Tag Archives: Lago Agrio

Lago Agrio: Ecuador Pays Arbitral Award

Ecuadoran Flag

Reuters is reporting that Ecuador has paid Chevron the $96 million awarded in a treaty arbitration ($112 million with interest). I’ve written several posts about this award and its aftermath. You may want to review my post on the DC Circuit’s decision affirming confirmation of the award and my post on the Hoge Raad’s decision rejecting Ecuador’s challenge to the award.
Continue reading Lago Agrio: Ecuador Pays Arbitral Award

Case of the Day: RJR Nabisco v. European Community

oreo cookie
Nabisco’s Oreo cookie. Keeps your milk from getting lonely. Credit: mihoda
I was speaking recently with a Chevronologist who will remain nameless, and we were speculating that perhaps the reason the Second Circuit has delayed so long in announcing its decision in the Chevron v. Donziger case because it was awaiting the Supreme Court’s decision in today’s case of the day, RJR Nabisco v. European Community (S. Ct. 2016), which was decided on June 20. More recently, Steven Donziger himself has trumpeted the Nabisco decision, asserting that the decision was a “major setback” for Chevron. More formally, he argued the importance of the decision to the Second Circuit in a letter submitted under FRAP 28(j). And I have been thinking a good deal about Nabisco in connection with one of my own cases. So I thought it would be worthwhile to feature the case, presenting it primarily through the lens of the Donziger case.
Continue reading Case of the Day: RJR Nabisco v. European Community

Lago Agrio: Supreme Court Denies Cert. In Chevron-Ecuador Arbitration

Hillary Clinton
Competence. Competence. Credit: Marc Nozell

On Monday, the Supreme Court denied Ecuador’s petition for a writ of certiorari in the BIT arbitration brought by Chevron arising out of undue delay in the settlement of lawsuits TexPet (of which Chevron was a shareholder) had brought against Ecuador in the early 1990s.
Continue reading Lago Agrio: Supreme Court Denies Cert. In Chevron-Ecuador Arbitration