Chevron's Argentina Assets Unfrozen In $19B Amazon Fight

Law360, New York (June 5, 2013, 2:38 PM EDT) -- Argentina's Supreme Court on Tuesday suspended a freeze on Chevron Corp.'s assets in the country secured by indigenous Ecuadoreans attempting to enforce a disputed $19 billion pollution judgment, saying the oil giant’s Argentine subsidiaries were not party to the Ecuadorean litigation.

In a major blow to the efforts of the Lago Agrio plaintiffs to secure payment of the unprecedented award, the Argentine appellate court lifted the freeze after determining that Chevron Argentina SRL and another subsidiary were denied due process because their concerns were not heard...
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