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2016
Albacora v. Ecuador Albacora S.A. v. Republic of Ecuador (PCA Case No. 2016-11)
Nationality of the parties
Ecuador
Spain
Summary of matters at issue
Claims arising out of the Government’s alleged denial of certain tax exemptions to which the claimant considered its company to be entitled as a user of the free economic zone of Posorja (Zona Franca de Posorja) in the Guayas province of Ecuador.
Economic sector and subsector
Primary: A - Agriculture, forestry and fishing
Secondary: C - Manufacturing
3 - Fishing and aquaculture
10 - Manufacture of food products
Arbitral rules and administering institution
UNCITRAL
PCA (Permanent Court of Arbitration)
Composition of tribunal
Anzola, J. E.
Nunes Pinto, J. E.
Malintoppi, L.
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
20.00 mln USD
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page