Region: Ecuador

Ecuador ratifies ICSID Convention

Ecuador has ratified the ICSID Convention, sealing the state’s return to the treaty that it denounced over a decade ago.

20 July 2021

Ecuador: one step closer to ICSID ratification

Gary Born and Soledad Peña Plaza of WilmerHale in London consider a “remarkable” recent decision by Ecuador’s Constitutional Court that the country’s ratification of the ICSID Convention does not require the approval of its National Assembly.

16 July 2021

Pharma investor’s award against Ecuador upheld

A Dutch court has upheld a US pharmaceuticals company’s €44 million investment treaty award against Ecuador, dismissing arguments that the arbitrators took on the role of a final appeal court when they held the state liable for a denial of justice.

22 June 2021

Ecuador to rejoin ICSID

In a major policy reversal, a new government in Ecuador has signed the ICSID Convention more than a decade after the state withdrew from the treaty.

21 June 2021

Ecuador fails to annul bulk of Perenco award

UPDATED: An ICSID committee has largely upheld Bahamian oil company Perenco’s US$449 million award against Ecuador – reducing the damages by US$36 million after annulling certain findings on quantum.

01 June 2021

Ecuador faces ICC claim over mining project

Chile’s state-owned copper company has filed an ICC claim against Ecuador over the alleged failure of its national mining company to develop a multibillion copper project near Quito.

09 April 2021

Ecuador faces second claim over Amazon oil projects

An Argentine-owned energy company is bringing an UNCITRAL claim against Ecuador over the termination of contracts to exploit Amazonian oil projects, a dispute that has already given rise to a US$515 million award against the state.

01 April 2021

Centro de Arbitraje y Mediacion de la Camara de Comercio Ecuatoriano Americana (AMCHAM Ecuador)

28 January 2020

Centro de Arbitraje y Mediacion de la Camara de Comercio de Cuenca (CCC)

28 January 2020

Centro de Arbitraje y Mediacion de la Camara de Comercio de Quito (CCQ)

28 January 2020

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