Ecuador to pay Perenco ICSID award
Ecuador has agreed to pay Bahamian oil company Perenco its US$412 million ICSID award to settle a long-running dispute over a tax on windfall revenues, while in a separate arbitration the state has been ordered to pay US$17 million to a Spanish-led consortium.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.