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Laurence Tribe's letter on Investor-State Dispute Settlement

by marc Friday, Jun. 05, 2015 at 6:31 AM
marc1seed@yahoo.com

TPP and TTIP create a parallel private arbitration system where only foreign investors can sue states. This crisis for democracy and the constitutional state could be averted by scrapping Fast Track, TPP and TTIP.

to read the letter to the US Congress by Yale and Harvard law professors Judith Resnick and Laurence Tribe on May 7, 2015, click on

http://files.cwa-union.org/national/News/newsletter/20150507_oppose_isds...

A group of legal heavyweights, including Harvard University's Laurence Tribe, are saying that the Investor-State Dispute Settlement provision in the proposed Trans-Pacific Partnership (TPP) agreement is contrary to American legal traditions.

The heavyweights – Yale University's Judith Resnik; Cruz Reynoso, a professor of law emeritus at University of California, Davis School of Law; the Honorable H. Lee Sarokin, Former United States Circuit Judge of the United States Court of Appeals for the Third Circuit; and economist Joseph E. Stiglitz of Columbia University – made their views known in a letter last week to Majority Leader Mitch McConnell (R-KY), Minority Leader Harry Reid (D-NV), House Speaker John Boehner (OH 8th District) and House Minority Leader Nancy Pelosi (D-CA 12th District). CWA's ally in the campaign to beat back Fast Track for TPP, Alliance for Justice, was instrumental in getting the experts to write the letter.

"We write because of our concern that what we know about ISDS does not match what courts can provide," they wrote in the letter. These experts sounded the warnings about ISDS:

more at www.alternativetrademandate.org, www.freembtranslations.net and www.citizen.org
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