (Austria, the Netherlands, Romania, Slovakia and Sweden) to terminate their intra-EU BITs. Neither the states concerned, nor the existing or potential investors likely to be affected by these proceedings are particularly content about this recent development....

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