The Procedural Nature of the Question of Attribution in Investment Arbitration: A Question for Jurisdiction or Merits? - BCDR International Arbitration Review View The Procedural Nature of the Question of Attribution in Investment Arbitration: A Question for Jurisdiction or Merits? by - BCDR International Arbitration Review The Procedural Nature of the Question of Attribution in Investment Arbitration: A Question for Jurisdiction or Merits? 9 2

In investment arbitration, the international law rules of “attribution” are a means to establish links between an entity (or a person) and a State. On the basis of these rules, a foreign investor may demonstrate that the acts of an entity (or person) which gave rise to a breach of an investment treaty are in fact attributable to a State. However, an analysis of decisions reveal that investor-State tribunals have been divided on the issue of whether the question of attribution is one that procedurally belongs to the jurisdictional stage, or the merits. This raises questions concerning the optimal procedural treatment of the issue of attribution in investor-State disputes, particularly since the manner in which the question is treated procedurally would have a bearing on other aspects of the dispute, such as procedural efficiency. In light of growing trends, tribunals are also likely to be faced with the question of attribution more frequently than in the past. Thus, this article revisits the various decisions and available legal literature on the issue, to ascertain whether tribunals have developed a framework that can be used to consistently address the optimal procedural treatment of the question of attribution.

BCDR International Arbitration Review