1. Santiago Romero Barst, 2. María Auxiliadora Rodríguez v. The Republic of Ecuador

The PCA provides administrative support in this arbitration, which is being conducted under the UNCITRAL Arbitration Rules (as adopted in 1976).

Case information

Name(s) of Claimant(s)	1. Santiago Romero Barst (Private entity ) 2. María Auxiliadora Rodríguez (Private entity )
Name(s) of Respondent(s)	The Republic of Ecuador (State)
Names of Parties	-
Case number	2023-23
Administering institution	Permanent Court of Arbitration (PCA)
Case status	Concluded
Type of case	Investment arbitration
Subject matter or economic sector	Arts, entertainment and recreation
Procedural rules	UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced	Bilateral treaty Agreement between the Government of the Italian Republic and the Government of the Republic of Ecuador on the Promotion and Protection of Investments, dated 25 October 2001 Country A: Italy Country B: Ecuador
Language of Proceeding	English Spanish
Seat of Arbitration (by Country)	France
Arbitrator(s), Conciliator(s), Other Neutral(s)	Prof. Juan Fernández-Armesto (Presiding Arbitrator) Mr. Luis O'Naghten Prof. Laurence Boisson de Chazournes
Representatives of the Claimant(s)	Mr. José A. Ortiz Mr. Anthony Diblasi Ms. Raquel A. Toral Homer Bonner Jacob Ortiz, PA Mr. Jorge A. Mestre Mr. Andrés Rivero Rivero Mestre LLP Mr. Ramón Echaíz Echaíz y Asociados
Representatives of the Respondent(s)	Dr. Juan Carlos Larrea Valencia Dra. Ana María Larrea Ms. Lily Díaz-Granados Pienknagura Mr. Gary López Vélez Mr. Marco Terán Rodríguez Ms. Julia Rovello Paredes Dra. Geaninna Nogales Procuraduría General del Estado Mr. Richard Lorenzo Ms. María Eugenia Ramírez Ms. Juliana De Valdenebro Garrido Ms. Iris Sauvagnac Ms. María Lucía Echandía Hogan Lovells US LLP
Representatives of the Parties
Number of Arbitrators in case	3
Date of commencement of proceeding	06 September 2022
Date of issue of final award	03 December 2025
Length of Proceedings	Pending
Additional notes	-

Documents

Award or other decision

Award on Jurisdiction

download | 03 December 2025 | English | 938.49KB

Dissenting Opinion of Luis O'Naghten

download | 03 December 2025 | English | 350.41KB

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