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Lago Agrio comes to Ontario: Chevron and the $19B judgment
Today we have a guest post from Alejandro Manevich of Heenan Blaikie, who was in court for the first day of argument in the Yaiguaje appeal in Ontario. Alejandro, one of the editors of the new Standardless Review blog (where this is cross-posted), gives a great blow-by-blow of the argument. Long-time readers will know that……
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Doug Cassel on the New Partial Arbitral Award
Chevron advocate, professor of law, and friend-of-Letters-Blogatory Doug Cassel weighs in on the new arbitral award in the Chevron-Ecuador investment treaty arbitration. In his recent post on the new arbitral award in the Chevron-Ecuador investment treaty arbitration, Ted Folkman wondered, first, whether Chevron “will seek to use the ultimate arbitral award as the basis for……
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The Lago Agrio Partial Award: What Next for Chevron?
Although Chevron’s representatives refused to confirm it to me, I expect that if the tribunal hearing the investment treaty dispute between Chevron and Ecuador ultimately decides that the Lago Agrio plaintiffs’ claims in the Ecuadoran lawsuit were barred by the release Ecuador gave to Texaco, Chevron will seek to use the ultimate arbitral award as……
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Lago Agrio: The New Arbitral Award
Okay, so here’s the deal. Yesterday, the Wall Street Journal reported that the tribunal hearing the investment treaty dispute between Chevron and Ecuador “issued a partial award in favor of Chevron Corp. and found the U.S. oil company isn’t liable for collective environmental damage claims in Ecuador.” Relying on the article, I put up a……
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Lago Agrio: Arbitral Tribunal Finds Chevron Is Not Liable for the $19 Billion Ecuadoran Judgment
Update: Here is the award, which friend-of-Letters Blogatory Doug Cassel was good enough to provide. Second Update: Having now read the thing through, it seems to me that the WSJ was a little hasty in its conclusions, and I was a little hasty in relying on the WSJ. I’ll try to have a better look……