Chevron Cleared To Continue Its Joint Venture Agreement With YPF To Exploit Vaca Muerta

The legal war against San Ramon, California-based Chevron has been waged in several countries, including Argentina, where the law firm of Bruchou, Fernandez Madero y Lombardi tried to enforce the Ecuadorian judgment, enforcement which was finally rejected by the Supreme Court of Argentina. Now Chevron persuaded a federal appeals court this week to confirm U.S. District Judge Lewis Kaplan decision of March 2014, barring the enforcement of the Ecuadorian judgment, citing the corruption used to obtain it. The decision block the enforcement in the United States of an $8.65 billion Ecuadorean pollution judgment which the court agreed, was obtained through bribery and fraud. (see http://fortune.com/2016/08/09/chevron-wins-major-ruling-in-8-6-billion-ecuador-pollution-case/).