2005
EMELEC v. Ecuador Empresa Electrica del Ecuador, Inc. (EMELEC) v. Republic of Ecuador (ICSID Case No. ARB/05/9)
Ecuador
United States of America
Rights under a concession agreement for the supply of electricity in the city of Guayaquil concluded between the claimant and an organ of the Ecuadorian Government.
Claims arising out of the alleged expropriation of the investor's premises, bank accounts, and other property located in Ecuadorian territory through a combined military-police operation, followed by local litigation over contractual outstanding amounts.
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Sepúlveda Amor, B.
Rooney, J. H.
Reisman, W. M.
Decided in favour of State
326.00 mln USD
Data not available
Direct expropriation
None - jurisdiction declined
None