H5 Gives Chevron Share In $9.5 Billion Ecuadorian Court Judgment

Mealey's (September 8, 2015, 10:55 AM EDT) -- SAN RAMON, Calif. — A settlement agreement between Chevron Corp. and a California litigation services firm in which the firm withdrew its support of a case against Chevron in Ecuador and has agreed to relinquish its share in a $9.5 billion Ecuadorian court judgment to Chevron was released Sept. 4.

(Settlement agreement available. Document #05-150922-013X).

Award

Chevron and Texaco Petroleum Co. (collectively, Chevron) filed a petition to confirm an arbitration award in the U.S. District Court for the District of Columbia issued in their favor and...
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