The case of Chevron Corporation in Ecuador has already remade the U.S. law of discovery in aid of foreign suits. As the tribespeople who won a multibillion dollar verdict against Chevron open ever more enforcement fronts, the world’s most intensely-litigated case promises also to revamp the law on collecting foreign judgments around the world.

Following their first enforcement efforts in Canada and Brazil, the indigenous plaintiffs moved in August against residual assets in Ecuador. On Nov. 1 they moved to freeze Chevron’s assets in Argentina, and they soon plan to do the same in Colombia. On Nov. 7 they obtained an initial freezing order in Argentina. So far, the plaintiffs say, they’ve targeted assets worth more than half of the $19 billion judgment they won in Ecuador. More actions are under being weighed in Europe, Asia, and Australasia.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]