• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador detects new case of monkeypox and adds seven
‘Narco generals’: Comptroller finds evidence of three police officers
Florida court rejects appeal filed by Ecuador in Isaías case
18.5% of young Ecuadorians neither study nor work
Ecuador is a high-risk country for investment, says the United States
Ecuadorians abroad will be able to vote electronically in 2023
Three oarfish appeared in Ecuador during the last week
Only one of the five cases of monkeypox confirmed in Ecuador is hospitalized
Authorities will vaccinate 10 million Ecuadorians with a third dose in 2022
Turkey, the new drug route that leaves from the ports of Ecuador

Ecuador proposes Chevron to create an account account for the payment of a litigation

Posted On 20 Jul 2016

ecuador_ecuadortimes_

The Government of Ecuador has sent a letter to the Chevron oil company to propose the creation of an escrow account for the payment of 96 million dollars ordered by the Supreme Court of the United States after a litigation.

This was announced today by Ecuadorian President Rafael Correa, at a meeting with journalists, in which he confirmed that his country will meet the payment to the oil company, but also with a writ of attachment to the goods of Chevron ordered by the local justice.

The president recalled that the ruling of the US Supreme Court forces Ecuador to pay the amount after a lawsuit filed by the oil company for denial of justice in processes that did not thrived during the time it operated in the country between 1964 and 1992.

Source: http://expreso.ec/actualidad/ecuador-chevron-cuenta-garantia-correa-ND500681

About the Author
  • google-share
Previous Story

Workers and employers concerned about unemployment in Ecuador

Next Story

The title of the Copa Libertadores de America wil be defined in Medellin

SEARCH

LATEST NEWS

Ecuador detects new case of monkeypox and adds seven

Posted On 06 Aug 2022

'Narco generals': Comptroller finds evidence of three police officers

Posted On 06 Aug 2022

Florida court rejects appeal filed by Ecuador in Isaías case

Posted On 04 Aug 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net