Foreword
   Charles N. Brower

Introduction
   Emmanuel Gaillard

Part I  General Features of ICSID Annulment Proceedings

Article 52 of the Washington Convention – A Brief Introduction
   Hans Van Houtte

Three Generations of ICSID Annulment Proceedings
   Christoph Schreuer

Finality at What Cost? The Decision of the Ad Hoc Committee in Wena Hotels v. Egypt
   Eric A. Schwartz

Litigating Annulment Proceedings – The Vivendi Matter: Contract and Treaty Claims
   Bernardo M. Cremades

The Vivendi Annulment Decision and the Lessons for Future ICSID Arbitrations – The Applicants’ Perspective
   Stanimir A. Alexandrov

Vivendi v. Argentina: on the Admissibility of Requests for Partial Annulment and the Ground of a Manifest Excess of Powers
   Carlos Ignacio Suarez Anzorena

Stay of Enforcement of the Arbitral Award Pending ICSID Annulment Proceedings
   Paul D. Friedland

Part II  The Review of ICSID Arbitral Awards

Annulment of ICSID Awards in Contract and Treaty Arbitrations: Are There Differences?
   Gabrielle Kaufmann-Kohler

The Extent of Review of the Applicable Law in Investment Treaty Arbitration
   Emmanuel Gaillard

To What Extent Can an Ad Hoc Committee Review the Factual Findings of an Arbitral Tribunal
   Pierre Mayer

To What Extent May an Ad Hoc Committee Review the Factual Findings of an Arbitral Tribunal Based on a Procedural Error?
   Peter D. Trooboff

Setting Aside Additional Facility Awards: the Metalclad Case
   Henri C. Alvarez

The Introduction of an Appellate Mechanism: the U.S. Trade Act of 2002
   Barton Legum

Concluding Remarks
   Pierre Lalive

Annexes

Annex 1  Wena Hotels Limited v. Arab Republic of Egypt, Award of December 8, 2000

Annex 2  Wena Hotels Limited v. Arab Republic of Egypt, Decision of the Ad Hoc Committee, February 5, 2002

Annex 3  Compañía de Aguas del Aconquija S.A. and Compagnie Générale des Eaux v. Argentine Republic, Award of November 21, 2000

Annex 4  Compañía de Aguas del Aconquija S.A. and Vivendi Universal (formerly Compagnie Générale des Eaux) v. Argentine Republic, Decision of the Ad Hoc Committee, July 3, 2002