Andes Petroleum Ecuador Ltd v Occidental Exploration and Production Company - United States District Court Southern District of New York Case 1-21-cv-03930 - Order - 15 June 2023
Country
Year
2023
Summary
Appeal from a judgment of the United States District Court for the Southern District of New York (Alvin K. Hellerstein, Judge).
UPON DUE CONSIDERATION, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that the judgment of the District Court is AFFIRMED in part and VACATED in part.
Occidental Exploration and Production Company ("OEPC") appeals from a judgment of the United States District Court for the Southern District of New York (Hellerstein, J.) that (1) denied its motion to vacate an arbitration award, (2) granted a motion by Andes Petroleum Ecuador Limited ("Andes") to confirm the arbitration award, and (3) awarded pre-judgment interest. We assume the parties' familiarity with the underlying facts and the record of prior proceedings, to which we refer only as necessary to explain our decision to affirm in part and vacate in part.