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MAESSA and SEMI (formerly Consorcio GLP) v. Ecuador

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Case Details

Year of Filing: 2015

Claimant(s): Mantenimientos, Ayuda a la Explotacion y Servicios SA (MAESSA), Sociedad Espanola de Montajes Industriales SA (SEMI); Consorcio GLP Ecuador

Respondent(s): Republic of Ecuador

Arbitral Rules: UNCITRAL and/or Ad-Hoc

Legal Instrument: Treaty

Treaty: Ecuador-Spain BIT

Arbitral Tribunal

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Counsel

Counsel for Claimant:

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Counsel for Respondent:

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Prior IAReporter Coverage of MAESSA and SEMI (formerly Consorcio GLP) v. Ecuador

Arbitrators uphold jurisdiction over one claimant suing Ecuador, but decline jurisdiction over a second claimant which failed to comply with cooling-off requirement; other objections are dismissed Oct 9, 2019
UNCITRAL BIT tribunal confronted with unusual situation: Spanish investors argue that an initial “notice of arbitration” filed by somewhat different parties should be treated as a mere notice of dispute Nov 28, 2016