Award

[2007-02/AA277] 1. Chevron Corporation and 2. Texaco Petroleum Company v. The Republic of Ecuador

Permanent Court of Arbitration · Interstate and investor-state (PCA) · International · 2007

Why it matters

Chevron Corporation (Private entity )Texaco Petroleum Company (Private entity ) v. The Republic of Ecuador, an arbitration administered by the Permanent Court of Arbitration in The Hague, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the [2007-02/AA277] 1. Chevron Corporation and 2. Texaco Petroleum Company v. The Republic of Ecuador. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.

Summary

Chevron Corporation (Private entity )Texaco Petroleum Company (Private entity ) v. The Republic of Ecuador, an arbitration administered by the Permanent Court of Arbitration in The Hague, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the [2007-02/AA277] 1. Chevron Corporation and 2. Texaco Petroleum Company v. The Republic of Ecuador. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.

The detail

Parties: Chevron Corporation (Private entity )Texaco Petroleum Company (Private entity ) v. The Republic of Ecuador

Case number: 2007-02/AA277

Outcome: Status: Concluded

Applicable law: The applicable treaty, contract or arbitration rules; see the original.

Issues in play: Public international law / investment law

Read the full decision at Permanent Court of Arbitration

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