Tribunal Condemns Ecuador’s $9.5 Billion Ruling Against Chevron – Wall Street Journal

An international tribunal found the Republic of Ecuador violated a treaty with the U.S. by allowing its court system to issue a $9.5 billion judgment against Chevron Corp. in an environmental case. The Friday ruling by the international arbitration court in The Hague further bolsters Chevron’s campaign to invalidate the 2011 Ecuadorean judgment, which sought to hold the energy giant responsible for environmental damage in an Amazonian village.