It is the oldest student competition in the area of investment arbitration, with the first edition of the moot taking place in 2008.
[6] With the exception of India and China, national rounds are not conducted, but each university may only send one team, unlike the Foreign Direct Investment Moot.
In recent editions, teams participate in three preliminary rounds.
The top 16 teams progress to the knockout stages, and there is a prize for best oralist in the championship final.
As travel restrictions continued to remain in place, the 2021 and 2022 editions adopted the virtual format.