BREAKING: Argentine Appellate Court Upholds Chevron Asset Freeze In the Lago Agrio Case

According to Enrique Bruchou, a lawyer for the Lago Agrio plaintiffs quoted by Reuters, an Argentine appellate court has upheld a lower court’s order freezing the assets of Chevron affiliates in Argentina. As I reported in November, a judge in Buenos Aires, acting under the Inter-American Convention on Execution of Preventive Measures, had issued an order freezing most of Chevron’s assets in Argentina pending the outcome of the action for recognition and enforcement of the Ecuadoran judgment. More information when it becomes available!

About Ted Folkman

Ted Folkman is a shareholder with Murphy & King, a Boston law firm, where he has a complex business litigation practice. He is the author of International Judicial Assistance (MCLE 2012), a nuts-and-bolts guide to international judicial assistance issues, and of the chapter on service of process in the ABA's forthcoming treatise on International Aspects of US Litigation, and he is the publisher of Letters Blogatory, the Web's first blog devoted to international judicial assistance, which the ABA recognized as one of the best 100 legal blogs in 2012, 2014, and 2015.

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