International Investment Dispute Awards
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CHAPTER 1
Obstacles in enforcement of ICSID awards
1.1 Introduction
As Waelde pointed out many years ago, a mere 10 per cent of disputes are actually about application and interpretation of the law; the other 90 per cent are entirely about evidence and enforcement.1 The importance of being a winner in a case is to derive benefit from the court decision or tribunal award. Otherwise, the decision or award is just a piece of paper. Thus, it is vital to effectively enforce the award rather than just win the case.