Arbitrators find for Chevron in Ecuador dispute

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Arbitrators find for Chevron in Ecuador dispute

posted on Feb 11, 2011 07:10PM

SAN FRANCISCO | Fri Feb 11, 2011 11:50am EST

The arbitration tribunal, brought under a bilateral U.S.-Ecuador investment treaty in The Hague, ordered Ecuador to "take all measures at its disposal to suspend or cause to be suspended the enforcement or recognition within and without Ecuador of any judgment" against Chevron in the case. (Reporting by Braden Reddall; Editing by Lisa Von Ahn)

SAN FRANCISCO Feb 11 (Reuters) - International arbitrators ordered Ecuador to suspend enforcement of any judgment against Chevron Corp (CVX.N) in an 18-year-old environmental case against the oil company, according to an order posted on Chevron's website.

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