Spread over the world, we fight for the upper hand in our new co-host chemistry. Saadia has interviewed Jaroslav Kudrna [TIME 12:08] from the Czech Ministry of Finance, about the state’s experience as respondent in investment arbitrations. Brian then discusses denial of benefits in investment treaties [TIME 45:34], before we go HFT [TIME 1:06:22] and discuss a question sent in by a listener: what happens when you move jurisdictions?