Chevron Wins Round One Against Ecuador
This is just the first round of a potentially huge investor-state arbitration claim filed by Chevron against Ecuador. $700 million now, but up to $27 billion later. (For some background, see here and here about a federal court's refusal to stay one of the arbitration proceedings.). Chevron Corp (CVX.N) won a three-year-old arbitration fight against Ecuador over a commercial dispute as...