We are pleased to share that Duarte G. Henriques and Rita de Carvalho have contributed to the Austrian Yearbook on International Arbitration 2026 (AYIA), a leading international publication dedicated to developments and scholarship in the field of arbitration.
Their article, titled “Funding Counterclaims of Host States in ISDS: New Balances or New Risks?”, appears in the Investment Arbitration chapter of this year’s edition.
The contribution explores an emerging and relatively underexamined aspect of third-party funding in investor–state dispute settlement (ISDS): the potential financing of counterclaims brought by host States. The article examines whether such mechanisms could contribute to a more balanced procedural landscape or whether they may introduce new legal and systemic risks within the ISDS framework.
The Austrian Yearbook on International Arbitration, now celebrating its 20th edition, is widely regarded as a significant forum for academic and practitioner perspectives on contemporary issues in international arbitration, bringing together contributions from leading scholars and practitioners worldwide.
We are proud to see members of our team contributing to this important discussion within the global arbitration community.