O’Melveny’s Brock and Abrahamson Quoted on Bilateral Investment Treaties in JAMS International

November 19, 2014 In a Jams International article printed November 18, 2014, two O’Melveny & Myers lawyers are quoted on the rise of cases coming out of the Bilateral Investment Treaty (BIT) agreement, which provides for arbitration in the event of a dispute in a cross-border contract. O’Melveny Hong Kong partner Denis Brock explained in the article why some states may be shying away from using BITs because they believe the treaties may award better rights to foreign investors. O’Melveny senior counsel Laura Abrahamson, who practices in the Firm’s Los Angeles office, said in the article that disbanding BITs may “drive the market back to political risk insurance. It is likely that cross-border trade may change but it will continue.”