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Chevron Turns On Trillium, One Of Its Owners
The Lago Agrio plaintiffs and Steven Donziger were on the hot seat on Tuesday, but today it’s Chevron’s turn. One of Chevron’s shareholders is Trillium Asset Management. Trillium has been a regular sponsor of shareholder resolutions regarding Chevron’s environmental policies, and in May 2011 Trillium signed a letter with other shareholders calling on Chevron “to……
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Lago Agrio: The Cabrera Report—Mystery Solved
Today Letters Blogatory wades further into the Lago Agrio mire than usual. The question is one I raised back in April, when Doug Cassel’s open letter was still the hot topic: who wrote the Cabrera report? Who wrote the Cabrera report? The Cassel memorandum points to emails in which one of the plaintiffs’ lawyers seemingly……
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Argentina Rescues The Liberdad, Courtesy Of The ITLOS
I had a call some time ago from an investor who owned defaulted sovereign bonds. He had a final judgment from a US district court against the issuer, and he wanted to hire me to collect. He offered what I thought was a highly unrealistic fee, and when we discussed it, he justified his offer……
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Case of the Day: In re Mesa Power Group
In today’s case of the day, In re Mesa Power Group LLC (D.N.J. 2012), we return to the case of the day from July 25, 2012. Mesa had commenced a NAFTA arbitration against Canada alleging inequitable treatment by the government of Ontario in the awarding of contracts in the renewable energy field. In today’s case,……
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Case of the Day: Nanda v. Nanda
The case of the day is Nanda v. Nanda (N.D. Tex. 2012). Jay and Atul Nanda, brothers, were fighting over control of Dibon Solutions, Inc. in the Texas state courts. In 2011, they dismissed the Texas litigation and agreed to settle some of their disputes in arbitration. The arbitrator’s award, rendered only a month or……