Thursday, January 26, 2012
Second Circuit Issues Opinion in Chevron-Ecuador Litigation
Today the Second Circuit issued its much-anticipated opinion in the Chevron-Ecuador litigation. The opinion in Chevron v. Naranjo explains the Second Circuit’s earlier order (2011 WL 4375022), which had reversed a district court injunction (768 F.Supp.2d 581) that would have blocked the enforcement of an Ecuadorean court’s multi-billion dollar judgment against Chevron.
Allison Frankel has coverage of the opinion at Thomson Reuters News & Insight.