U.S. judge rules for Chevron in Ecuador case

Reuters: Chevron Corp may pursue an international arbitration claim over environmental pollution allegations in Ecuador, a judge ruled on Thursday, part of a long-running case that carries a potential $27 billion liability for the second-largest U.S. oil company. The government of Ecuador had asked Manhattan federal court Judge Leonard Sand to prevent Chevron from taking the 17-year-old case to arbitration under the U.S.-Ecuador Bilateral Investment Treaty. U.S. courts had previously ......

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