(Chevron, 31.Jul.2020) â Argentinaâs highest court unanimously rejected the plaintiffsâ final bid to enforce a fraudulent $9.5 billion Ecuadorian judgment against Chevron Corporation. This is the latest in a string of legal victories in Chevronâs global defense against the Ecuadorian judgmentâfound by U.S. courts to be the product of fraud, […]
Tag: The Hague
International Tribunal Rules for Chevron in Ongoing Ecuador Case
(OGJ, Nick Snow, 10.Sep.2018) â An international tribunal administered by the Permanent Court of Arbitration in The Hague found that a $9.5-billion judgment that Ecuadorâs government lodged against Chevron Corp. in 2011 violated international treaties, investment agreements, and international law. Ecuador breached its obligations under a 1995 settlement agreement that […]
Chevron Wins Ecuador Rainforest âOil Dumpingâ Case
(BBC, 8.Sep.2018) â An international tribunal in The Hague has ruled in favour of the US oil company, Chevron, in an environmental dispute with the government of Ecuador. Chevron had been ordered to pay $9.5bn (ÂŁ7.4bn) compensation to thousands of residents in Ecuador’s Amazon region. They accused the company of […]