, full time doctoral student at the University of Essex (UK) and an associate on the Essex Business and Human Rights Project; practising barrister and an associate member of Cloisters chambers in London; senior teaching fellow for the Multinational Enterprises in a Globalising World course at SOAS, University of London. 1 The term 'home state' in relation to a multinational group of companies is typically used to denote the state in which the parent company is domiciled. In the globalised economy, parent companies are not tied to a certain 'home state' but may relocate with ease. From a commercial rather than a legal perspective, therefore, the home state is the place where the group is headquartered or where the relevant decision about actions in the host state was made. The term 'host state' refers to any state other than the home state in which that group operates or invests, or which is a significant source of goods or services for the group or its constituent companies.