ConocoPhillips-Ecuador dispute ends with damages for both sides
Ecuador's capital, Quito (Credit: istock.com/AlbertoLoyo)
AWARDS NOW PUBLIC: A nearly decade-long ICSID dispute between ConocoPhillips and Ecuador, with claims on both sides running into the billions, has ended with awards of nearly US$380 million for the investor and US$42 million for the state.
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