Law360, New York (January 29, 2010, 12:35 PM ET) -- Chevron Corp. has asked a federal court to dismiss an Ecuadorean group's motion to stay arbitration over liability for an alleged $27 billion in environmental damage to the Amazon rain forest, saying the court has no power to enjoin arbitrations conducted under bilateral investment treaties.
Chevron filed the motion Thursday in the U.S. District Court for the Southern District of New York, where the group of representatives from indigenous Amazonian tribes filed suit Jan. 14 in an attempt to block Chevron from bringing an international arbitration...
Ecuadoreans Can’t Stop Amazon Arbitration: Chevron
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