NEW YORK, May 14, 2012 /PRNewswire via COMTEX/ -- Chevron suffered two new legal setbacks today when a U.S. federal judge, who usually favors the company, rejected its attempt to attach the assets of the Ecuadorians and their counsel who won an $18 billion judgment for environmental damage and separately tossed out two fraud-related claims against an American lawyer, according to published court decisions.
Judge Lewis A. Kaplan -- who for the last two years has almost uniformly favored Chevron in the hotly contested case -- also cast doubt on the viability of Chevron's two remaining claims under the federal civil racketeering statute, dealing another blow to the oil giant's campaign to evade paying the landmark judgment that was issued in February of 2011.
The decisions are the latest in a series of legal setbacks this year against Chevron over the $18 billion judgment. They include the unanimous reversal of Kaplan in a U.S. federal appeals court of a worldwide injunction against enforcement of the Ecuadorian judgment; an Ecuadorian appellate court's confirmation of a trial court decision that Chevron dumped billions of gallons of toxic waste into Ecuador's Amazon; and now, a refusal to attach the assets of the Ecuadorians and a narrowing of the fraud case.
Kaplan also cast doubt on the remaining RICO claims, saying they "raised a question concerning whether and to what extent Chevron may recover ... for injuries sustained" outside of the United States.
NEW YORK, May 14, 2012 /PRNewswire via COMTEX/ -- Chevron now faces another headache over its $18 billion Ecuador judgments - this time from some of its own investors.
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NEW YORK, April 24, 2012 -- /PRNewswire-USNewswire/ -- Chevron's Board of Directors recently awarded its General Counsel R. Hewitt Pate a 75% raise -- bringing his 2011 salary to a whopping $7.8 million -- for losing the landmark $18 billion environmental lawsuit in Ecuador...
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Blog by Mitch Anderson of Amazon Watch
London, England (April 19, 2012) – Ecuadorian indigenous leaders Humberto Piaguaje and Guillermo Grefa began a one week European tour today, where they will be educating major institutional investors in Chevron Corporation...
more...NEW YORK, April 17, 2012 /PRNewswire via COMTEX/ -- Chevron's 2011 annual report (Form 10-K) misleads shareholders and the financial markets with information that is either demonstrably false or materially misleading...
more...LAGO AGRIO, Ecuador, March 30, 2012 /PRNewswire-USNewswire/ -- A three-judge appellate panel in Ecuador has denied for the fourth time a Chevron attempt to block enforcement of the $18 billion environmental judgment...
more...Urgent measures sought to protect physical security In light of threats, surveillance
NEW YORK, Mar. 15 /CSRwire/ - Facing increased financial risk in Latin America, Chevron has launched a corporate espionage campaign ...
more...WASHINGTON, March 8, 2012 /PRNewswire--Ecuadorians who recently won an $18 billion judgment against Chevron, said today undisputed facts clearly show the company guilty of environmental crimes..
more...NEW YORK, March 1, 2012 /PRNewswire via COMTEX/ -- While BP is in settlement talks over the Gulf oil spill disaster, Chevron continues to pout over its $18 billion Ecuador judgment ...
more...Rainforest Communities to Provide More Information About Health Impacts of Chevron Contamination
WASHINGTON, March 1, 2012 /PRNewswire-USNewswire/ -- An international human rights court has agreed to hear the claims of the Ecuadorian indigenous rainforest communities ...
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