Lago Agrio News
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Argentina’s Supreme Court revoked the seizure of Chevron Corp.’s assets in the country six months after an embargo that threatened to derail plans to develop shale deposits with state-run YPF SA.
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Baker Botts LLP announced three lateral hires last week including international tax lawyer Don J. Lonczak and capital markets lawyer Bonnie A. Barsamian.
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Chevron Corp. lost a bid to stop Chief Executive Officer John Watson from being questioned by the attorney the company is suing over claims he committed fraud to win a $19 billion verdict in a pollution case in Ecuador.
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Chevron Corp. lost another bid before a U.S appeals court for an order blocking enforcement of an Ecuadorean court’s $18 billion environmental damages verdict.
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Chevron Corp.’s bid to protect assets that could be seized as part of an $18 billion environmental damages verdict against it in Ecuador was denied by a U.S. judge, who said the request could be renewed at a later date.
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Weil Gotshal & Manges LLP and Proskauer Rose LLP represented American Realty Capital Properties Inc., which offered to buy Cole Credit Property Trust III Inc. for at least $5.7 billion, seeking to create one of the largest real-estate investment trusts that leases space to single tenants. Sullivan & Cromwell LLP is advising Cole Holdings as owner of the external manager to Cole Credit Property Trust III.
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An Argentine judge ordered the seizure of all Chevron Corp.’s assets in the country, according to Enrique Bruchou, a lawyer representing Ecuadorean plaintiffs in a lawsuit over pollution in the Amazon rain forest.
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Chevron Corp.’s lawsuit claiming attorneys for Ecuadorean plaintiffs in a pollution case conspired to fabricate evidence was narrowed by a federal judge in New York.
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Chevron Corp. , the second-largest U.S. oil company, may never pay a cent of the award of more than $18 billion levied by an Ecuadorean court for environmental damage dating back to the 1960s.
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Olympus Corp., the camera maker that admitted hiding losses for over a decade, said it’s considering suing present and past executives after receiving a report from a panel probing management responsibility for the cover-up.
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