I’ve recently noted the decision of an Argentine court to refuse to enforce the Lago Agrio judgment, and the opinion of Brazilian judge Luis Felipe Salomão also opining that the judgment should not be enforced in Brazil. I’ve gotten my hands on English translations of both.
Tagged: Argentina, Brazil, Lago Agrio
A first-instance court in Argentina has decided to refuse enforcement of the Ecuadoran judgment against Chevron. The decision is not, as far as I know, yet available in English. Chevron has, though, published a translation of a key phrase: Chevron has no assets in Argentina and is not domiciled there, which “seals the fate of the present exequatur as it is inadmissible to recognize a foreign decision in this jurisdiction where the defendant has no point of connection.”
Tagged: Argentina, Ecuador, Lago Agrio, Recognition and Enforcement
The case of the day is HWB Victoria Strategies Portfolio v. Republic of Argentina (D. Kan. 2017). HWB and several other plaintiffs were judgment creditors of Argentina in the Argentine bond case I’ve written about before. They obtained a writ of attachment in the Cowley County Kansas court and attached two aircraft engines owned by the Argentine government located at a General Electric plant in Arkansas City, Kansas. Argentina removed the case to the federal court, and it and GE moved to quash the writ of attachment.