Skadden, Arps, Slate, Meagher & Flom LLP (JD Supra Ecuador)
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"The 'Law 42' Arbitrations Against Ecuador and the Importance of BIT Language"
Bilateral Investment Treaties (BITs) afford investors a series of guarantees against expropriation or unfair treatment of investments in foreign jurisdictions. They also typically allow investors to enforce those rights before a neutral international arbitral tribunal under the rules of the International Centre for Settlement of Investment Disputes (ICSID) (affiliated with the World Bank) or the...
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