We represented a South American state-owned oil entity in a complex dispute for 12 billion dollars that arose from fraudulent contractual claims filed by a group of Ecuadorian foundations, as a result of alleged environmental damages in the Amazon. LOVILL successfully argued a constitutional motion before the Supreme Court of Justice to remove an illegal embargo issued in favor of the plaintiffs for the total amount in dispute against the state entity. The Supreme Court of Justice accepted the state entity’s first line of defense and dismissed all claims on jurisdictional grounds.
We advised a multinational corporation in the logistics and consumer goods industries in a 13 million dollar dispute under ICC Rules. LOVILL provided a successful multi-tier strategy involving negotiations, mediation and international arbitration. LOVILL represented the client in the negotiations that led to an amicable settlement of the dispute between the parties’ which enabled a continuation of their commercial relationship.
Lovill advised a sovereign state in connection to a dispute of more than 600 million dollars, concerning the enforcement of a foreign judgment in favor of a state-owned entity. We structured our legal advice by creating a multi-jurisdiction approach in order to recover the assets obtained in the judgment.pension fund, a trust and a life insurance company. Lovill gave the client multi-tier advice regarding all tax, regulatory, competition and corporate aspects of the sale.