Dispute about the Legitimacy of Investment Arbitration: Is the Principle of Equality of Parties an Outdated Concept? - Chapter 27 - Revolution in the International Rule of Law: Essays in Honor of Don Wallace, Jr.
I am convinced that numerous disciples and collaborators of Professor Don Wallace are better qualified than me to describe his scholarly achievements. Hence, in my short introduction, I have decided to pay tribute to other aspects of his remarkable accomplishments. Professor Don Wallace is a proverbial man of all seasons. As Director of the International Law Institute, Georgetown University Law Center, he succeeded in transforming it into one of the world's leading centers of international law. His scholarly reputation and diplomatic skills enabled him to create a place of scholarly discussions and confrontation of ideas but also a forum of solving controversies, and searching for practical solutions.
My acquaintance with Professor Don Wallace began in the late 1970s. While teaching at the Pennsylvania Law School, I was asked by Pezetel, a Polish foreign trade company, to advise them how to overcome the U.S. Customs authorities' decision on imposition of antidumping duties on Polish golf carts exported to the United States for prices lower than their fair market value. Surprisingly, the Polish exporter was able to successfully compete with U.S. producers and became number one seller of carts in two key golf states, namely Florida and Texas. The U.S. industry quickly persuaded the Congress to pass a new law that defined the fair market value of products imported from countries with a Statecontrolled economy in such a way that it prohibited importers from acquiring them for a cheaper price than that charged by their American