Last week, Chevron won an arbitral award neutralizing the $18 billion Ecuadorean judgment now on appeal in that country. But the next day the intermediate Ecuadorean appellate court rejected the arbitrators’ order as offensive to Ecuador’s Constitution and the Inter-American Convention on Human Rights.
A New York appellate court has overturned a decision that ordered a Manhattan law firm to pay more than $500,000 to a former contract partner who blamed his bipolar condition for his misuse of a company credit card and attempt to pass expenses on to the firm’s clients.
A New Jersey appellate court has ruled that a woman was justly convicted, without use of Alcotest results, based on unstable driving and deficient motor skills at a traffic stop, which she blamed on a health disorder and on wearing high-heel shoes.
Does this week’s highly anticipated ruling by an Ecuadorean appellate court upholding a lower court’s $18 billion judgment against Chevron mean that Chevron and Ecuadorean plaintiffs will finally opt to settle the knock-down, drag-out Lago Agrio litigation?
On Thursday a New Jersey appellate court upheld a jury verdict that Citigroup won three years ago on Citi’s counterclaims that Parmalat defrauded the bank. The decision is a big blow for Quinn Emanuel in its ongoing pursuit of damages against Parmalat’s former bankers and advisors.