Oil Co.'s Tax Debts Must Offset $393M Award, Ecuador Says

By Natalie Olivo · October 19, 2021, 8:09 PM EDT

A Bahamian oil company's $393 million arbitral award against Ecuador should be offset by the amount of taxes the business owes, the Ecuadorian government told a D.C. federal court, arguing that...

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Case Information

Case Title

PERENCO ECUADOR LTD. v. REPUBLIC OF ECUADOR

Case Number

1:19-cv-02943

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Date Filed

October 01, 2019