Republic of Ecuador v. Occidental Exploration and Production Company (No 2)

Abstract

Economics, trade and finance — Bilateral investment treaty — Interpretation — Object and purpose of treaty to afford protection to investors — Uncertainties in interpretation to be resolved in favour of investor — Relationship with double taxation treaties

Arbitration — Investment arbitration — Bilateral investment treaty — Proceedings brought by investor — Arbitration under UNCITRAL Rules in London — Challenge to jurisdiction of arbitration tribunal before English courts — Procedural irregularity — The law of England