Panel: $500,000 Award For Ecuadorian Oil Dispute Proper, $14,000 In Interest Vacated

(July 24, 2023, 8:33 AM EDT) -- DENVER — A 10th Circuit U.S. Court of Appeals panel affirmed the confirmation of an arbitral award worth more than $500,000 in favor of a Texas-based energy company for a dispute over oil and gas work in Ecuador and affirmed a $60,000 attorney fees award in the company’s favor but vacated and remanded the court’s award of more than $14,000 in prejudgment interest on the fees....