We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Sovereignty Question Lingers After Philip Morris Arbitration

Law360, New York (May 31, 2016, 8:40 PM EDT) -- The Permanent Court of Arbitration's rejection of a challenge by Philip Morris to Australia's plain-packaging legislation for cigarettes does little to address the controversial issue of how much influence foreign investors may have on a state's legislative powers.

Hong Kong-based Philip Morris Asia Ltd., which is the Asian regional affiliate of the Philip Morris International group of companies, claimed in the arbitration that a 2011 law adopted by Australia imposing a sweeping ban on trademarks of any kind on cigarette packages violated its rights under a 1993 bilateral investment treaty between Hong Kong and Australia by substantially diminishing the value of...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS