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Two Wins For Chevron
After some significant defeats, Chevron had a significant victory this week. The arbitral tribunal hearing Chevron’s claim against Ecuador under the US/Ecuador bilateral investment treaty again ordered Ecuador to “take all measures necessary to suspend or cause to be suspended the enforcement and recognition within and without Ecuador of the judgments” the Ecuadoran courts issued……
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Breaking: Arbitral Panel Issues New Order In Favor Of Chevron
[UPDATE: I have a full post up on this here]. Published reports say that the tribunal considering Chevron’s claims against Ecuador under the US/Ecuador bilateral investment treaty has issued a new order in favor of Chevron. It’s not precisely clear what relief has been ordered, or how the order differs from the earlier interim award.……
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Criticisms of the Chevron/Ecuador BIT Arbitration
Third-Party Letters Criticizing the BIT Arbitration Several letters were made public in recent days criticizing the arbitration between Ecuador and Chevron under the US/Ecuador bilateral investment treaty. Here are the letters I’m aware of. Letters Addressed to Secretary-General Ban Letter from José Daniel Amado. Mr. Amado is a Peruvian lawyer. Letter from the Comisión Andina……
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Arbitrators Issue First Interim Award Against Ecuador
While our attention has been focused over the past few days on developments in the Second Circuit, there have been developments in the BIT arbitration between Chevron and Ecuador pending in the Hague. Back in February 2011, the tribunal, though it had not then ruled on its jurisdiction, issued a procedural order under Article 26……
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Case of the Day: Republic of Argentina v. BG Group plc
The case of the day, Republic of Argentina v. BG Group plc (D.C. Cir. 2012), is related to one of the very first Letters Blogatory cases of the day. The case arises out of the Argentine financial crisis in 2001, when Argentina enacted emergency laws to unpeg the peso from the dollar, to convert dollar-based……