Argentine Judge Freezes Chevron Assets In $19B Judgment Row

Law360, Chicago (November 7, 2012, 6:15 PM EST) -- Ecuadorean pollution claimants scored a ruling from an Argentinian judge Wednesday embargoing Chevron Corp.'s assets in that country, part of a suit they launched to try to enforce a $19 billion judgment against the company they won last year, their spokeswoman said.

The ruling is the first asset freeze order the claimants have secured outside their home territory of Ecuador, according to Karen Hinton, their spokeswoman. The claimants' lawyers in Argentina have estimated that Chevron has $2 billion of assets in that country in the form of oil operations and bank accounts.

The claimants have also filed asset seizure lawsuits in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Subscribers Only

Nature of Suit

Subscribers Only


Subscribers Only

Date Filed

Subscribers Only

Law Firms