Thu Oct 18, 2012, 02:41 AM

Judi Lynn (77,575 posts)

Court Orders First Handover of Chevron’s Ecuador Assets

Source: Environment News Service

Court Orders First Handover of Chevron’s Ecuador Assets
Posted by News Editor in Energy, Latest News, RSS on October 17, 2012 10:55 pm
Environment News Service (http://s.tt/1qmXx)

QUITO, Ecuador, October 17, 2012 (ENS) – An Ecuadorian court has frozen are all bank accounts owned by Chevron, Texaco, and their subsidiaries in partial payment of a $19 billion pollution damages judgment against Chevron.

Indigenous people and villagers living in the Ecuadorian Amazon were granted a court order this week that allows them to collect $200 million of Chevron’s assets in the country.

“This is a huge first step for the rainforest villagers on the road to collecting the entire $19 billion judgment,” said Pablo Fajardo, the lead lawyer for the plaintiffs.

Fajardo said the assets would be used to begin a cleanup of the ecological disaster left by Texaco, consistent with the mandates laid out by the Ecuador trial court.

Read more: http://ens-newswire.com/2012/10/17/court-orders-first-handover-of-chevrons-ecuador-assets/

12 replies, 1456 views

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12 replies	Author	Time	Post
Court Orders First Handover of Chevron’s Ecuador Assets (Original post)	Judi Lynn	Oct 2012	OP
Oh hell yes	HankyDub	Oct 2012	#1
I did....	Pachamama	Oct 2012	#7
Good for you!	HankyDub	Oct 2012	#11
Seems right.	truthisfreedom	Oct 2012	#2
K & R	dreamnightwind	Oct 2012	#3
Echoes of Avatar.... wow, just wow. It seems that believing you are above the law doesn't	2on2u	Oct 2012	#4
Yessssss!	Level.-.UP	Oct 2012	#5
This is what we should have done to BP! Brazil froze Shell's assets and took the passports of their	Dustlawyer	Oct 2012	#6
Obviously this is a tremendous victory. How long will it take to collect the $19 billion?	Citizen Worker	Oct 2012	#8
Drill Baby Drill! Republican Outrage To Begin In 3, 2....	StevePaulson	Oct 2012	#9
Excellent news to start my day!	arcane1	Oct 2012	#10
Fantastic!	ronnie624	Oct 2012	#12

Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 02:55 AM

HankyDub (246 posts)

1. Oh hell yes

I never thought I'd see the day.

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Response to HankyDub (Reply #1)

Thu Oct 18, 2012, 08:25 AM

Pachamama (8,845 posts)

7. I did....

I knew it would take a long time though....i remember standing for the first time in front of some of the oil waste pits in Equador examining them with a team of people from the US as our guides, several huarani tribal elders including "Moi" showed us these....

Note: i was nauseated and sick (literally physically) from even being in the proximity and breathing in of the toxic fumes just after being near these for less than an hour. Imagine these overflowed into the drinking water and the river water that flowed thru these peoples villages.

We won...Pachamama won this won...

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Response to Pachamama (Reply #7)

Thu Oct 18, 2012, 11:53 PM

HankyDub (246 posts)

11. Good for you!

And thanks for putting in the work!

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Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 03:47 AM

truthisfreedom (17,675 posts)

2. Seems right.

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Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 05:58 AM

dreamnightwind (1,457 posts)

3. K & R

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Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 06:24 AM

2on2u (1,843 posts)

4. Echoes of Avatar.... wow, just wow. It seems that believing you are above the law doesn't

necessarily make it so.... pay attention Willard.

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Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 06:24 AM

Level.-.UP (2 posts)

5. Yessssss!

Ecuadorians for the win!

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Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 07:45 AM

Dustlawyer (1,305 posts)

6. This is what we should have done to BP! Brazil froze Shell's assets and took the passports of their

executives that were in the country at the time! Would never happen here since BP and the other oil companies own our government!

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Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 09:17 AM

Citizen Worker (1,785 posts)

8. Obviously this is a tremendous victory. How long will it take to collect the $19 billion?

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Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 09:59 AM

StevePaulson (49 posts)

9. Drill Baby Drill! Republican Outrage To Begin In 3, 2....

It would have only cost $1 a barrel more to produce the oil without poisoning the Amazon. You know how far that will get you....

http://www.RepublicansAreADisease.com

They couldn't bribe their way out of this one darnit!

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Response to Judi Lynn (Original post)

Thu Oct 18, 2012, 11:55 AM

arcane1 (19,958 posts)

10. Excellent news to start my day!

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Response to Judi Lynn (Original post)

Fri Oct 19, 2012, 12:52 AM

ronnie624 (3,692 posts)

12. Fantastic!

I just assumed oil companies were above the law.

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