Appeals court in Ecuador upheld previous verdict against Chevron

Chevron obviously has deep pockets so they will continue fighting the $18 billion ruling, though outside of Ecuador. The oil company is blaming politics for the verdict rather than their own failures. What’s interesting is that Chevron fought in the US to have the case moved to Ecuador, but now they can’t live with the results. It sounds like they expected different results in the small country where their money might have an even greater chance of influencing the courts. The Guardian:

The ruling confirmed a February judgment in the case. The Ecuadorean plaintiffs said in a statement that the decision was based on scientific evidence presented at trial proving that waste had poisoned the water supply. “The appellate court relied on a record that proved that Chevron has violated the rights of the communities where it operates,” the plaintiffs said in the emailed statement. The lawsuit deals with pollution of the rainforest by energy company Texaco, which Chevron bought in 2001.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

Share This Post

© 2018 AMERICAblog Media, LLC. All rights reserved. · Entries RSS