PERENCO ECUADOR LTD. v. REPUBLIC OF ECUADOR

  1. March 16, 2023

    Oil Co.'s $391M Award Enforced, Ecuador's Tax Claims Denied

    A D.C. federal judge on Thursday ordered a French-Bahamanian oil company's $391 million arbitral award against Ecuador to be enforced, siding with the country over interest but rejecting its request to set aside more than $70 million for tax debts.

  2. January 26, 2022

    Oil Co. Says Ecuador Has No Excuses In $393M Award Fight

    A Bahamian oil company has asked a D.C. federal court to enforce an entire $393 million arbitral award against Ecuador, arguing the country's attempts to chisel down the award through tax claims is a dubious and inappropriate strategy.

  3. October 19, 2021

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

    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 there aren't other ways to realistically recover the debt.

  4. September 21, 2021

    Oil Co. Urges DC Judge To 'Immediately' Enforce $393M Award

    Bahamian oil company Perenco Ecuador urged a D.C. federal judge on Monday to "immediately" enforce a $392.6 million award against Ecuador that an annulment committee has already confirmed, accusing the country of trying to "manipulate" an otherwise quick proceeding.

  5. July 28, 2021

    Oil Co. Reaches Deal With Ecuador Over $412M Award

    A D.C. federal judge has approved a Bahamian oil company's bid to let it enforce a $412 million arbitral award against Ecuador after the parties reached an agreement on the amount of interest owed in a dispute over profits from two oil blocks in the Amazon.

  6. October 02, 2019

    Perenco Seeks OK Of $411M Award Against Ecuador

    A Bahamas-incorporated oil company asked a D.C. federal court on Tuesday to confirm a $411 million arbitration award issued recently against Ecuador in a long-running dispute over the allocation of profits from two oil blocks in the Amazon.