High Court Distributes Petition Challenging $392M Ecuadorian Oil Award

(December 1, 2023, 10:47 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court distributed for conference a U.S. oil company’s petition for a writ of certiorari challenging the Second Circuit U.S. Court of Appeals’ affirmance of an award against it worth more than $392 million in relation to a $1 billion Ecuadorian oil dispute after the Chinese company-owned respondent waived its right to respond....