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Armenian Bar Association Issues PSA on the Loss of Artsakh Investments


Follows Up with “Roads to Recovery” Webinar
On November 26, the Armenian Bar Association issued a public service announcement (PSA) for owners of property and businesses in the parts of Artsakh occupied by Azerbaijan. The purpose of this outreach effort is to highlight the rights and guarantees afforded under international law arising from Azerbaijan’s actions which negatively affected the property in Artsakh.  The PSA describes the international investment law and customary international law regimes that protect foreign-owned investments and property from destruction and unlawful taking by a home State.
A key pillar of the international investment law is the network of dozens of bilateral and multilateral investment protection treaties that Azerbaijan has agreed to with other sovereign States (meaning countries).  The treaties directly extend to the individuals and companies of those States the substantive and procedural guarantees described in the relevant treati ....

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