• 5 minutes 'No - Deal Brexit' vs 'Operation Fear' Globalist Pushback ... Impact to World Economies and Oil
  • 8 minutes China has *Already* Lost the Trade War. Meantime, the U.S. Might Sanction China’s Largest Oil Company
  • 12 minutes Will Uncle Sam Step Up and Cut Production
  • 9 mins Iran Is Winning Big In The Middle East
  • 7 hours Trump cancels Denmark visit amid spat over sale of Greenland
  • 5 hours Not The Onion: Vivienne Westwood Says Greta Thunberg Should Run the World
  • 18 hours Strong, the Strongest: Audi To Join Mercedes, BMW Development Alliance
  • 20 hours Nor Chicago, nor Detroit: Killings By Police Divide Rio De Janeiro Weary Of Crime
  • 16 hours US to Drown the World in Oil
  • 2 days Danish Royal Palace ‘Surprised’ By Trump Canceling Trip
  • 2 mins Tit For Tat: China Strikes Back In Trade Dispute With U.S. With New Tariffs
  • 6 hours OPEC will consider all options. What options do they have ?
  • 19 hours Gretta Thunbergs zero carbon voyage carbon foot print of carbon fibre manufacture
  • 21 hours With Global Warming Greenland is Prime Real Estate
  • 2 days A legitimate Request: France Wants Progress In Ukraine Before Russia Returns To G7
  • 2 days NATGAS, LNG, Technology, benefits etc , cleaner global energy fuel

Breaking News:

UK’s Oil Tanker May Soon Be Released

Alt Text

Chinese Scientists Find New Way To Clean Up Oil Spills

Chinese scientists have invented a…

Alt Text

The Oil Eating Bacteria That Can Clean Up Crude Spills

Scientists have discovered a rod-shaped…

Alt Text

BP To Take Final Hit On 2010 Disaster

British Petroleum is set to…

Joao Peixe

Joao Peixe

Joao is a writer for Oilprice.com

More Info

Premium Content

Ecuador vs Chevron Case Gets Down and Dirty

The record $19 billion fine levied against Chevron Corporation by a court in Ecuador for contaminating the Amazon rainforest takes a new twist as a New York court hears a case of fraud against the high-profile lawyer who helped Ecuador win its 2011 judgment. 

In a legal battle that has continued for two decades, the case against Chevron in Ecuador was led by New York lawyer Steven R. Donziger, who is now the target of another lawsuit alleging misconduct and fraud. Donziger was allegedly caught on video on the sidelines of filming for the documentary film “Crude” conceding that evidence had been fabricated to win the ruling in the Ecuador court.

And now we’re seeing previous Donziger devotees abandoning the cause, and the embattled lawyer as it becomes clearer that the New York court favors Chevron in the case.

Environmental groups say Chevron has only spent $40 million cleaning up the Amazon, but has spent more than $1 billion fighting the lawsuit.

The playing field here has been a murky one. Donziger secured millions of dollars in financing for the lawsuit from hedge fund Burford Capital and Patton Boggs in Washington, DC, which would have been repaid several times over with a share in the settlement against Chevron. But after doling out $4 million to Donziger’s cause, the hedge fund pulled out when Chevron laid allegations of fraud against Donziger.

In addition, Stratus Consulting—another of Donziger’s weapons—wrote the report that laid out Chevron’s contamination of the Amazon but then was hit by fraud charges from Chevron and recanted the report before the court.

If the district court in Manhattan rules against Donziger, it might be impossible for Ecuador to collect its $19 billion from Chevron.

If Chevron loses the case, it will embolden Ecuador to take the lawsuit to international courts and lend momentum to attempts by Ecuador and Donziger to seize Chevron assets in Canada, Argentina and Brazil to pay the $19 billion fine.

By. Joao Piexe of Oilprice.com




Download The Free Oilprice App Today

Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play