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Chevron and TexPet v. Ecuador (II), Note of Dissent by Horacio A. Grigera Naón, February 5, 2026

5 Feb 2026
Chevron Corporation and Texaco Petroleum Corporation v. Ecuador (II), PCA Case No. 2009-23
Note of Dissent by Horacio A. Grigera Naón
Document Details:
LISTED PARTICIPANTS
Note of Dissent by Horacio A. Grigera Naón
Participants listed are for this document only and may not include all participants involved in the entire case. Always consult the original documents.
Claimant appointee
Respondent appointee
Tribunal/Panel chair
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's counsel
Claimant's law firm
Respondent's counsel
Respondent's law firm
Other counsel
Claimant's expert
Claimant's expert firm
Respondent's expert
Respondent's expert firm
Claimant's witness
Respondent's witness
Other witnesses
Tribunal secretary
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Third-party funder
Country
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Document Summary
Note of Dissent by Horacio A. Grigera Naón
This summary note is machine-generated. Always consult the original materials.

Procedural Background

This document contains the dissenting opinion of Arbitrator Horacio A. Grigera Naón concerning the Tribunal’s Decision on the Respondent’s Request for Correction and Interpretation of the Fourth Partial Award on Track III, submitted pursuant to Articles 35 and 36 of the 1976 UNCITRAL Arbitration Rules.

Analysis and Reasoning

The dissent addresses the majority’s treatment of the Respondent’s request to correct alleged errors under Article 36(1) of the UNCITRAL Rules. The underlying Fourth Partial Award applied a 15% reduction to the Claimants’ surviving damages claims, accounting for billing deficiencies and incorporating a margin of error due to the complexity of assessing incidental damages. Arbitrator Grigera Naón characterized the Respondent’s application not as a valid request to correct computational errors, but as an impermissible attempt to substantively modify the Tribunal’s merits determination.

Conclusion

The dissenting arbitrator concluded that the 15% reduction constituted a merits-based allocation of risk reflecting the practical difficulties of calculating damages from the evidentiary record, rather than a mathematical operation. Accordingly, he found that this substantive allocation of risk could not be challenged via the correction mechanism of Article 36(1), and determined that the Respondent’s application should have been rejected in its entirety.