Nicolás Cely Bustacara Announced as Winner of ITA’s 2024 Young ITA Writing Competition

The Institute for Transnational Arbitration, a division of The Center for American and International Law, recognized Nicolás Cely Bustacara (University of Ottawa) as the winner of its 2024 Young ITA Writing Competition. His winning submission, “When Access to Justice Leads to Abuse of Justice: A Legal and Economic Analysis of Third-Party Funding in Investment Arbitration,” has earned a spot for publication in the ITA in Review journal.

Initiated in 2018, the Young ITA Writing Competition encourages young professionals to engage deeply with critical issues in transnational arbitration. The competition provides a unique opportunity for these emerging voices to contribute to scholarly discourse and to integrate with the global activities of the ITA.

Cely Bustacara, who is pursuing his PhD in International Law, will receive a selection of books from the Wolters Kluwer publishing house and the opportunity to receive his award at the 2024 ITA Workshop and Annual Meeting, scheduled to take place in Austin, TX, from June 19-21, 2024.

Other finalists this year included:

  • 2nd Place: Chris Lai (LK Law), whose paper was entitled “Upholding Arbitral Integrity: A Case for Court-Ordered Anti-Suit Injunctions in Aid of Enforcing Foreign-Seated Arbitration Agreement;”
  • 3rd Place: Yating Lin (University of Hong Kong), whose paper was entitled “‘China Disequilibrium’ in ISDS: An Interplay of China’s Trade-offs and Domestic Institutions to Investment Treaty Policy;”
  • 4th Place: Danielle Attwood (Supreme Court of Victoria), whose paper was entitled “Rocks and Hard Places: The Predicament of Arbitrators in Investor-State Dispute Settlement in Times of Climate Change.”

All finalist papers have been approved for publication in subsequent issues of ITA in Review.

ITA director Thomas (T.L.) Cubbage expressed his enthusiasm about this year's competition results, stating, "We are thrilled to congratulate Mr. Cely Bustacara as the winner of this year's Young ITA Writing Competition. His outstanding contribution exemplifies the high caliber of scholarship we aim to promote at the Institute for Transnational Arbitration. Congratulations to Nicolás and all our finalists for their dedication and excellent work in the field."

For additional information about the Institute for Transnational Arbitration or details on the Young ITA writing competition, please contact ITA Assistant Director Dr. Darya Shirokova at


About the Institute for Transnational Arbitration - The Institute for Transnational Arbitration (ITA) was founded in Dallas, Texas, in 1986 as a division of The Center for American and International Law. ITA provides advanced education for arbitrators, advocates, judges, business executives, government officials, and other professionals concerned with transnational arbitration of commercial and investment disputes. Through its programs, scholarly publications, and membership activities, led by many of the top global experts and supported by many of the world's most actively engaged corporations, law firms, and individual practitioners, ITA has become an important global forum on contemporary issues in the field of transnational arbitration. For more information, visit

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