Tags: Ecuador Chevron

Lawyer: Judge Fines Chevron $8 Billion in Ecuador

Monday, 14 Feb 2011 03:33 PM

An Ecuadorean judge ruled Monday that Chevron Corp. was responsible for oil contamination in a wide swath of Ecuador's northern jungle and fined it at least $8 billion, the plaintiffs' lead attorney told The Associated Press.

Chevron said it would appeal and called the ruling "illegitimate and unenforceable" in a news release.

The plaintiffs' lawyer, Pablo Fajardo, called the judgment "a great step that we have made toward the crystalization of justice."

He told the AP, however, that he considered the damage award too low and was also considering an appeal.

Fajardo said by telephone that he had just received the 187-page ruling and needed to digest it before commenting further.

Chevron has long contended that the court-appointed expert in the case was unduly influenced by the plaintiffs.

In its statement Monday, the corporation called the ruling "the product of fraud (and) contrary to the legitimate scientific evidence."

The suit stems from damages sought on behalf of 30,000 people for environmental contamination and illnesses that allegedly resulted from Texaco's operation of an oil consortium from 1972 to 1990.

Chevron bought Texaco in 2001.

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An Ecuadorean judge ruled Monday that Chevron Corp. was responsible for oil contamination in a wide swath of Ecuador's northern jungle and fined it at least $8 billion, the plaintiffs' lead attorney told The Associated Press.Chevron said it would appeal and called the...
Ecuador Chevron
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2011-33-14
Monday, 14 Feb 2011 03:33 PM
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