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Business Ecuador Court Upholds $18 Billion Judgment Against Chevron for Oil Pollution
(ContributorNetwor
Business Ecuador Court Upholds $18 Billion Judgment Against Chevron for Oil Pollution
(ContributorNetwor
| Ecuador Court Upholds $18 Billion Judgment Against Chevron for Oil Pollution (ContributorNetwor |
| Thursday, 05 January 2012 | |
| ContributorNetwork - According to the Miami Herald, an appeals court in Ecuador has upheld an $18 billion judgment against Chevron Corp. for the dumping of millions of gallons of contaminated wastewater into streams and creeks in the country. The environmental contamination was caused by Chevron's predecessor Texaco over several decades up until the 1990s, followed by the two companies merging in 2001. |