Stay of enforcement of US$1.7 billion award continued unconditionally | Practical Law

Stay of enforcement of US$1.7 billion award continued unconditionally | Practical Law

In Occidental Petroleum Corporation and Occidental Exploration and Production Company v Republic of Ecuador (ICSID Case No ARB/06/11), the ad hoc committee considered an application by the claimant to lift a stay on the enforcement of the award.

Stay of enforcement of US$1.7 billion award continued unconditionally

Practical Law UK Legal Update Case Report 3-544-7485 (Approx. 3 pages)

Stay of enforcement of US$1.7 billion award continued unconditionally

by Practical Law Arbitration
Published on 09 Oct 2013 • International, USA (National/Federal)
In Occidental Petroleum Corporation and Occidental Exploration and Production Company v Republic of Ecuador (ICSID Case No ARB/06/11), the ad hoc committee considered an application by the claimant to lift a stay on the enforcement of the award.