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13 Feb 2011

Canadian Press

Ecuador says it will comply with US judge's decision to temporarily block Chevron judgment

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Ecuadorean officials say they will temporarily block a potential multibillion-dollar judgment against Chevron Corp. for alleged environmental damages. The Attorney General's Office says in a statement that Ecuador will obey the order from a U.S. federal judge in New York even though officials "do not agree" with it...At Chevron's request, the U.S. judge on Tuesday blocked any judgment for at least 28 days. The judge said he had concluded that lawyers representing the 30,000 plaintiffs were planning a global disruption of the oil giant's business to enforce any monetary award.

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Intl. arbitration tribunal rules in favour of Chevron, orders Ecuador to suspend enforcement of any judgment against company in Ecuadorian oil pollution lawsuit

Ecuador: Judge finds Chevron responsible for pollution, will fine it $9.5 billion