Here is a brief update on the multi-jurisdictional dispute between Chevron and Ecuadorian plaintiffs:
You might remember that Ecuadorian plaintiffs accused Chevron (well, technically Texaco until Chevron bought Texaco) of dumping waste and causing illness in their country. The case moved from the United States to Ecuador and back to the United States. Each side has been trading shots, with Chevron claiming it did not receive a fair trial in Ecuador.
As I previously reported, Chevron is faced with an $18 billion judgment by an Ecuadorian court. In an effort to block enforcement of the judgment, Chevron got a US arbitration firm to freeze the Ecuadorian judgment. Of course, this week the Ecuadorian court rejected the arbitrator’s decision (surprise!).
The dispute may be movin’ on up… a federal court has referred Chevron’s appeal to the United States Supreme Court.
This saga is long from over and could impact the liability of United States based companies operating abroad. This saga is long from over…
[A link to the news sans legal analysis can be found here.]