New York Times – Chevron Looks to Arbitrators to Save It From $18B Pollution Payout
Date: Jun 2, 2011
In the last of a three-part series on the Chevron Ecuador case, The New York Times writes about next steps in the judicial process:
The final battle in Chevron’s high-profile war against an $18 billion judgment over oil pollution in Ecuador is likely to be fought behind closed doors in an ornate building in the Netherlands.
The Peace Palace — a neo-Renaissance structure built in The Hague with the financial backing of industrialist Andrew Carnegie almost a century ago — is home to the Permanent Court of Arbitration, whose specialty is resolving international legal disputes.
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