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Reuters: A court in Ecuador has rejected an order by arbitrators that an $18 billion pollution ruling against Chevron should be frozen, but the judges referred an appeal by the U.S. oil company to the country's Supreme Court.
A year after the landmark decision against Chevron, a panel working for The Hague's Permanent Court of Arbitration told Ecuador last week to take all necessary measures to suspend enforcement of the award at home and abroad.
But in a ruling made public on Monday, the court that......
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Ecuador court rejects Chevron arbitration ruling
Posted by Reuters: Eduardo Garcia on February 20th, 2012
Posted in Water Conservation