abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

هذه الصفحة غير متوفرة باللغة العربية وهي معروضة باللغة English

المقال

21 فبراير 2012

الكاتب:
Jessica M. Karmasek, Legal Newsline

Ecuadorian court rejects Chevron's request for bond waiver

A three-judge appellate panel in Ecuador ruled Friday that Chevron Corp.'s request for a special bond waiver has no basis in Ecuadorian law. In a ruling last month, a panel of three temporary judges in the Provincial Court of Justice…upheld the $18 billion judgment against the company for its alleged contamination of the country's rain forest…The appellate court has the discretion to set a bond before sending the case to the National Court of Justice. However, the company must request the bond as a way to suspend enforcement of the judgment pending further appeal…Instead of requesting the bond, the company requested an unprecedented waiver of the bond requirement...In its…decision, the appellate court said seeking a bond is "the only established legal mechanism to give litigants in Ecuador the opportunity to suspend execution of a judgment." [also refers to Texaco (part of Chevron)]

Part of the following timelines

International arbitration panel reinforces order against Ecuador to suspend enforcement of damages award against Chevron in oil pollution lawsuit

Texaco/Chevron lawsuits (re Ecuador)