Occidental Petroleum Corporation v. Ecuador
GPTKB entity
Properties (57)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
legal case
|
| gptkbp:brandAmbassadors |
international law experts
unlawful termination of contract |
| gptkbp:canEstablish |
investment law reforms
|
| gptkbp:caseOutcome |
settlement discussions
increased scrutiny of investment treaties |
| gptkbp:caseTypes |
expansion of operations
ARB/06/11 |
| gptkbp:claims |
compensation for expropriation
|
| gptkbp:combatants |
bilateral investment treaty arbitration
three_arbitrators |
| gptkbp:commissionDate |
2005
|
| gptkbp:country |
breach of contract
public interest defense government attorneys strengthening of legal protections affected by case outcome commitment to foreign investment defensive litigation approach |
| gptkbp:date |
2006
|
| gptkbp:decidedBy |
gptkb:International_Centre_for_Settlement_of_Investment_Disputes
|
| gptkbp:finaleDate |
2012
|
| gptkbp:firstAwarded |
$1.77 billion
|
| gptkbp:hasClaim |
allegations of fraud
|
| gptkbp:hasStudentOrganizations |
commitment to legal compliance
|
| https://www.w3.org/2000/01/rdf-schema#label |
Occidental Petroleum Corporation v. Ecuador
|
| gptkbp:impact |
gptkb:Ecuador-United_States_relations
|
| gptkbp:internationalRelations |
influenced by arbitration outcomes
weakened post-case |
| gptkbp:involves |
gptkb:Ecuador
gptkb:Occidental_Petroleum_Corporation |
| gptkbp:isSetIn |
sovereign_immunity
|
| gptkbp:isSimilarTo |
denial of liability
|
| gptkbp:jurisdiction |
gptkb:ICSID
|
| gptkbp:legalStatus |
international law
law firms involved investment treaty arbitration |
| gptkbp:marketSegment |
foreign investment attraction
|
| gptkbp:notableFeature |
approximately seven years
highlighted investor-state disputes publicly available arbitration records widely studied in legal circles |
| gptkbp:operationalArea |
unsuccessful
appeal against the ruling revisions to investment treaties |
| gptkbp:outcome |
favorable_for_Occidental_Petroleum_Corporation
|
| gptkbp:politicalAffiliation |
affected by case outcome
aggressive litigation approach oil_exploration_in_Ecuador |
| gptkbp:politicalPosition |
strengthened post-case
|
| gptkbp:precedent |
influenced future cases
|
| gptkbp:publicationDate |
2012
|
| gptkbp:publicSpeaking |
gptkb:Washington,_D.C.
|
| gptkbp:relatedPatent |
future investor-state arbitration cases
|
| gptkbp:relatedTo |
Bilateral Investment Treaty
|
| gptkbp:result |
awarded damages
|
| gptkbp:significance |
impact on international investment law
|