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INTERNATIONAL ARBITRATION NEWS DETAILS
ICSID Rules Ecuador Unlawfully Seized US Firm's Investments
Posted On: Sunday, Dec 23 2012 under BITs (FIPAs) - Bilateral Investment Treaties (Foreign Investment Promotion & Protection Agreements)
Posted On: Sunday, Dec 23 2012 under BITs (FIPAs) - Bilateral Investment Treaties (Foreign Investment Promotion & Protection Agreements)
The arbitration body said in a 183-page document, dated Dec. 14 and posted to the ICSID's Web site on Friday, that Ecuador violated a bilateral investment treaty when it seized the Houston-based firm's investments in blocks 7 and 21 in the Amazon region.See all stories on this topic »Hispanically Speaking News
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- ICSID - International Centre for Settlement of Investment Disputes
- NAFTA - North American Free Trade Agreement
- BITs (FIPAs) - Bilateral Investment Treaties (Foreign Investment Promotion & Protection Agreements)
- EU - European Union
- CAFTA - Central American Free Trade Agreement
- UNASUR - Union of South American Nations
- MERCOSUR - Southern Common Market
- ICC - International Chamber of Commerce
- AAA/ICDR - American Arbitration Association - International Centre for Dispute Resolution
- APEC - Asia Pacific Economic Cooperation
- ASEAN - Association of Southeast Asian Nations
- OECD - Organisation for Economic Co-Operation and Development
- SCC - Arbitration Institute of the Stockholm Chamber of Commerce
- International Arbitration Commentary
- UNCITRAL - United Nations Commission on International Trade Law
- UNCLOS - United Nations Convention on the Law of the Sea
- SIAC - Singapore International Arbitration Centre
- UN - United Nations
- Energy Charter
- New York Convention - Convention on the Recognition and Enforcement of Foreign Arbitral Awards
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