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Article

17 Feb 2012

Author:
Mercedes Alvaro, Dow Jones Newswires

Arbitrators Order Ecuador To Prevent Enforcement Of Judgment Vs Chevron

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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