Ecuador: Panel of Judges denies for fourth time Chevron’s motion to block judgement

A three-judge appellate panel has again denied — for the fourth time — a motion by Chevron Corp. to block the Republic of Ecuador from enforcing an $18 billion judgment against the company. In a decision released last week, the Ecuadorian panel ruled that the oil giant was not entitled to use an order from an international arbitration tribunal, which asked Ecuador’s government to suspend the litigation, to block the rainforest communities from enforcing the judgment. Read Article