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Ecuador


Ecuador’s Indigenous leader fighting Chevron visits Dakota camp
“We don’t want what happened to us to happen to the people in Dakota,” Piaguaje told teleSUR.
Canada’s civil society calls for Chevron’s assets to be frozen so Ecuador judgment can be paid
Some of Canada’s largest environmental, labor and civil society organizations have now joined the growing international community demanding that Chevron clean up its toxic waste in the Ecuadorian Amazon.
Case between Ecuadoreans, Chevron heading to Ontario court
The latest salvo in a marathon multibillion-dollar legal battle between global energy giant Chevron Corp. and a group of Ecuadorean residents over environmental damage has begun in a Toronto court.
The men behind ISDS
The so-called “ISDS” has been existing for years already. A revealing look in the hidden world of investor-state dispute settlement.
Investment chapters in trade agreements
Ecuador in the early 90’s, during the great neoliberal onslaught, had modified and established laws to ensure attractive profits to foreign companies. Additionally, Ecuador subscribed 21 BITs out of a total of 30 signed treaties between 1985 and 2003.
US court rules for Chevron in Ecuador rainforest-damage case
Ecuadorean plaintiffs cannot collect a $9-billion judgment in the US against Chevron Corp. for rainforest damage, a federal appeals court ruled Monday.
The Empire Files: Bringing corporations to justice with Ecuador’s UN Rep
For the first time ever, progress is being made at the United Nations for a binging legal instrument that would hold corporations accountable for human rights violations.
Ecuador pays $112 million award to Chevron - central bank
Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said.
Chevron shareholders still wary of risks from $11 billion Ecuador judgment
Chevron shareholders remain wary of the risks from an $11 billion judgment against the company in Ecuador. They also continue to be critical of Chevron management’s mishandling of the case.
Shrimp and tuna could benefit from trade agreement with EFTA
Next October Ecuador is to begin the negotiations for a comprehensive trade agreement with the European Free Trade Association (EFTA).
U.S. top court rejects Ecuador challenge to Chevron arbitration award
The U.S. Supreme Court let stand a $96 million international arbitration award issued in 2011 in favor of energy company Chevron in a dispute over the development of oil fields in Ecuador.
Copper Mesa Mining Corporation awarded US$24.365 million for expropriation of two mining projects by Ecuador
The Permanent Court of Arbitration awarded the Company damages of US$19,447,498, plus pre- and post-award interest.
Ecuador’s new trade minister comes to Brussels
The new Ecuadorian minister of foreign trade said he wants to come to Brussels to push for an acceleration of the EU-Ecuador free trade agreement’s ratification.
Disaster capitalism: Ecuador forced to pay US oil giant $ 180M
The Ecuadorean government is being forced to use money that could go toward relief efforts to instead pay off a multinational oil company.
TTIP: Chevron lobbied for controversial legal right as ’environmental deterrent’
US oil company wanted EU-US trade deal to give foreign investors the legal right to challenge government decision, documents show
International investment law, development and sovereignty: no harm?
The Oxy II awards subvert the notion of sovereignty: by whom and how a country’s natural resources are used becomes a minor question as long as wealth is maximised.
How can governments deal with #ISDS claims?
A research provides a set of pragmatic tools for governments on the receiving end of legal claims.
Correa: ’corruption’ lets Chevron off hook for Amazon pollution
The ruling from the District Court of the Hague in favor of U.S. oil giant Chevron effectively exonerated the company from any responsibility for remediating the contamination in the Amazon.
Rafael Correa announces that Ecuador will assume Oxy’s “liabilities”
President Rafael Correa announced that Ecuador has reached a payment plan with the US oil company, Occidental (Oxy)
Ecuador is paying Occidental $980M to settle its lawsuit
Ecuador paid $100M on Dec. 21; will pay another $100M on Jan. 15; $100M on Jan. 31; $200M on Feb. 29; $300M on March 31; and the remainder on April 29.