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The Ecuador Lawsuit.

Dow Jones – Ecuador Seeks $504 Million From Conoco In Arbitration Counterclaim

Date: Oct 11, 2011

Legal issues surrounding oil company operations in Ecuador:

Ecuador’s government has filed two counterclaims against a ConocoPhillips’ (COP) subsidiary for a total of $504 million as part of its defense strategy in an arbitration claim, the country’s attorney general said Monday.

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