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New York Judge Stays Chevron Judgment, Orders Bond.

Authors :
Fisher, Daniel
Source :
Forbes.com; 3/8/2011, p27-27, 1p
Publication Year :
2011

Abstract

The article reports on the setback suffered by energy corporation Chevron Corp. in its legal battle over environmental damage in Ecuador after Judge Lewis Kaplan of the U.S. District Court barred the Ecuadorean plaintiffs from pursuing the company's assets outside of Ecuador. It says that the preliminary order overturned the 18 billion U.S.-dollar verdict obtained from the country. It adds that the court ordered Chevron to submit a bond of 21.8 million U.S. dollars.

Details

Language :
English
Database :
Complementary Index
Journal :
Forbes.com
Publication Type :
Periodical
Accession number :
65393639