NY judge declines to halt $18B Ecuadorean judgment

Associated Press: A federal judge said Friday he's not yet willing to block collection of an $18 billion court judgment against the energy giant Chevron for environmental damage in an Ecuadorean rain forest despite claims by Chevron that it faces imminent irreparable harm to its holdings around the world if U.S. courts do not intervene. A court in Ecuador last February ordered Chevron to pay the steep penalty for pollution that occurred when Texaco was operating in the forest, between 1972 and 1990. Texaco became......

Read Complete Article at Water Conserve: Water Conservation RSS Newsfeed

You can leave a response, or trackback from your own site.

Leave a Reply