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Ecuador is ordered to bear 85% of MAESSA’s costs
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Tribunal has prima facie jurisdiction over MAESSA’s claims
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Tribunal renders PO2, deciding that Notice 1 is a notice of dispute, and Notice 2 is a notice of arbitration
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Tribunal stresses that TESCA and GLP are not parties to the arbitration
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Only MAESSA, but not SEMI, complied with the BIT’s mandatory cooling-off period; Tribunal declines jurisdiction over SEMI’s claims
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Ecuador receives two notices of arbitration, but claimants ask that the first notice be construed as a mere notice of dispute
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Adoption of PO2 did not violate Ecuador’s procedural right or exceed the tribunal’s mandate
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Ecuador denies that the notices relate to the same dispute – and demands that tribunal reject jurisdiction over claims brought by SEMI S.A.
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Dispute relates to natural gas storage and distribution project
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Tribunal begins to be formed in 2016, and then a second notice is filed
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