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Lago Agrio: Chevron Accuses DiNapoli
I am posting tomorrow’s post today, so there will be no post tomorrow, or on Friday. We’ll be back on Monday! I’m reporting on two developments in the Lago Agrio case today. First, according to La Nacion, Chevron is projecting that its subsidiaries in Argentina would have to cease operations by the end of the……
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Lago Agrio: Argentine Court Freezes Chevron Assets
According to the Lago Agrio plaintiffs, a judge of the Commercial Court of Justice in Buenos Aires has issued an order freezing most of Chevron’s assets in Argentina pending the outcome of the action for recognition and enforcement of the Ecuadoran judgment. Again according to the plaintiffs, these assets include a stake in a pipeline……
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Breaking: Lago Agrio Plaintiffs to Seek Recognition and Enforcement in Argentina
Reuters is reporting that the Lago Agrio plaintiffs plan to seek recognition and enforcement of their Ecuadoran judgment in an Argentine court. No details as yet—stay tuned! This new action, if it is filed, raises the possibility of Letters Blogatory worlds colliding: I have been covering the Argentina sovereign debt cases as well as the……
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Lago Agrio: New Ecuadoran Decision
Here, courtesy of the Lago Agrio plaintiffs’ PR people, is a copy of a new decision by the Provincial Court of Justice in Sucumbios, the Ecuadoran court at the center of the Lago Agrio case. Unfortunately, no translation is yet available as far as I know, so I can’t really comment on the merits. The……
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Breaking: Supreme Court Denies Cert. in Naranjo
Today the Supreme Court denied Chevron’s petition for a writ of certiorari in Chevron v. Naranjo, the case in which the Second Circuit had vacated Judge Kaplan’s preliminary injunction barring efforts at obtaining recognition and enforcement of the Lago Agrio judgment. The Second Circuit’s decision rested on what I think was a questionable basis, namely,……