{"id":454,"date":"2010-03-10T17:28:00","date_gmt":"2010-03-10T22:28:00","guid":{"rendered":"http:\/\/itn.mattrock.ca\/2010\/03\/10\/in-brief-proceedings-are-suspended-in-dispute-between-french-oil-company-and-ecuador-3\/"},"modified":"2013-01-23T08:50:59","modified_gmt":"2013-01-23T14:50:59","slug":"in-brief-proceedings-are-suspended-in-dispute-between-french-oil-company-and-ecuador-3","status":"publish","type":"post","link":"https:\/\/www.iisd.org\/itn\/2010\/03\/10\/in-brief-proceedings-are-suspended-in-dispute-between-french-oil-company-and-ecuador-3\/","title":{"rendered":"In Brief:  Proceedings are suspended in dispute between French oil company and Ecuador"},"content":{"rendered":"<p><span style=\"font-size: small;\"><strong>By Elizabeth Whitsitt<\/strong><\/span><\/p>\n<p><span style=\"font-size: small;\"><strong>March 11, 2010<\/strong><\/span><\/p>\n<p><span style=\"font-size: small;\">Thomas Bingham, President of the <span class='tooltipsall tooltipsincontent classtoolTips18'>ICSID<\/span> tribunal in Perenco Ecuador Limited v. Ecuador has resigned.<\/span><\/p>\n<p><span style=\"font-size: small;\">At the center of the dispute between Perenco and Ecuador is a windfall tax enacted in 2006 (Law 42) by the South American Republic.\u00a0 According to Ecuador, Perenco owes some US$327 million under Law 42.\u00a0 Perenco, on the other hand, contends that the law is in violation of its contract with Ecuador and the France-Ecuador <span class='tooltipsall tooltipsincontent classtoolTips63'>BIT<\/span>.<\/span><\/p>\n<p><span style=\"font-size: small;\">Mr. Bingham\u2019s resignation came on February 17, 2010, only month after UK lawyer and arbitrator Neil Kaplan was chosen by Perenco to replace Judge Charles Brower.\u00a0 Following the resignation of Thomas Bingham, proceedings in the case are suspended until the vacancy on the ICSID panel has been filled.<\/span><\/p>\n<p><span style=\"font-size: small;\">Previous <span class='tooltipsall tooltipsincontent classtoolTips60'>ITN<\/span> Reporting:<\/span><\/p>\n<p><span style=\"font-size: small;\">\u201cPerenco-nominated arbitrator disqualified for interview comments in ICSID dispute with Ecuador,\u201d By Fernando Cabrera Diaz, Investment Treaty News, 14 February 2010, available here:<\/span><\/p>\n<p><a href=\"http:\/\/www.investmenttreatynews.org\/cms\/news\/archive\/2010\/02\/10\/perenco-nominated-arbitrator-disqualified-for-interview-comments-in-icsid-dispute-with-ecuador.aspx\"><span style=\"font-size: small;\">http:\/\/www.investmenttreatynews.org\/cms\/news\/archive\/2010\/02\/10\/perenco-nominated-arbitrator-disqualified-for-interview-comments-in-icsid-dispute-with-ecuador.aspx<\/span><\/a><\/p>\n<p><span style=\"font-size: small;\">\u201cEcuador defies provisional measures in dispute with French oil company,\u201d By Damon Vis-Dunbar, Investment Treaty News, 8 June 2009, is available here:<\/span><\/p>\n<p><a href=\"http:\/\/www.investmenttreatynews.org\/cms\/news\/archive\/2009\/06\/05\/ecuador-defies-provisional-measures-in-dispute-with-french-oil-company.aspx\"><span style=\"font-size: small;\">http:\/\/www.investmenttreatynews.org\/cms\/news\/archive\/2009\/06\/05\/ecuador-defies-provisional-measures-in-dispute-with-french-oil-company.aspx<\/span><\/a><\/p>\n<script type=\"text\/javascript\"> toolTips('.classtoolTips18','International Centre for Settlement of Investment Disputes'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips60','Investment Treaty News'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips63','Bilateral investment treaty'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips110','inversi\u00f3n extranjera directa'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script>","protected":false},"excerpt":{"rendered":"<p>By Elizabeth Whitsitt March 11, 2010 Thomas Bingham, President of the <span class='tooltipsall tooltipsincontent classtoolTips18'>ICSID<\/span> tribunal in Perenco Ecuador Limited v. Ecuador has resigned. At the center of the dispute between Perenco and [&hellip;]<script type=\"text\/javascript\"> toolTips('.classtoolTips18','International Centre for Settlement of Investment Disputes'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips72','Investment Court System'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips100','investissement direct \u00e9tranger'); <\/script><script type=\"text\/javascript\"> toolTips('.classtoolTips116','European Commission'); <\/script><\/p>\n","protected":false},"author":2,"featured_media":15869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1989,1924],"class_list":["post-454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-itn","tag-expropriation","tag-icsid"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/comments?post=454"}],"version-history":[{"count":0,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/posts\/454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media\/15869"}],"wp:attachment":[{"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/media?parent=454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/categories?post=454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iisd.org\/itn\/wp-json\/wp\/v2\/tags?post=454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}