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Ecuador appeals court rules against Chevron in oil case [View All]

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dbt Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-04-12 04:37 AM
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Ecuador appeals court rules against Chevron in oil case
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Source: BBC

An Ecuadorean appeals court has upheld a ruling that Chevron should pay damages totalling $18.2bn (11.5bn) over Amazon oil pollution. <snip>

Texaco, which merged with Chevron in 2001, was accused of dumping toxic materials in the Ecuadorean Amazon.

The original ruling ordered Chevron to pay $8.6bn in damages, which was more than doubled after the company failed to make a public apology.

"We ratify the ruling of February 14 2011 in all its parts, including the sentence for moral reparation," the court in the Amazonian city of Lago Agrio said in its ruling, according to Reuters.


Read more: http://www.bbc.co.uk/news/world-latin-america-16404268
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