The Panama Canal. One of the biggest and most controversial US investments in Panama.
Guest post by Ivan Stepanov*
The relationship between intellectual property (IP) and international investment law is no longer at the fringe of the disciplines. The Philip Morris and Eli Lilly cases brought the uneasy relationship to the attention of a wider audience. The reason the cases rose to prominence was their intrinsic relationship with issues related to public health. Although not so apparent, both cases likewise contributed immensely in a jurisprudential manner, clarifying how IP will be treated in international investment law and arbitration. Following in their footsteps is Bridgestone v. Panama. Seemingly not immediately impactful, Bridgestone v. Panama brings us some novelties that can set the discourse for future IP investment cases.