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Old 04-01-2012, 09:57   #1
Osem
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Join Date: Oct 2006
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Chevron faces $18bn damages claim

Quote:
An Ecuadorean appeals court has upheld a ruling that Chevron should pay damages totalling $18.2bn (£11.5bn) over Amazon oil pollution.
http://www.bbc.co.uk/news/world-latin-america-16404268

Quote:
In a statement released in response, Chevron said the decision was a "glaring example of the politicization and corruption of Ecuador's judiciary". It said it would continue to seek recourse through proceedings outside Ecuador.
Strong words indeed - I wonder how this will pan out.
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