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New York Judge Stays Chevron Judgment, Orders Bond.
- 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.
- Subjects :
- LIABILITY for environmental damages
BONDS (Finance)
ACTIONS & defenses (Law)
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Forbes.com
- Publication Type :
- Periodical
- Accession number :
- 65393639