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Chevron, Ecuador Dispute Can Be Arbitrated: Judge

Law360, New York (March 11, 2010) -- A federal judge has cleared the way for Chevron Corp. to proceed with an international arbitration dispute with Ecuador stemming from an Ecuadorean suit that alleges the oil giant owes $27 billion for environmental damage in the Amazon.

Judge Leonard B. Sand of the U.S. District Court for the Southern District of New York on Thursday rejected the Ecuadorean government’s request to stop Chevron from taking the long-running...

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