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Article

30 Jan 2013

Author:
Jude Webber, Financial Times

Chevron loses environment case appeal [Argentina]

Chevron has lost its appeal in Argentina against asset freezes to enforce an Ecuadorean judgment for the oil major to pay record $19bn damages for environmental pollution [in Ecuador]…The judgment is enforceable, and…is being enforced simultaneously in Canada, Brazil, Argentina and Colombia,” [said the lawyer for the Amazonian plaintiffs]…Chevron…says its Argentine units have nothing to do with the Ecuador ruling and there was no legal right to embargo assets in Argentina. “Chevron respectfully disagrees with the court’s decision. Chevron Argentina intends to pursue all available legal remedies to reverse the interim measure,” said…a spokesman for Chevron Corp…

Part of the following timelines

Argentina: Chevron loses appeal against asset freezes to enforce Ecuadorian judgment over environmental pollution

Texaco/Chevron lawsuits (re Ecuador)

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