Article
Source: Legal 500 Country Comparative Guides 2026
03.11.26
Pillsbury’s International Arbitration team recently authored the United States chapter of the Legal 500 Country Comparative Guides 2026: Investment Treaty Arbitration. The chapter provides a country-specific Q&A overview of the laws and regulations governing investment treaty arbitration in the United States.
The guide examines the United States’ treaty framework, including its ratification of the International Centre for Settlement of Investment Disputes (ICSID) Convention and the New York Convention, and highlights key features of the U.S. Model Bilateral Investment Treaty (BIT), including its approach to fair and equitable treatment (FET) and full protection and security (FPS) standards, most-favored-nation (MFN) and national treatment, and expropriation. It also reviews investment agreements currently in force, recent interpretive developments and practical considerations affecting investor-state dispute settlement (ISDS), including enforcement, sovereign immunity, and emerging trends.
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