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BURLINGTON RESOURCES, INC. v. REPUBLIC OF ECUADOR
Case Number:
1:17-cv-00265
Court:
Nature of Suit:
Judge:
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March 20, 2017
Ecuador, Conoco Affiliate Stay $380M Award Enforcement Suit
A D.C. federal judge on Saturday signed off on an agreement for a ConocoPhillips Co. subsidiary to pause its efforts to confirm a $380 million arbitration award against Ecuador while the country seeks to annul the award, which stems from a dispute over the allocation of certain oil profits.
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February 13, 2017
ConocoPhillips Affiliate Wants OK Of $380M Ecuador Award
A ConocoPhillips Co. subsidiary on Friday asked a D.C. federal judge to confirm a $380 million arbitration award against Ecuador, an award that the South American nation has vowed to challenge following nearly a decade of arbitration stemming from a dispute over the allocation of certain oil profits.