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2003
MCI v. Ecuador M.C.I. Power Group, L.C. and New Turbine, Inc. v. Republic of Ecuador (ICSID Case No. ARB/03/6)
Nationality of the parties
Ecuador
United States of America
Summary of matters at issue
Ownership of a company that was party to a contract for the sale of electricity with Ecuador’s Electricity Institute.
Claims arising out of a series of differences between the investor and Ecuador’s Electricity Institute regarding the execution of a contract concerning an electric power generation project, including the suspension of operations alleging the non-payment of invoices, and the subsequent termination of the contract.
Economic sector and subsector
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Vinuesa, R. E.
Greenberg, B. J.
Irarrázabal, J.
Status/Outcome of original proceedings
Decided in favour of State
Decisions rendered
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Arbitrary, unreasonable and/or discriminatory measures
None - all claims dismissed at the merits stage
Follow-on proceedings
ICSID annulment proceedings
ICSID annulment proceedings
Award/decision upheld
Hascher, D. (President)

Danelius, H. (Member)

Tomka, P. (Member)
Link to Italaw's case page