On Thursday, nearly a year after Chevron asked a New York federal court to block enforcement of a multibillion dollar judgment in Ecuador over oil contamination in the Amazon, the U.S. Court of Appeals for the Second Circuit said no in the most sweeping possible terms. The appellate panel concluded that a global and preemptive “anti-enforcement injunction” by “disappointed litigants in foreign cases” would be “radical,” unprecedented, ungrounded in statute, and potentially offensive to the principle of comity. (Click here for the ruling and here for news coverage from the New York Law Journal.)<

Chevron, of course, maintains that it is not merely a disappointed litigant, but a defrauded litigant. Where does it go from here?