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NEWS AND BULLETINS

Organic Law For the Promotion of Investments, Work Development, Stability and Fiscal Balance vis a vis International Arbitration

On August 21st, 2018 the Organic Law for the Promotion of Investments, Work Development, Stability and Fiscal Balance (hereinafter “the Law”) was enacted. On the twelve derogatory provision the Law reestablished the last paragraph of article 42 of the Ecuadorian Arbitration and Mediation Law, which determined that international arbitral awards shall be enforced in the same manner as domestic arbitral awards and that there should not be any difference between both.


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