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Related Services
Litigation
Complex Commercial Litigation
The Republic of Ecuador and Petroecuador v. ChevronTexaco Corporation and Texaco Petroleum Company
Republic of Ecuador
We represent the Republic of Ecuador in an arbitration under the UNCITRAL Rules of Arbitration before the Permanent Court of Arbitration in The Hague. Claimants Chevron and Texaco are seeking more than $1.6 billion in damages on the grounds that seven lawsuits filed by Texaco in the Republic's courts have been either unduly delayed or decided incorrectly, resulting in a claimed "denial of justice." The arbitrators' decision is pending. This arbitration is part of a series of disputes involving these parties.