Argentina’s highest court unanimously rejected the plaintiffs’ final bid to enforce a fraudulent $9.5 billion Ecuadorian judgment against Chevron Corporation. This is the latest in a string of legal victories in Chevron’s global defense against the Ecuadorian judgment—found by U.S. courts to be the product of fraud, bribery, and corruption, and held unenforceable as a matter of international law by an international arbitral tribunal in The Hague.
On July 30, in a unanimous 5-0 decision, the Supreme Court of Argentina dismissed the plaintiffs’ appeal from the decision by the Court of Appeals in Buenos Aires of July 3, 2018, which affirmed the trial court’s opinion and dismissed the Ecuadorian plaintiffs’ action for lack of jurisdiction. Argentina’s courts have now uniformly and definitively rejected the plaintiffs’ attempt to recognize and enforce the Ecuadorian judgment in that nation.
The original full article can be found at chevron.com.
(Picture: Alana Paterson for The New York Times)