This comprehensive two-volume work is a collection of determinations from OPIC, the US governmental political risk insurance provider, in the form of its Memoranda of Determinations from 1966 through to 2010.

An important part of international investment law and policy is the political risk insurance coverage provided to international investors by their home states and multilateral organizations such as the World Bank. These programs are of crucial importance to the growth of international investment
flows and the development of international investment law. The insurance claim decisions and as a result this area of international law has received disproportionately little attention. This reference work is the first to make the underlying primary material available to the investment law,
political risk and academic communities. The authors have made the claims determinations more accessible with the inclusion of headnote summaries for all determinations.

The determinations reflect the decisions of OPIC under US and international law and therefore have a significant impact on its future claims determinations. They reveal what types of claims have been honored for expropriation, political violence or convertibility/transferability restrictions. Users
of political risk insurance worldwide will find this collection invaluable in understanding what events are and are not in fact covered, and deciding whether to obtain insurance coverage. These OPIC determinations will also contribute to the development of arbitral jurisprudence regarding government
actions that are alleged to be in violation of investment protections found in investment treaties and investment law. They are additionally of interest in the context of the presentation and determination of future OPIC claims and decision making by other political risk insurance providers.
About the Author:
Mark Kantor currently serves as an arbitrator, as well as teaching as an Adjunct Professor at the Georgetown University Law Center. He is also Senior Research Fellow at the Vale Columbia Center for Sustainable International Investment and Editor in Chief of Transnational Dispute Management, the
online journal. Mr. Kantor is a member of the Board of Directors of the American Arbitration Association and Vice-Chair of the D.C. Bar International Dispute Resolution Committee.

Michael D. Nolan is a Partner at Milbank, Tweed, Hadley & McCloy LLP and Adjunct Professor at the Georgetown University Law Center. He has represented clients or served as arbitrator in arbitrations under AAA, ICC, ICSID, UNCITRAL and other rules and is consistently listed in Euromoney Guide,
Experts in Commercial Arbitration and Chambers USA for international arbitration. He is a member of the Board of Directors of the American Arbitration Association and of the Panel of ICSID Arbitrators (by appointment of Mongolia). Mr. Nolan is a graduate of Harvard College and of the University of
Chicago Law School.

Karl P. Sauvant is Resident Senior Fellow and Founding Executive Director of the Vale Columbia Center on Sustainable International Investment, Senior Research Scholar and Lecturer in Law at Columbia Law School, and Guest Professor at Nankai University, China. Before that, he was Director of UNCTAD's
Investment Division. He is the author of The Effect of Treaties on Foreign Direct Investment (Oxford University Press, 2009 with Lisa Sachs) and the author of, or responsible for, a substantial number of publications. In 2006, he was elected an Honorary Fellow of the European International Business
Academy. He received his Ph.D. from the University of Pennsylvania in 1975.