Feb 20, 2011
Judge rules against Chevron in Ecuador
A judge in Ecuador ordered Chevron to pay more than $18 billion in damages on Monday, following an 18-year-old lawsuit that alleged Texaco dumped chemical-laden wastewater in the Amazon River Basin from 1964 to 1992. (Chevron acquired Texaco in 2001.) The question now is whether the award is enforceable.
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Source: SFGate
Category:
Offshore and Energy
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