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Ecuador

A Canadian court is allowing Ecuadorians to pursue their long-running pollution suit against Chevron
4-Jan-2014 Public Radio International
Last month, a judge ruled that the Ecuadorians can pursue their case against Chevron in Canada.
Tribunal pushes back Ecuador, Chevron hearing
4-Jan-2014 Wall St Journal
An international arbitration tribunal in The Hague hearing a claim from Chevron Corp. against Ecuador pushed back a scheduled hearing to Feb. 7 from Jan. 20 and called on both parties to meet in Washington on Jan. 20 instead.
Indigenous groups win right to seize Chevron’s Canadian sssets over $18 billion in Amazon pollution
28-Dec-2013 Democracy Now
A court in Canada has ruled Ecuadorean farmers and fishermen can try to seize the assets of oil giant Chevron based on a 2011 decision in an Ecuadorean court found it liable for nearly three decades of soil and water pollution near oil wells, and said it had ruined the health and livelihoods of people living in nearby areas of the Amazon rainforest.
Ecuador: In search of EU trade agreement
15-Nov-2013 PanAm Post
Last Friday, from Paris, Ecuadorian President Rafael Correa expressed his hopes for a conclusion to the long-awaited trade agreement in the first quarter of next year.
Ecuador high court upholds Chevron verdict, halves fine
13-Nov-2013 Reuters
Ecuador’s highest court upheld a verdict that US oil company Chevron Corp is responsible for pollution in an Amazon rainforest, but halved the fine imposed in a previous trial to $9.5 billion, a decision the company dismissed as illegitimate.
China worried about Ecuador move to end bilateral investment treaties
17-Oct-2013 Dow Jones Newswires
Ecuador’s decision to end bilateral investment treaties with all countries and take disputes to a new regional arbitration body has raised concerns among Chinese investors.
Ecuador establishes commission to audit investment treaties
9-Oct-2013 Dow Jones
Ecuador has established a special commission to audit bilateral investment treaties, or BITs, signed with different countries and by several governments, the country’s Foreign Minister said.
Arbitration panel rules for Chevron on Ecuador Amazon pollution case
20-Sep-2013 AP
Plaintiffs’ hopes for collecting a $19 billion judgment awarded by an Ecuadorean court against Chevron Corp. for oil contamination in the Amazon have suffered another potential setback.
Chevron wins major arbitration victory
19-Sep-2013 CNN
In an apparent coup for the oil giant’s efforts to undermine a $19 billion environmental judgment in Ecuador, an international tribunal has suggested that the Ecuadorians’ claims in that case were all settled and extinguished in 1995
Alba alliance ambitions lay bare Latin trade confusion
1-Aug-2013
In the bewildering array of Latin American and Caribbean trade alliances, the left-of-centre Alba group is probably the one that attracts the least attention outside the region.
Ecuador waives US trade rights over Edward Snowden asylum request
27-Jun-2013 Reuters
Ecuador said it was waiving preferential rights under a US trade agreement to demonstrate its principled approach to the asylum request of former American spy agency contractor Edward Snowden.
Argentine court revokes US$19 bln embargo on Chevron
6-Jun-2013 Bernama
Argentina’s Supreme Court revoked a US$19 billion embargo on the assets and future income of Chevron Corp.’s Argentina subsidiary, giving the US oil giant a victory in a decades-old battle with indigenous groups in Ecuador.
Further steps given by Ecuador to terminate its bilateral investment treaty with the USA
26-Mar-2013 Lexology
On 6 March 2013, Ecuador’s President, Rafael Correa, requested that Ecuador’s legislature approve the denunciation of the bilateral investment treaty (BIT) between the USA and Ecuador.
Ecuador plans legal challenge on foreign investment, oil
10-Mar-2013 AFP
Ecuador’s president on Saturday said he planned to challenge several bilateral investment treaties after the South American country was ordered to pay billions of dollars in damages by overseas courts.
ICSID: Ecuador Unlawfully Seized U.S. Firm’s Oil Investments
23-Dec-2012
The World Bank’s International Center for the Settlement of Investment Disputes has handed down a ruling against the Ecuadorian government, finding that it “unlawfully expropriated” U.S. firm Burlington Resources’ investments in two oil blocks.
Ecuador seeks annulment of international court ruling in Occidental case
11-Oct-2012 Dow Jones
Ecuador has officially requested the annulment of an international court ruling that ordered it to pay $1.77 billion, plus pre- and post-award interest, to Occidental Petroleum Corp.
Ecuador preparing to contest Icsid’s award to Occidental
9-Oct-2012 Dow Jones
Ecuador’s Attorney General said Monday his office is preparing the legal basis to contest an international court ruling that ordered the country to pay $1.77 billion plus interest to Occidental Petroleum Corp.
Ecuador / ICSID: A new revolt likely to have regional repercussions
7-Oct-2012
Ecuador officially announced on 8 October 2012 that it will request the annulment of the recent decision of the International Centre for the Settlement of Investment Disputes (ICSID) which was communicated on 5 October 2012 (ICSID Decision ARB/06/11).
Ecuador must live up to its obligations under trade and investment agreements - NAM
28-Jun-2012 Shopfloor
The US National Association of Manufacturers is asking the Obama administration to give Ecuador three months to meet the requirements and standards under the US-Ecuador bilateral investment treaty or be removed from the Andean Trade Preference Act.
Case note: How Chevron v. Ecuador is pushing the boundaries of arbitral authority
13-Apr-2012 IISD
The arbitral tribunal in Chevron v. Ecuador has taken a series of steps in recent months suggesting that it has a broad view of its authority.