Ecuador is Now Officially a Contracting State of The ICSID Convention

On June 30, 2021, Ecuador’s Constitutional Court (Constitutional Court) held that President Guillermo Lasso had the power to ratify the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention) without the approval of Ecuador’s National Assembly (the Decision). The Constitutional Court also held that the ratification of the ICSID Convention does not imply that Ecuador has assigned inherent domestic powers to international jurisdiction nor that the ratification of the treaty automatically binds Ecuador to investor-state arbitration…

Read the complete story here.

Featured Arbitrators

ad
View all

Read these next

Category

Arbitration Conversation No. 27: Prof. Rick Bales of Ohio Northern School of Law

In this episode of the Arbitration Conversation, Amy interviews Prof. Rick Bales of Ohio Northern School of Law on labor arbitration in the time of COVID. https://youtu.be/-lmqqMQqA6Y

By Rick Bales, Amy Schmitz
Category

The Psychology and Neuroscience Applied to Arbitration – The Next Top Model

Social Psychology studies how people think, feel, and behave (Robbennlot, Jennifer K and Sternlight, Jean R. Psychology for Lawyers, Understanding the Human Factors in Negotiation, Litigation and Decision Making. ABA...

By Rosa María Abdelnour Granados
Category

The Future of the Transportation Worker Exemption to Mandatory Arbitration – Clarity for the Gig Economy?

In 1925, the Federal Arbitration Act (“FAA”) was enacted to ensure the validity and enforcement of arbitration agreements due to a national policy favoring arbitration as a dispute resolution mechanism....

By Brittany Munn

Find an Arbitrator

X
X
X