Article
Chevron notches key win in Ecuador pollution fight
International arbitrators ordered Ecuador to suspend enforcement of any judgment against Chevron Corp in its marathon rainforest pollution case…The order…came a day after a New York judge issued a temporary restraining order against the Ecuadorean plaintiffs to stop them going outside the United States to seek enforcement of any court ruling against the company. The move to the arbitration tribunal in The Hague…was a key part of the company's containment strategy for litigation seeking billions of dollars in damages…The tribunal, formed under the authority of a bilateral U.S.-Ecuador investment treaty, ordered the South American country to "take all measures at its disposal to suspend or cause to be suspended the enforcement or recognition within and without Ecuador of any judgment" against Chevron in the case.