《CONTRACTUAL ADAPTATION AND CONFLOICT RESOLUTION VOLUME8 MARTIN BARTELS》

Chapter 1：Introduction11

1.1. Significance of the Issues11

1.2. Methodology12

1.3. Scope12

1.4. Structure14

Chapter 2：Stabilisation Clauses15

2.1. Stabilisation of Property Rights15

2.2. Stabilisation of the Fiscal Regime16

2.3. Stabilisation of Import and Export Regulations17

2.4. Stabilisation of Foreign Exchange Regulations18

2.5. Stabilisation of the General Legal Framework19

2.6. Stabilisation of the Project Regime as a Whole21

2.7. Effectiveness of Stabilisation Clauses22

2.7.1. Criteria for Effectiveness22

2.7.2. Opinions of International Arbitral Tribunals24

Chapter 3：Automatic Adaptation27

3.1. Reduction of the Concession Area27

3.2. Suspension of Obligations Due to a Fundamental Changeof Circumstances28

3.2.1. Definition of a Fundamental Change of Circumstances28

3.2.2. Procedures and Legal Consequences32

Chapter 4：Unilateral Adaptation34

4.1. Most-Favoured Clauses34

4.2. Assignment of Rights36

4.2.1. Contractual Practice36

4.2.2. Case Study： Cerro Colorado38

4.3. Termination41

4.3.1. Grounds for Termination41

4.3.2. Procedure for Termination44

4.3.2.1. Rules of Procedure for the Investor45

4.3.2.2. Rules of Procedure for the Host Country46

4.3.3. Arrangements Concerning Plant and Machinery48

4.3.4. Application of Termination Clauses50

Chapter 5：Bilateral Adaptation： Revision51

5.1. Causes of Revision51

5.2. Revision According to Rules Unrelated to the Contract53

5.2.1. Basing a Revision on General Substantive Rules53

5.2.2. Revision According to General Rules of Procedure55

5.3. Revision According to Contractual Rules58

5.3.1. Reference to the Possibility of Revision58

5.3.2. Negotiation of Details after Conclusion of the Contract60

5.3.3. Revision in the Case of a Fundamental Change of Circum-stances62

5.3.4. Revision at Particular Points in Time65

5.3.5. Revision in the Course of Arbitration68

5.4. Revision Independent of Contractual Rules71

Chapter 6：Intervention by Third Parties77

6.1. Amicable Settlement Prior to Third Party Intervention77

6.2. Conciliation79

6.2.1. Conciliation Rules in Contracts80

6.2.2. Conciliation by Arbitration Institutions81

6.2.3. UNCITRAL Conciliation Rules85

6.2.4. Experiences in other Areas and New Perspectives87

6.3. Competence of Municipal Courts90

6.4. Arbitral Tribunals92

6.4.1. Competence of Arbitration Institutions and Ad Hoc Arbi-tral Tribunals96

6.4.2. Procedural Prerequisites and Limitations on the Scope ofJurisdiction98

6.4.3. Special Treatment of Technical and Accounting Issues101

6.4.4. Choice of Law106

6.4.4.1. Reference to Municipal Law106

6.4.4.2. Decisions Ex Aequo et Bono and Amiable Composition111

6.4.5. Defining the Arbitral Tribunal，s Decision-Making Powers115

6.4.6. Declarations Concerning the Investor，s Nationality116

6.4.7. Waiver of Diplomatic Intervention120

6.4.8. Autonomy of the Arbitration Clause and Kompetenz-Kom-petenz121

6.4.9. Determination of Procedural Law by the Arbitral Tribu-nal127

6.4.10. Application of Municipal Arbitration Law129

6.4.11. Use of Institutional Rules of Procedure Independently ofthe Institution131

6.4.12. Details of Procedural Rules - Individual Agreements andInstitutional Charters133

6.4.12.1. Initiation of Arbitration Proceedings133

6.4.12.2. Place of Arbitration140

6.4.12.3. Involvement of Several Parties143

6.4.12.4. Written and Oral Procedures149

6.4.12.5. Evidence154

6.4.12.6. Making of the Award157

6.4.12.7. Replacement of an Arbitrator or a Whole Tribunal159

6.4.12.8. Costs of Proceedings162

6.4.12.9. Legal Remedies167

6.4.12.10. Enforcement168

Conclusion and Results of the Study172

List of Cited Agreements177