Mykolas Romeris University’s (MRU) School of Law Private Law Institute Prof. Dr. Solveiga Palevičienė and Prof. Dr. Simona Drukteinienė have been appointed by the Government of the Republic of Lithuania to the list of arbitrators of the International Centre for Settlement of Investment Disputes (ICSID). MRU nominated these professors based on their extensive practical and research experience in the field of investment dispute resolution and tort law.
Prof. Palevičienė has been working at MRU for more than fifteen years and specializes in the field of state responsibility, international investment law and arbitration. She regularly presents lectures to joint Master’s Degree students in investment law and supervises PhD students working on their theses or conducting research on this topic. She presents papers on a regular basis at national and prestigious international conferences, conducts training on state responsibility, investment law and arbitration for lawyers and judges. She is the author of numerous research articles on various legal issues. As a former Chief Legal Adviser to the President of the Republic of Lithuania and now as a lawyer, she has extensive experience in representing investors in various disputes with state institutions both in national courts and in international arbitrations. In addition, from 2013-2014, she studied at the University of Geneva in the prestigious International Dispute Resolution Master’s programme. She maintains academic and collegial contacts with the most famous members of the arbitration community in Switzerland and other European countries.
Currently Prof. Palevičienė has been appointed by the Government of the Republic of Lithuania to the list of Conciliators recommended by the International Centre for the Settlement of Investment Disputes. She is also included in the permanent lists of arbitrators of the Vilnius Commercial Arbitration Court and the Georgian Sakartvelo Arbitration Institution.
Prof. Dr. Simona Drukteinienė has been working at MRU since 2002. She presents lectures on civil liability and comparative tort law, prepares publications on tort law, contractual liability, on comparative law issues in national and recognized foreign publishers’ research publications, participates in various European Centre for Tort and Insurance Law of Tort and Insurance Law (ECTIL) and the Institute for European Tort Law at the Austrian Academy of Sciences and the University of Graz, together with the European Group on Tort Law organized scientific projects, research works. From 2017 is a fellow member of the European Centre of Tort and Insurance Law (ECTIL) and Institute for European Tort Law established under the Austrian Scientific Academy and the University of Graz, along with the European Group on Tort Law organized scientific projects, works of research. From 2017, she is a fellow member of the European Centre of Tort and Insurance Law and on the list of arbitrators recommended by the Vilnius Commercial Arbitration Court.
ICSID, established in 1966, is the world’s leading institution devoted to international investment dispute settlement. It has extensive experience in this field, and administered the majority of all international investment cases. States have agreed on ICSID as a forum for investor-State dispute settlement in most international investment treaties and in numerous investment laws and contracts.
ICSID was established on the basis of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention). The ICSID Convention is a multilateral treaty formulated by the Executive Directors of the World Bank to further the Bank’s objective of promoting international investment. ICSID is an independent, dispute-settlement institution. Its availability to investors and States helps to promote international investment by providing confidence in the dispute resolution process. The ICSID is one of the World Bank Group’s institutions.
Congratulations to both MRU Professors!