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Ecuador: $18 Billion Ruling Against Chevron Is Upheld.

Source :
New York Times. 1/4/2012, Vol. 161 Issue 55640, p7. 0p.
Publication Year :
2012

Abstract

An Ecuadorean appeals court on Tuesday upheld a ruling that the Chevron Corporation, the United States oil giant, should pay $18 billion in damages to plaintiffs who accused it of polluting the Amazon jungle and damaging their health. A local judge ordered Chevron to pay $8.6 billion in environmental damages in February, but the amount rose to about $18 billion because Chevron failed to make a public apology as required by the original ruling. Chevron swiftly denounced the ruling, calling it ''illegitimate'' and fraudulent. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
03624331
Volume :
161
Issue :
55640
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
70092218