Decree of the Supreme Soviet of the Lithuanian Republic "On the Procedure for Enacting the Law On Foreign Investments in the Lithuanian Republic"

1991 ◽  
Vol 17 (1) ◽  
pp. 178-179
Keyword(s):  

Significance The unprecedented move overturned President Uhuru Kenyatta’s apparently comfortable victory over Raila Odinga by 54.2% of the vote to 44.7%. The court ruled on the basis of what it said was a failure of the Independent Electoral and Boundaries Commission (IEBC) to follow the law in the transmission of the results. The court has 21 days to release a final judgment giving a detailed justification, while the IEBC must hold a fresh presidential election within 60 days. Impacts Further use of public funds for the election will exacerbate fiscal strains for the next presidency. Delays to government policy and decision-making will slow domestic and foreign investments. Although unlikely, an Odinga presidency could introduce less business-as-usual policies towards large investors.


Author(s):  
V. А. Mazurenko

The article examines the current legal mechanism for monitoring the implementation of intra-group transactions and other actions within the framework of economic concentration; the possibility of applying the appropriate procedure when exercising state control over foreign investments in strategic business companies.The analysis of regulatory legal acts and international practice allowed the author to conclude that the introduction (by analogy with the Law on the Protection of Competition) of a notification procedure for a foreign investor to make transactions with assets of a strategic business company will not correspond to the objectives of control over foreign investments. In that connection the existing preliminary control seems to be the most effective.


Author(s):  
Salacuse Jeswald W

The rapid growth in investment treaties has led to a burgeoning number of international arbitration decisions that have applied and interpreted treaty provisions in disputes between investors and states concerning their respective rights. This flurry of treaties and arbitral decisions has seen the creation of a new branch of international law - the law of investment claims. In this revised second edition, Jeswald Salacuse examines the law of international investment treaties, specifically in relation to its origins, structure, content, and effect, as well as their impact on international investors and investments, and the governments that are parties to them. Specific topics include conditions for the entry of foreign investment and general standards of treatment of foreign investments; monetary transfers; operational conditions; protection against expropriation; dispossession and compensation for losses; dispute settlement, including negotiation, arbitration, and conciliation; and judicial proceedings.


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