Background Papers on Annulment

ICSID's Background Paper on Annulment provides a comprehensive assessment of the annulment remedy in the ICSID Convention. 

First published in 2012—and now in its third edition—ICSID’s Background Paper on Annulment surveys the drafting history of the ICSID Convention’s provisions on annulment, details how the annulment process works in practice, and draws from over fifty years of data to highlight trends in annulment proceedings. An application for annulment is one of a discrete set of post-award remedies available to parties in ICSID Convention proceedings. It is an extraordinary recourse intended to uphold fundamental legal principles in ICSID procedures.