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Lago Agrio: Guess What Came Up At The Chevron Annual Meeting?
According to a press release from the Lago Agrio plaintiffs, our favorite case was front and center at today’s annual meeting of Chevron’s shareholders. Activist Simon Billenness offered a resolution to lower the threshold necessary for shareholders to call meetings on their own. He had a pithy quote: “A Chevron lawyer summed up the legal……
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Lago Agrio: Argentina’s Attorney General Seeks Lifting of the Embargo
Argentina’s attorney general, Alejandra Magdalena Gils Carbó, has asked Argentina’s Supreme Court to lift the embargo or attachment of Chevron’s assets in Argentina, which the Argentine courts had entered under the Inter-American Convention on Execution of Preventive Measures. In November 2012, I reported on the embargo, and in January 2013 I reported on an Argentine……
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Case of the Day: Daebo International Shipping Co. v. Americas Bulk Transport (BVI) Ltd.
The case of the day is Daebo International Shipping Co. v. Americas Bulk Transport (BVI) Ltd. (S.D.N.Y. 2013). Daebo Shipping, a Korean company, chartered the M/V Nicole to ABT, which, despite its name, was, according to the judge, a Liberian company. After a dispute arose, Daebo Shipping asserted a claim for more than $300,000 against……
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Case of the Day: In re Application of Pott
The case of the day is In re Application of Pott (W.D. Wash. 2013). Pott was an Argentine businessman in the seafood business. He was the co-founder of Bentinicos de Argentina, a seafood company in Argentina, and he sold it to World Capital Properties, Ltd., a Florida firm, in order to get capital needed to……