Perenco applies to enforce arbitral award as Ecuador seeks annulment

Days after winning a net sum of US$411 million in a claim against Ecuador over a tax on windfall oil profits, Bahamian oil company Perenco has asked a US court to enforce the award – as the state applies to International Centre for Settlement of Investment Disputes (ICSID) to have it annulled.


Get unlimited access to all Latin Lawyer content