Das Investitionsschutzrecht als völkerrechtliches Individualschutzrecht im Mehrebenensystem

International investment law is currently the focus of criticism. In light of this criticism, this publication uses the conceptualisation of investment law as an individual rights protection mechanism under public international law in order to test contentious perceptions of topical issues in investment law – from the principle of the exhaustion of local remedies to cost decisions of investment tribunals – and to add to the debate on the reform of investment law de lege lata as well as de lege ferenda. Although the conceptualisation of international investment law as an individual rights protection mechanism under public international law is not entirely new, the publication reaches innovative conclusions with regard to topical issues of investment law that are of great interest to academics and practitioners alike.