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Lago Agrio Update
I have some updates for you in the Lago Agrio case. First, the Lago Agrio plaintiffs have won a victory in Ecuador. Recall that Chevron had won a $96 million award against the Republic of Ecuador in an investment treaty arbitration in the Netherlands; a court in Washington has just confirmed the award. Now the……
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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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Update: Lago Agrio Plaintiffs’ Press Conference
I listened in today on a press briefing the Lago Agrio plaintiffs’ PR team organized to discuss the state of their efforts to obtain recognition and enforcement of the Ecuadoran judgment. The briefing was expressly timed to come shortly before the beginning of Chevron’s annual meeting of shareholders on May 29. (Psst…Chevron…expect protesters!) We heard……
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BREAKING: Ontario Judge Stays Ecuadoran Plaintiffs’ Recognition and Enforcement Action Against Chevron
Update: Here is the decision. I’ll have more tomorrow morning! This just in from Jeff Gray of the Globe and Mail: Ontario judge stays move by plaintiffs to collect on Ecuadorean $19B pollution judgment against Chevron. #Chevron #law Story coming soon. — Jeff Gray (@jeffreybgray) May 1, 2013 More to come as soon as it’s……