U.S. court rules against Chevron in Ecuador case

[Judi Lynn]

Source: San Francisco Chronicle

U.S. court rules against Chevron in Ecuador case
David R. Baker, Chronicle Staff Writer

San Francisco Chronicle September 19, 2011 04:00 AM Copyright San Francisco Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Monday, September 19, 2011

Ecuadorans suing Chevron Corp. over pollution in the Amazon rain forest are one step closer to collecting a $9.5 billion judgment against the San Ramon company.

A U.S. appeals court on Monday lifted a lower court's order that had blocked the Ecuadorans from collecting money in the long-running lawsuit.

In February, a judge in Ecuador ruled that Chevron should pay to clean up contamination in the oil fields where Texaco, bought by Chevron in 2001, once worked. But the company persuaded a U.S. judge to block enforcement, arguing that the verdict was the result of fraud. Chevron even filed a criminal conspiracy case against the Ecuadorans.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/09/19/BU5B1L6N82.DTL&type=business

[DCKit]

1. "Chevron even filed a criminal conspiracy case against the Ecuadorans."

Wow. Solid Brass Balls and no shame.

Chevron's lawyers should be disbarred for abusing the law in such a heinous manner.

[Supersedeas]

6. for the coin they charge oil companies to sling those statutes--that money is heinous

[newfie11]

2. Go Ecuador!!

I hope you get every last cent!!

[AngryAmish]

3. 9.5 billion X 33 1/3%=

happiness

Money may not buy happiness, but it can buy expensive cars.

[naaman fletcher]

4. Order barring Ecuador from collecting $18B vacated

Source: Wall Street Journal

http://online.wsj.com/article/AP7802644aa72746a1aba2efada0bf485e.html

NEW YORK — A federal appeals court has vacated an order by a New York judge that barred Ecuador from collecting an $18 billion judgment from Chevron Inc. for contaminating the Amazon.

The three-judge panel of the 2nd U.S. Circuit Court of Appeals vacated the order Monday.

The panel had previously made clear that it believed the company had overreached in its efforts to persuade U.S. District Judge Lewis A. Kaplan to strike down the judgment.

A lawyer for the Ecuadorean plaintiffs told the appeals court in oral arguments Friday that they would not attempt to recover damages until the appeals process in Ecuador was completed.

Read more: http://online.wsj.com/article/AP7802644aa72746a1aba2efada0bf485e.html

[bongbong]

5. Next step

SCOTUS...it'll be another 5-4 decision about how the Holy Billionaires are only to be worshiped.