The two maps below chart the hot spots of international arbitration: the countries with most disputants. They plot the 261 cases from our 2011 Arbitration Scorecard according to the location of parties involved. [See the Focus Europe feature article, "High Stakes" for complete analysis.]

The Treaty Arbitration map shows the respondent nations that face the most arbitrations arising out of investment treaties or legislation. Argentina remains the favorite target, defending itself in a slew of arbitrations filed by foreign investors after the country’s 2002 peso devaluation.