Ecuador fails to comply on Chevron’s case
The Permanent Court of Arbitration in The Hague said that Ecuador has violated provisional failures and consequently has failed international law “by not preventing the execution of a judgment” against Chevron, which requires it to pay 19 billion dollars.
An Ecuadorian court sentenced in February 2011 Chevron to pay a multimillion amount for environmental damage to the Amazon when Texaco was working in the country between 1964 and 1990, which later was acquired by Chevron, the second largest oil company in the United States.
In the judgment, the Court of The Hague asks Ecuadorian authorities to explain why ” they not ordered Chevron a compensation for all the damages resulting in its attempt to enforce a judgment.”
In opnión of Hewitt Pate, vice president and general counsel of Chevron, Ecuador “has allied” with U.S. attorneys that “have used corrupt courts to conduct an unprecedented farce”.