Chevron Wins Ecuador Arbitration But Money May Go To Amazon Communities
Date Written: 13/10/2014
Year Published: 2014
Resource Type: Article
Cx Number: CX16810
The Dutch Supreme Court recently upheld an arbitration tribunal judgment requiring the Ecuadorean government to pay Chevron $106 million for breach of contract. Ironically, activists say Ecuador is now free to hand this money to indigenous communities who have sued the oil giant for pollution in an unrelated case.