Chevron Wins Round In Argentina Over $9.5B Pollution Award

By Juan Carlos Rodriguez (November 2, 2017, 9:33 PM EDT) -- An Argentine court has rejected an attempt by Ecuadorean citizens to enforce an Ecuadorean court's $9.5 billion oil pollution judgment against Chevron Corp. in Argentina, saying the corporation's Argentine subsidiary can't be held liable for a judgment against the parent company.

In a decision issued Tuesday, the Argentine court said it lacks jurisdiction over Chevron Corp., because that entity doesn't have adequate legal ties to the country. The company operates there through a subsidiary called Chevron Argentina SRL, but that's not the entity found liable by the Ecuadorean court.

"It's not possible for a judge to permit the execution in his...

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