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Article

17 Feb 2012

Author:
Mercedes Alvaro, Dow Jones Newswires

Arbitrators Order Ecuador To Prevent Enforcement Of Judgment Vs Chevron

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An international arbitration tribunal has issued an order for Ecuador to prevent enforcement and recognition of the $18.2 billion judgment against Chevron Corporation (CVX), the company said Friday...Pablo Fajardo, one of the plaintiffs' lawyers, said that the panel "was biased in favor of Chevron and has issued a decision outside the law."..."The decision violates Ecuadorian and international law," he said.

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