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Ulysseas v Ecuador (Merits Decision), by Charles Rosenberg

posted Jul 6, 2012, 10:02 AM by IACL   [ updated Jul 14, 2012, 6:23 AM ]

In a decision rendered on June 12, 2012, under the United States-Ecuador BIT and pursuant to the UNCITRAL Arbitration Rules, the Tribunal held that the Respondent had not breached any of its obligations under the BIT in relation to the Claimant’s investment, dismissed all of the Claimant’s claims, and ordered the Claimant to pay $2 million of the Respondent’s costs.