News 26 Jan. 2016

Law360 Publishes Article by Borzu Sabahi on Lessons of Annulment Decision in Occidental v Ecuador

An article by Curtis counsel Borzu Sabahi on the lessons of the recent annulment decision in Occidental v. Ecuador was featured by Law360 as part of the launch of its new International Arbitration section. Mr. Sabahi looks closely into the Annulment Committee’s decision to reduce by more than $700 million the 2012 decision of the original ICSID tribunal, which at the time was the largest investment treaty award in history, amounting to $1.76 billion plus interest.