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Lago Agrio: The Wheels of Government Turn Slowly
Here is one for the cautionary tale files. On Sept. 18, I published a post noting that Chevron had not filed an opposition to the renewal of Ecuador’s trade preferences and wondering why that might be. I hedged my bets by noting that “it’s possible [ellipsis] that Chevron has submitted a petition that simply hasn’t……
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Another Front In the Lago Agrio Case
For the second time in a week, one of my posts has been overtaken by events: Investment Arbitration Reporter (subscription required) has reported that the tribunal canceled an upcoming hearing in a way that made it pretty clear that it had decided the merits of the jurisdictional issue in favor of the United States. I’ll……
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Chevron Seeks Confirmation of its Arbitral Award Against Ecuador
In May 2012, I noted that a Dutch court had refused to vacate a $96 million arbitral award Chevron had obtained against Ecuador on its 2006 claims that Ecuador violated the US/Ecuador BIT. Now Chevron has moved to confirm the award in the District of Columbia. Aside from the fact of the complaint, there is……
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Case of the Day: In re Chevron Corp.
The case of the day is In re Application of Chevron Corp. (S.D. Fla. 2012). Chevron applied under § 1782 for leave to issue a subpoena to Banco Pichincha, C.A. Miami Agency for account records for the Amazon Defense Front, Luis Yanza Angamarca, Jorge Enrique Jurado Mosquera, CESAQ-PUCE Laboratory, and Selva Viva Selviva Cia Ltda.,……
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Chevron Puts Trade Pressure on Ecuador
Chevron has renewed its effort to put economic pressure on Ecuador to carry out the order of the BIT tribunal requiring Ecuador to suspend operation of the Lago Agrio judgment. To understand the latest moves, a little background is in order. In 1991, the Andean Trade Preference Act became law.The purpose of the ATPA was……