The Faculty of Law achieved great results again at the Foreign Direct Investment International Arbitration Moot held this year in London at Kings College from October 30-November 1. The FDI Moot involves several regional qualifying competitions and then a final global round involving more than 50 law schools in London.
Victoria Broughton, Sarah Rajguru, Adam Rochwerg and Christian Steuart participated for the Faculty. After the preliminary rounds, their written and oral arguments were ranked second overall. In the subsequent elimination playoff rounds, the team eventually got knocked out in the quarter finals by an excellent team from the University of Athens that went on to be winner of the entire competition. That was the only match they lost in three days of mooting. The team won a consolation round against the University of Mainz in Germany to finish 5th in a tie with Harvard.
Coaches Anthony Daimsis and Tony VanDuzer accompanied the team to London. Professor VanDuzer remarked that “the team’s excellent result at the FDI Moot showed again that our students are capable of competing successfully with the best in the world.”
In the FDI Moot problem this year, a foreign investor had invested in several solar energy projects in another state, relying on commitments by the state to pay a fixed feed-in tariff for electricity produced by the projects for 12 years. When the state responded to changing circumstances by amending its regime to reduce the amount of the tariff, the investor claimed relief from the state in an arbitration under a bilateral investment treaty.
Congratulations to the team and their coaches for a great result at the FDI moot.