Albacora v. Ecuador Albacora S.A. v. Republic of Ecuador (PCA Case No. 2016-11)
Claims arising out of the Government’s alleged denial of certain tax exemptions to which the claimant considered its company to be entitled as a user of the free economic zone of Posorja (Zona Franca de Posorja) in the Guayas province of Ecuador.
Primary: A - Agriculture, forestry and fishing
Secondary: C - Manufacturing
3 - Fishing and aquaculture
10 - Manufacture of food products
PCA (Permanent Court of Arbitration)
Anzola, J. E.
Nunes Pinto, J. E.
Malintoppi, L.
Decided in favour of State
Award dated 18 July 2019
56.00 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Arbitrary, unreasonable and/or discriminatory measures

Indirect expropriation
None - all claims dismissed at the merits stage