US Supreme Court: Chevron $19bn to Ecuador

[jugoso]

The US Supreme Court has declined to block a judgement from an Ecuadorean court that a US oil firm pay billions in damages for pollution in the Amazon.

Chevron was fighting a ruling that it must pay $18.2bn (£11.4bn) in damages, a sum increased to $19bn in July.

It is the latest move in a decades-long legal wrangle between Texaco, bought by Chevron in 2001, and the people of the Lago Agrio region of Ecuador.

"While Chevron is disappointed that the court denied our petition, we will continue to defend against the plaintiffs' lawyers' attempts to enforce the fraudulent Ecuadorean judgment, and to further expose their misconduct," Chevron said in an email statement.

http://www.bbc.co.uk...canada-19892561

I feel it safe to say that Texaco did there fair share of pollutung. Yet these guys will use every legal maneuvere possible to avoid responsibility. Probably end up like an Exxon-Valdez situation

http://www.thedailyg...-years-47032401

Edited October 11, 2012 by jugoso

[Sir Wearer of Hats]

hmmm....

Ecuador somehow convinces the US to play ball.

Ecuador possesses Julian Assange.

Julian Assange is protected by diplomatic immunity until disavowed by Ecuador.

Julian Assange is an "enemy of the state" according to certain factions in the US government.

Black bag in Jules' future?

[questionmark]

hmmm....

Ecuador somehow convinces the US to play ball.

Ecuador possesses Julian Assange.

Julian Assange is protected by diplomatic immunity until disavowed by Ecuador.

Julian Assange is an "enemy of the state" according to certain factions in the US government.

Black bag in Jules' future?

Don't think so, those are deals done at foreign ministry levels, not at high court level.

In any case: This is the best the Supreme court could have done to show those South of the border that the immunity for US companies is over. No more United Fruit or United Brand.

[Ashotep]

I guess we will get to pay for Texaco's polluting ways in the form of higher gas prices.

[Babe Ruth]

I am pleasantly surprised to read this news. Almost shocked to see the USSC deliver a wee bit o' justice.