EcuadorTLC II: A Shift in Investment Arbitration through the ‘Own Acts’ Doctrine
Kluwer Arbitration
NOVEMBER 21, 2024
This resulted in a 2018 award that ordered Ecuador to pay 88% of the consortium’s liquidation value for the termination, excluding Petromanabi, a state-owned company that was a member of the consortium, with a 12% share, as it did not participate in the proceedings. Ecuador) in 2014.
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