US Edition“We Have Three Months to Request the Annulment of the Award Against Ecuador,” Says the Prosecutor After Resolution in the Chevron Case
4 Articles
4 Articles
The Attorney General of the State, Juan Carlos Larrea, explained that there is a three-month deadline for the State to file a request for annulment of the decision of the Arbitral Tribunal of the International Court of Justice of The Hague, which ordered Ecuador to pay $220′806.941 in compensation to Chevron Corporation and Texaco Petroleum Company.
The arbitration lawsuit filed by the oil companies before the Permanent Court of Arbitration in The Hague was under the argument of an alleged denial of justice in Ecuador
The government’s reaction didn’t take long. After the arbitral ruling that ordered Ecuador to pay $220 million to Chevron—a reduced figure from the $3.35 billion demanded by the oil company—government minister Nataly Morillo held responsible for political decisions taken in previous governments. She assured that the process was “politicized” and that it ended up polluting a case that had to be resolved in the judicial sphere. “The whims and delu…
The Minister of Government, Nataly Morillo, attributes to "caprichos and delusions of corresmo" the compensation to Chevron arranged by an Arbitral Tribunal. Unit of Affected People seeks to prevent the payment of USD 200 million.
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