Lago Agrio: More on the DC Circuit’s Decision
Posted on August 10, 2015
Readers, I forgot to mention an important point in my recent post on the DC Circuit’s decision affirming confirmation of Chevron’s $96 million award against Ecuador.
I noted in the post that the arbitration hadn’t related directly to the Lago Agrio case, which is correct. But I had forgotten a point I wrote about in July 2013: the Lago Agrio plaintiffs have obtained an order from an Ecuadoran court requiring the state to pay the award to them rather than to Chevron on account of their judgment against Chevron in the Lago Agrio case. So like everything else, the new case case, too, does relate to the Lago Agrio dispute.
I am seeking some additional information about the status of things and will let you know what I learn.