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Meaning of "control" in France-Ecuador BIT
Practical Law UK Legal Update Case Report 1-584-3448 (Approx. 3 pages)
Meaning of "control" in France-Ecuador BIT
In Perenco Ecuador Ltd. v The Republic of Ecuador and Empresa Estatal Petróleos del Ecuador (Petroecuador) (ICSID Case No. ARB/08/6), an ICSID tribunal considered whether the claimant, a company incorporated under the laws of the Bahamas, had standing under the France/Ecuador bilateral investment treaty (BIT), even though it was not directly controlled by a French national.
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Resource ID 1-584-3448© 2024 Thomson Reuters. All rights reserved.
Published on 15-Oct-2014
Resource Type Legal update: case report
Jurisdiction
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