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Reuters: A federal appeals court threw out an injunction that Chevron Corp won to block enforcement of what it considers a fraudulent, multibillion-dollar judgment in Ecuador for polluting the Amazon jungle.
The 2nd U.S. Circuit Court of Appeals in New York on Thursday said a lower court erred in concluding that state law allowed the oil company to challenge a roughly $18 billion judgment before enforcement of that judgment had been sought.
Chevron could challenge the judgment's validity "only defensively,......
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U.S. court rules against Chevron in Ecuador case
Posted by Washington Post: Juliet Eilperin on January 26th, 2012
Posted in Water Conservation