Chevron (CVX) loses its appeal in Argentina against asset freezes to enforce an Ecuadorean...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX) loses its appeal in Argentina against asset freezes to enforce an Ecuadorean judgment for it to pay $19B in damages for environmental pollution. Even as CVX has refused to make any payments and accuses Ecuadorean courts of fraud, it may need to spell out the impact of the decision in its upcoming financial statements or risk violating SEC rules.