oxy_ecuador_icsid_s

Assembly declares “State Policy” of defense at ICSID

“State Policy“, that’s how the National Assembly of Ecuador today declared the defense before the International Centre for Settlement of Investment Disputes (ICSID) on the case against the country by U.S. Occidental Petroleum Corporation (OXY). With 88 votes in...
Attorney Diego Garcia

Attorney General’s Office Asked Oxy ruling to be annulled

The Attorney General’s Office prepares the argument for the nullity of the arbitral award issued on October 5, which obliges the Ecuadorian government to pay $ 1.77 billion (plus interest) to the U.S. oil company Oxy, due to the expiration of the contract. According to the...